Someone is selling a fully operational winery in Tuscany for €750k ($864k).
9 hectares (22 acres) of land in total. 3 established vineyard hectares, 1 of mature olive trees producing certified organic olive oil, and 5 of cultivated farmland.
It already produces 9 wine labels and generates around €50k a year, selling locally only. The winery crafts 4 reds, 3 whites, 1 rosé and 1 passito. The fully equipped cellar and all the machinery are included, so it's a full business that's already running.
Above the cellar there's a 3-bedroom apartment, so you live where you work. The property is 5 minutes from Saturnia, home to one of Tuscany's most famous thermal springs.
I sent this to one of my clients the other day who's been looking for a project like this, but it's a bit too small for him.
This is Tuscany by the way. One of the most famous wine regions on earth. Just wanted to make sure that landed.
Curious how much something like this would cost in Napa?
@Icebergy Jensen at JRE saying that Lutnick gave them direct contact to the administration, including the president, w Lutnick stating that "[nvidia] is a national jewel, whatever you need, contact us"
was very cool, but also not very free markets etc
Picking this up in the morning:
Afaik the original premise was that tariff tax be paid by foreigners.
If it is paid by US importers and consumers, isn't that a failure?
Also, the original premise was not to impose tariffs to combat domestic wealth inequality, especially if the tariffs are paid by Americans, because then it becomes a redistribution tool of US citizens' money, not foreign money.
I just find that bizzare
@gammichan Would that be a win for the consumer also?
What I see is that gov wanted imports to decrease, so they just taxed them more. That’s less capital flight for the country, as you point out, but there is a cost to that and someone is bearing it.
Who?
Inflation reports don’t inspire much confidence tbh.
The thing with narrowing the deficit is that (according to Gemini) US import value decreased MoM by figures varying from 17% to 25%.
So yes, on paper, the deficit might be narrower, but it’s also because imports are lower. Hard to present that as a win imo
Ken Griffin: 'Unfortunately, the most recent research indicates the tax been borne by both American consumers and by American businesses. So the money raised by Washington in the tariffs has really come at the expense of the American people'
Ken Griffin: 'Unfortunately, the most recent research indicates the tax been borne by both American consumers and by American businesses. So the money raised by Washington in the tariffs has really come at the expense of the American people'