Want to create an interactive transcript for this episode?
Podcast: The Mike Hosking Breakfast
Episode: Mike's Minute: Quality is recession proof
Description: I am hoping events this week, at least in some small way, teach us all a simple economic lesson or two. Lesson 1: the red meat numbers. We export a fortune in meat to the world. The critical part of it is it is the best of quality – quality will always beat quantity. Why? Because the world will always contain large numbers of people unaffected by economic tides, and people with money like good stuff. There are some things in life beyond the prevailing tide – Château Lafite, Bugatti cars, Rolex watches, and New Z...