July 30, 2012 § Leave a comment
While in Spain last week I brought back a load of Spanish ham. Not just any ham but pata negra– ‘black hoof’ ham.
This is cultivated from the leg of the finest pigs in the south of Spain. The pigs are fed on only black acorns and live a very happy life.
The ham itself is a delicacy. It is cured for a total of 36 months and is the sort of thing that just fizzles its way down your throat, like nectar. But it’s expensive. A kilo is about £40. The good thing is that these legs of ham are designed to be enjoyed for many months, even years, after.
Anyway why am I talking about pata negra on a finance blog?
Well the pigs are a redolent image of the financial markets these past four years. And, just like the fat pata negras, these countries have gorged themselves on the choicest black nuts in the market. But now, with the times turning bad, they are being taken apart limb by limb to be enjoyed– yes savoured– by the true blooded wealth of the West.
Some of you may have noticed that I am a conisseur of food and wine. In such light I have decided to open a recipe page for some of the finest delicacies in the world.