Sábado, 7 de Dezembro de 2013
It shows that there is a lot of liquidity that just flushes into one speculative sector of the market to another one..."
Em paralelo com a Art Basel Miami está a decorrer no Hotel Deauville a NADA (New Art Dealers Alliance Fair) que apresenta exclusivamente jovens artistas e talentos emergentes. O meu amigo James Fuentes, membro desta associação de pequenos galeristas, disse que as "vendas têm sido muito fortes".
Sexta-feira, 6 de Dezembro de 2013
In America and in the West, what they said was, "No, no. We are going to let the incompetent people take over the assets from the competent people and then let them compete with the competent people." The japanese tried this in the early nineties, the japanese had two lot decades. It is not going to work. In Scandinavia, in the early nineties let people go bankrupt, they had a horrible two or three years but since they they grown dramatically over the past 15 or 20 years.
The way the system works is, when you fail, you fail and you start over. In America we do not do that anymore and we are kicking the can down the road..."