![]() This too is happening to the Western hemisphere. In Egypt the land is replenished each year with the rains from afar. As our little world grinds to its untimely end, our daily joy will pervade, and with the benefit of DNA and our unique and personal touches, no Chinese factory artists can help themselves to our last laughs. ![]() Like the current passion for gold and other durables, some collectibles are actually experiencing a boom. Like the moon, come out from behind the clouds! Shine.” ( Buddha)Įsoterica: Now for the good news: Hammered down by last year’s experience in real estate and stocks, some end-time investors are turning to the art market. We are now beginning a life in the real world. We in the West were just lucky for awhile. Universal democratization and social redistribution are at our studio thresholds. In a way, things are now actually getting back to normal. Today we are witnessing a mega-shift of wealth from West to East. Visual arts grants are now seen as unwarranted and unsustainable welfare going to flamboyant noise rather than quiet talent. The Giclee print business is fading under the hot sun of overcapacity. Right now there’s a natural extinction of less effective galleries. This is not good news for creative folks who need to pay their bills. Right now, tug captains and captains of industry are in for higher taxation and lower benefits. Further, the art market parallels the housing market, and we know what’s going on there. When families once again spend money on cars, vacations and hockey games, there will be money again for art. Art success is in the mood of the general population. Also, different cities are differently affected.Īrtists flourish when economies flourish. Some countries are more depressed than others. The art business, and most other businesses for that matter, are paying a price. Our world is having its pants pulled down by Western debt. You, Robert, are living in an unreal world.” “Two of my galleries have closed their doors, my main guy is getting mighty slow to pay, my Giclee printer is selling off his equipment, grants are impossible and my bills are building. Yesterday, I received an angry email from a New Jersey painter who wants to remain anonymous: “All this talk about joy, magic and inspiration is not worth a damn if no one is buying,” he wrote.
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