On this episode Jerry, Matt, and Magnus discuss the very real Art World art market recessions and how it effects artists, art dealers, art advisors, and auction houses.
We talk about when is the art market recession going to end. We talk about how auction houses such as Sotheby’s seems to be imploding from the inside out thanks to leveraged debt business models. Artists, the most vulnerable subset, seem to really be struggling.
And we discuss solutions to these problems and how we can all change our mindsets during all of this financially insane time.
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