While Spain extends a hand to the troïka for help in shoring up its banks and Italy steps in line to do the same, the financial crunch affecting Europe seems far from the preoccupations of the art market. At least on the surface. Welcome to Art Basel, where everyone is looking good and wears a smile. No way will anyone let transpire a sign of worry. Only a few galleries, the choice of works they are showing, betray a necessity to sell at all cost, setting aside their artistic affirmations or extravagant displays of the past. Here, everything is disconnected. As if art could save the world. After all, what is more exciting than investing money in a work by a confirmed artist rather than risking it in the stock market or buying property which is highly taxed.
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