The Art of Bubbles: How Sotheby’s Predicts the World Economy

Complex economic indicators too confusing? Watching prices of art sold Sotheby’s auction house is much easier. This article describes how record-breaking prices for art work (and, as a proxy for this, Sotheby’s stock prices) are a sign of an impending economic collapse. China’s leading the way with silly spending right now, so…….?

Link

Advertisements

Leave a comment

Filed under Articles

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s