Invisible Art, Invisible Profits
"I am once again going to take Bill Bonner as a great contrarian indicator. Last time I bought something he couldn't trash enough, it worked out (and continues to work out!) very well. I speculated on what he constantly referred to as 'the river of no returns' (Amazon). Now I am going to speculate on what he calls funny bunnies. Keep up the great work."
"Salvatore Garau sold his piece, entitled 'Io Sono' (I am), to an unidentified buyer last month."Italian auction house Art-Rite organized the sale of the 'immaterial' statue in May with a beginning estimated value coming in between $7,000 and $11,000. [It sold for $18,000.]"Explained the Sardinian-born artist, 'The vacuum is nothing more than a space full of energy, and even if we empty it and there is nothing left, according to the Heisenberg uncertainty principle, that 'nothing' has a weight,' according to Hypebeast. 'Therefore, it has energy that is condensed and transformed into particles, that is, into us.'"
"...we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened."