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Art market boosted by Abenomics after years in doldrums

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By Megumi Lim

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Now, with signs of economic recovery under Prime Minister Shinzo Abe's policies, known as "Abenomics," the art market is reviving as well as the Nikkei stock index pushes to multi-year highs - and the yen falls to multi-year lows.

This is ridiculous. You print money, and it creates bubbles. Just like in the U.S. there's a bubble in fine art. You can pretend that rising prices coupled with stagnant or falling wages is a good thing all you want, but this economy is toast.

4 ( +5 / -1 )

Well, at least someone is getting something out of Abedemonics - sorry, Abenomics!

0 ( +0 / -0 )

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