Dutch Museum May Sell Art to Pay the Bills
You know the recession is getting bad when you read things like this: "Rotterdam's Wereldmuseum plans to sell its African and American treasures to cover funding shortfalls … " [Reuters [http://www.reuters.com/article/2011/08/17/us-finearts-netherlands-museums-idUSTRE77G38220110817]]
You know the recession is getting bad when you read things like this from Reuters:
Rotterdam’s Wereldmuseum plans to sell its African and American treasures to cover funding shortfalls made more likely by the economic crisis in Europe and a planned cut in state subsidies to the arts starting in 2013.
Yikes. It’ll be interesting to see where these objects end up, and, in the process, it may tell us a little something about the state of the world’s finances.
