Chelsea: Artworld Grindhouse?

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ArtFagCity blows off some steam:

Finding Art That Won't Depreciate in Value Less Than A Minute After Its Purchase

For all the talk about the activity of the contemporary art market right now, you'd think there'd be a product to back it. Leaving Chelsea this Saturday I felt like I was reliving the dot com boom: everybody's investing in empty products that do nothing, and in the case of art this even extends to a formal level.

[ouch! she does like a few things though... read on.]