Venezuela’s Curious Art Boom

Venezuela has had a tough few years. Now – curiously – it’s on an art-buying boom. “In a country hit hard by economically devastating antigovernment strikes, a 2002 failed coup and capital flight that has amounted to billions of dollars, a curious phenomenon is unfolding: The affluent are seeking to shelter their fast-depreciating currency, the bolívar, in art, demonstrating once again that art can flourish in times of crisis, whether in Nazi-occupied Europe 60 years ago, in Communist Cuba in the 1990’s or in this politically charged South American country.”