he sale of Detroit’s art could be seen as a tragic and powerful symbol of the city’s political corruption and cultural collapse.
It’s not often that mismanagement and debt force a government to sell off precious cultural resources. However, Detroit could soon join the likes of Greece, as the Motor City may need to sell public museum art to private buyers in bankruptcy sales.
Greeks were outraged in 2010 when a German banker suggested that the indebted nation should sell off islands and other cherished artifacts, but Greece is now selling palaces, islands, and royal estates.
http://www.wnd.com/2013/06/bankrupt-detroits-culture-going-to-the-highest-bidder/
It’s not often that mismanagement and debt force a government to sell off precious cultural resources. However, Detroit could soon join the likes of Greece, as the Motor City may need to sell public museum art to private buyers in bankruptcy sales.
Greeks were outraged in 2010 when a German banker suggested that the indebted nation should sell off islands and other cherished artifacts, but Greece is now selling palaces, islands, and royal estates.
http://www.wnd.com/2013/06/bankrupt-detroits-culture-going-to-the-highest-bidder/
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