The international art market is a money laundry whose details are in the Panama Papers

That explains a lot!

It also raises an intriguing (probably very naive) possibility: could there conceivably ever be a “deflation” in the value of a Picasso? If the world’s leading modernist expert declared that, hey, y’know what, Pablo’s stuff was a bit shit really, could it - like fashion - rapidly plummet out of favour and leave the Nazi hoarders nursing losses…?

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