What sound does a bubble make just before it bursts? We heard it last week at the Art Basel fair in Miami, where the rich flock to stock up on art each December. A Richard Prince "nurse," hung amid Picas-sos and Miros, selling for $6.5 million; a Damien Hirst "medicine cabinet" priced at $4 million; Julie Mehretu squiggles, barely a decade old, for $2.6 million-all for sale at Art Basel, and all with prices so high they are bound to crash-land.
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