On Sun, Dec 5, 2010 at 2:28 PM, <[email protected]> wrote: > In a message dated 12/3/10 11:58:17 AM, [email protected] writes: > > > > > About the Dutch 18thc economy: They seem to have spent a lot on the > War > of the Spanish Succession. A lot of this government debt was sopped up > and > kept by a very few people, which meant that speculative cash was scarce. > This meant that industrialization languished, also innovation in > industrialization,real wages fell and fewer people bought paintings. > Kate Sullivan > >
According to the following: - The outbreak of the Dutch Revolt during the last third of the sixteenth century severely disrupted the economy of the Southern Netherlands, and as a result, the Antwerp art market collapsed in the mid-1580s. http://www.brepols.net/Pages/ShowProduct.aspx?prod_id=IS-9782503513812-1
