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June 30, 2010 – Review
Goldin+Senneby at Kadist Art Foundation, Paris
Jennifer Teets
“For ‘Euro’ and ‘dollars’ one should write ‘xeno’ and ‘money’ respectively. The Eurodollar has long since shed its attachment to Europe. It is, in fact, no longer geographically located but circulates within an electronic global market which, though still called the Eurodollar market, is now the international capital market. And its attachment to dollars is denominational rather than actual: not only can all currencies be swapped instantaneously in and out of the dollar, but there is also a growing volume of other instruments within this new market, such as Eurobonds, issued in Yen, Deutschemarks, Ecus and so on.”
—Brian Rotman, Signifying Nothing: The Semiotics of Zero (New York: St. Martin’s Press, 1987), pp. 87-107.
On June 6, 2010, the world woke up to a perplexing $2.6 trillion conundrum. The New York Times headlines indicated a whodunit mystery, “Debtors’ Prism: Who Has Europe’s Loans?” A lump of loans had gone astray along with the unnamable lenders to attribute them to. But could their origins simply disappear? Apparently so, according to investors, regulators, and bankers, provoking a whirlwind of finger-pointers amongst Europe’s financial leaders. This inscrutability, in all its severity, has sparked off spoofs throughout the world: poof, and the magic wand makes it …