The financial doom is all down to Angus Young & AC/DC
Yep, that's right, AC/DC and not bankers nor capitalist politicians are the real harbingers of economic doom - at least according to the Guardian. It has something to do with the fact that the last time an AC/DC album topped the charts we were in a similar state of financial woe.
As self-confessed bleeding heart leftie, I can be found reading the Guardian on most mornings with my cuppa tea, but today they delved into Daily Mail territory. No, they didn't tell us that gay, hoodie-wearing, paedophile immigrants are stealing your identity whilst pushing the price of petrol up, but we are getting equally as tenuous. OK, it was written with a certain sense of tongue in cheek, but still....
So here we have some choice excerpts:
"Those keen to draw wider inferences from its success might note that the last time AC/DC made No 1 in Britain, the country was on the brink of recession. Back In Black, the album that marked their commercial breakthrough and went on to become the second biggest-selling of all time, was released in 1980, just as inflation had reached 20% and unemployment inched towards 2 million.
When the economy recovered, AC/DC's popularity receded, albeit becoming merely immense instead of phenomenal: their "flop" 1985 album, Fly On The Wall, still sold more than 1m copies, a not unimpressive figure, but a fraction of Back In Black's 30m sales or the 5m copies that Black Ice sold in the last seven days.
But right on cue the album that returned the band to its heyday was The Razors Edge, released in 1990 - just as Britain headed towards its last recession."
It then went on to say something about people looking for 'simpler' forms of entertainment during economic hardship.
The article is then backed-up with a neat little time-line as further evidence:
"1973: AC/DC form in Sydney, Australia.
Economy: Start of the oil crisis, which saw the price quadruple
1980: AC/DC release breakthrough album Back In Black
Economy: Inflation in UK reaches 20% and unemployment nears 2 million
1990: AC/DC score comeback with The Razor's Edge
Economy: Recession in UK imminent
2008: AC/DC top UK album charts
Economy: Biggest world recession in decades looms"
You can read the whole of Alexis Petridis' article at GuardianUnlimited
As self-confessed bleeding heart leftie, I can be found reading the Guardian on most mornings with my cuppa tea, but today they delved into Daily Mail territory. No, they didn't tell us that gay, hoodie-wearing, paedophile immigrants are stealing your identity whilst pushing the price of petrol up, but we are getting equally as tenuous. OK, it was written with a certain sense of tongue in cheek, but still....
So here we have some choice excerpts:
"Those keen to draw wider inferences from its success might note that the last time AC/DC made No 1 in Britain, the country was on the brink of recession. Back In Black, the album that marked their commercial breakthrough and went on to become the second biggest-selling of all time, was released in 1980, just as inflation had reached 20% and unemployment inched towards 2 million.
When the economy recovered, AC/DC's popularity receded, albeit becoming merely immense instead of phenomenal: their "flop" 1985 album, Fly On The Wall, still sold more than 1m copies, a not unimpressive figure, but a fraction of Back In Black's 30m sales or the 5m copies that Black Ice sold in the last seven days.
But right on cue the album that returned the band to its heyday was The Razors Edge, released in 1990 - just as Britain headed towards its last recession."
It then went on to say something about people looking for 'simpler' forms of entertainment during economic hardship.
The article is then backed-up with a neat little time-line as further evidence:
"1973: AC/DC form in Sydney, Australia.
Economy: Start of the oil crisis, which saw the price quadruple
1980: AC/DC release breakthrough album Back In Black
Economy: Inflation in UK reaches 20% and unemployment nears 2 million
1990: AC/DC score comeback with The Razor's Edge
Economy: Recession in UK imminent
2008: AC/DC top UK album charts
Economy: Biggest world recession in decades looms"
You can read the whole of Alexis Petridis' article at GuardianUnlimited
Labels: AC/DC, Back in Black, Black Ice, Bon Scott, Brian Johnson, economic doom, Fly on the Wall, Guardian Newspaper, Malcom Young, Razors Edge, recession
posted by Sleazy Rock n' Roll at
18:09
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