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 AC/DC - Harbingers of Financial Doom?

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Fat Freddy
Metal, Movies, Beer
Metal, Movies, Beer
Fat Freddy


Number of posts : 37962
Age : 54

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PostSubject: AC/DC - Harbingers of Financial Doom?   AC/DC - Harbingers of Financial Doom? Icon_minitimeThu Dec 04, 2008 1:16 pm

Obviously this piece is meant to be tongue in cheek (I'm not sure where it appeared, I pinched it off another message board)... sounds almost like something The Onion would've come up with. Laughing

AC/DC blamed for financial crisis

As the global financial crisis continues to make headlines around the world, talk is inevitably turning to who is to blame.

The usual suspects have been wheeled out — greedy investment bankers, greedy investors, greedy politicians and so on — but it seems a group of Aussie legends could be inadvertantly to blame.

According the UK Guardian's music critic, Alexis Petridis, Aussie rockers AC/DC's ascension to the top of the UK charts amid the current crisis may be no coincidence. Every time the iconic rockers have topped the charts, financial catastrophe has shortly followed, particularly in the UK.

Shortly after the band formed in Sydney in 1973, the world was hit by the global oil crisis, which saw prices quadruple. In 1980, meanwhile, as the UK struggled with inflation at 20 percent and unemployment hit 2 million, AC/DC released Back in Black.

As Australia was gripped by "the recession we had to have" in 1990 and interest rates soared towards 20 percent, AC/DC scored a remarkable comeback with The Razor's Edge.

Fast forward to 2008 as the world is gripped by the biggest financial crisis since the great depression and guess who's comback album is number one in the UK? That's right, AC/DC's Black Ice.

As the Guardian's Petridis said, the world economy may be in tatters and uncertainty may be the watchword, but one thing remains constant.

"Western capitalism might collapse but at least [Angus] Young can be relied on to perform a song about either rock and roll or testicles while wearing shorts, blazer and cap," he wrote.

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TheGooch
nOOb master
TheGooch


Number of posts : 4429
Age : 35

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PostSubject: Re: AC/DC - Harbingers of Financial Doom?   AC/DC - Harbingers of Financial Doom? Icon_minitimeFri Dec 05, 2008 12:43 am

im sure you could say that about other bands who released albums at the time. although they do say heavy metal sells well in recessions
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Lurideath
Metal is in my blood
Metal is in my blood
Lurideath


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Age : 52

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PostSubject: Re: AC/DC - Harbingers of Financial Doom?   AC/DC - Harbingers of Financial Doom? Icon_minitimeFri Dec 05, 2008 1:20 am

That's quite a story! Just proves AC/DC know when to make money. haha
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the sentinel
Metal is Forever
the sentinel


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PostSubject: Re: AC/DC - Harbingers of Financial Doom?   AC/DC - Harbingers of Financial Doom? Icon_minitimeFri Dec 05, 2008 11:38 pm

lol! AC/DC - Harbingers of Financial Doom? 647664
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TheGooch
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TheGooch


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PostSubject: Re: AC/DC - Harbingers of Financial Doom?   AC/DC - Harbingers of Financial Doom? Icon_minitimeSat Dec 06, 2008 6:22 am

its been a good year for heavy rock sales wise i would say
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PostSubject: Re: AC/DC - Harbingers of Financial Doom?   AC/DC - Harbingers of Financial Doom? Icon_minitime

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