Wednesday, November 04, 2009

AC/DC: Rolling in it

Which Australian entertainers make the most money? Well, yes, the headline on this post might give it away a little: AC/DC have taken back the top spot from, erm, The Wiggles.

The Age reckon that the ninefold increase in AC/DC fortunes might be down to it being grim for the rest of us:

Some of AC/DC’s hits over the years have coincided with the depths of the economic cycle, such as their successes during the recessions of the 1970s and 1980s. The band released its Black Ice album in October last year just as governments around the world rushed out emergency spending to avert a financial meltdown. The band’s contribution was to embark on a 17-month world tour.

I'm not entirely sure that the band were interested in bailing out anyone but themselves, but it's an interesting idea. Why waste all that money on complex computer models to predict the economy, when all you need to do to spot a downturn is ask Angus Young's tailor if he's letting out the waist on the schoolboy shorts again.

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