I don’t know about you but the recession has started to affect me personally, and it hurts more than just the bank balance. We’re in the middle of a global economic crisis and it’s likely to get worse before it gets better.

While most of us hope our government rescue plans succeed and spark growth once again, one man is hoping the credit crunch gets worse. Step forward Noel Gallagher from Oasis.
In an interview with That’s Shanghai, via NME, Gallagher spoke about a great many subjects, one of which, rather oddly, was the current economic situation. Not really a subject I’d grill the guitarist and lead songwriter of Oasis on personally.
Asked his views on “the current economic crisis, lack of employment, national depression, and lack of opportunities” and how these issues can inspire and drive music, Gallagher replied:
“When we started in the early 90s it was a pretty grim time when all the Conservatives were sill in power. Margaret Thatcher and all that, well she had just left, it was John Major I think it was. But yeah I think times of crisis usually bring out the best in music and fashion and politics and things like that. I hope the financial crisis gets a bit worse; at least we’ll get a few good albums out of it.
He’s clearly got his tongue very deeply in his cheek with the last part of his answer, but I’m not sure that will make the people being deeply affected by this depression feel any better about his attitude.
You’re losing your house, your business has gone bankrupt, and you can’t afford medical insurance but don’t worry, because “at least we’ll get a few good albums out of it.” Brilliant.
What Noel may be forgetting is that a worsening economy means less people will be buying albums, going to gigs, and paying extortionate prices to support their favorite artist. Noel may even have to sell one of his 27 houses.
[Photo Source: From Newscom with permission]



545 days ago
Wow, Noel has 27 houses. I didn’t know that–learn something new everyday! I guess if the recession (depression) gets too bad, Noel can become an apartment manager–live in one of his 27 houses and rent out the other 26.
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478 days ago
[...] Estado de la Nación adelantado por la crisis. Como si no fuera con ella, o como si tuvieran razón los que dicen que la crisis da lugar a mejores discos, la música independiente española parece estar en una de sus cumbres creativas, aunque las ventas [...]
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66 days ago
Everybody knows how big mouthed he was. What makes non-sense is why they keep interviewing him a silly topic like economy depression?? And why everybody take his words seriously? You know his attitude and don’t always judge him like this.. Beside it’s nothing to do with him to get into economy problems solving. He own his things, you people gotta do your own business than give your energy listen to his words. Stupid.
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66 days ago
Besides, Noel is a good songwriter.. No offense
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