“Music in the time of debt”… These graphs showing the stress factors and relievers seems to be a good look for music! Its gonna be the artists that deliver songs during these times that deal w/ the realities people are going thru and not the over indulgences that helped Americans get into this place of debt and despair, that might actually sell some records!! I think its also gonna have a good effect on all artists, and all those closet artists that are loosing their jobs – I bet some beautiful things will emerge from this storm for sure.
Hope so.
I think that music festivals will dodge a deep decline because of the relative economy of festivals vs. other travel and the continuing attraction of “the festival lifestyle.”