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Swiftonomics: what Taylor Swift reveals about the US economy!


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INSIGHTS.MASTERWORKS.COM

Taylor Swift's fandom and the recent Ticketmaster Eras Tour debacle can show us the intricacies of the music industry economy.

OP note: this subject is no joke! Skyrocketing demand by folks who sometimes can barely afford it and have other needs and liabilities like college debt, limited supply of concerts, price gouging by AI, and monopoly accusations by an underregulated market.  Swiftonomics is here to stay and expand to other industries?

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On 4/29/2023 at 2:51 PM, marylander1940 said:

OP note: this subject is no joke! Skyrocketing demand by folks who sometimes can barely afford it and have other needs and liabilities like college debt, limited supply of concerts, price gouging by AI, and monopoly accusations by an underregulated market.  Swiftonomics is here to stay and expand to other industries?

I'm not surprised at all.  Nearly 60% of the population lives paycheck to paycheck, but people still find the money for concerts, expensive clothes, cars and drugs.  It is amazing.  I believe it has been like this for a long time.  

 

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WWW.CNBC.COM

With inflation stubbornly high, more than half of all Americans are living paycheck to paycheck, according to a new report.

 

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4 hours ago, kingsley88 said:

It's their money/debt and it's their choice how to spend their money as they see fit.

 

I agree.  The problem is when most of these people get into trouble they don't blame themselves, they blame others.  Like the government or their spouses or family that won't bail them out, etc.   Their own frivolous behavior is never the culprit.

Edited by augustus
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On 4/30/2023 at 8:51 PM, augustus said:

I'm not surprised at all.  Nearly 60% of the population lives paycheck to paycheck, but people still find the money for concerts, expensive clothes, cars and drugs.  It is amazing.  I believe it has been like this for a long time.  

 

106619273-1594906098996gettyimages-86975
WWW.CNBC.COM

With inflation stubbornly high, more than half of all Americans are living paycheck to paycheck, according to a new report.

 

and hiring escorts... 

 

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  • 4 weeks later...

Taylor Swift is worth a mere $400,000,000

while Jeff Bezos new yacht cost $500,000,000.

So Swiftonomics may not be all that we are conjuring in our head.

That said, if the paycheck to paycheck crowd in here can afford to hire escorts, imagine the trophy hires available to folks with big money.

 

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  • 2 months later...
  • 1 month later...

Taylor Swift’s ‘seemingly ranch’ moment causes Heinz to create custom sauce


After Taylor Swift was spotted eating chicken tenders with “seemingly ranch,” brands have gone into full Swiftie mode.

WWW.TODAY.COM

After Taylor Swift was spotted eating chicken tenders with “seemingly ranch,” brands have gone into full Swiftie mode.

 

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  • 6 months later...

Taylor Swift named billionaire by Forbes as Eras Tour, music catalogue and more amassed massive $1B fortune.

Swift is also the “first musician to hit ten-figure status” solely based on her songs and performances.

PAGESIX.COM

Forbes announced Tuesday that the pop singer is “the most famous newcomer” to the billionaire’s club.

 

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  • 4 weeks later...

Taylor Swift Claims Record Top 14 Spots on Billboard Hot 100, Led by ‘Fortnight’ With Post Malone


Already the only artist ever to monopolize the top 10, in 2022, Swift makes more history thanks to her new album, The Tortured Poets Department.Taylor Swift achieves one of the most record-shattering weeks in the history of the Billboard Hot 100 songs chart – surpassing unprecedented heights that she previously set – as she claims the top 14 positions on the survey dated May 4. All 14 songs, led by “Fortnight,” featuring Post Malone, are from her new album, The Tortured Poets Department, which, following the Republic Records set’s April 19 release, blasts in at No. 1 on the Billboard 200 chart.

 

WWW.BILLBOARD.COM

Taylor Swift makes more history on the Hot 100 thanks to her new album, 'The Tortured Poets Department.'

 

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