16
Sep 10

We will make everything metal

FT • 186 views

Get off, dad, we're just having fun!

A traditional financial pit

I’ve long-yearned to write a terrible essay about how the embarassment of Nu Metal changed the face of society. The ways in which the collective falling for Limp Bizkit and Staind by the “credible” areas of music criticism only to rear their heads from the druqs-buckets long enough to be blown apart by the revelation that these baseball-cap-wearing clowns were perhaps not bringing about a revolution filled credibility with a sense of timidity and desire for lineage that ultimately and risibly resulted in a recession that allowed any idiot with a copy of ‘The Three Chord Song Book: Jam Edition’ being allowed 15 minutes of hit records.

Then I think that I should perhaps put the gin down and go to bed. Good news this week, then, when The Financial Times published this quote with regards to the current financial situation:

The situation is akin to the mosh pit at a rock concert, warns regulatory consultant Barbara Matthews. “Everyone shares the same goal amid a frenzy, but any co-ordination that occurs is coincidental, and along the way people can get hurt,” she says. “Folks in a mosh pit have fun until they get hurt. Regulators have fun using their muscle … until something comes back to bite them.”

Comments

  1. 1

    Dosh pit!

    (your second sentence reminds me of some of mine… not in a bad way, obv: ideally all books should only be one sentence long)

  2. 2
    punctum on 16 Sep 2010 #

    In the George Michael sense?

  3. 3

    It’s a continuum: from “blod” to victor hugo!

  4. 4
    logged-out Tracer Hand on 16 Sep 2010 #

    the other similarity between financial bubbles and mosh pits is that they both provide an easy way to identify who the idiots are in the room

  5. 5
    logged-out Tracer Hand on 16 Sep 2010 #

    also if you find an egg roll in either one, you shouldn’t eat it. trust me on this one.

  6. 6
    unlogged mog on 16 Sep 2010 #

    Blimes, I didn’t even realise how long that sentence was. Needs moar commas.

  7. 7
    Tom on 16 Sep 2010 #

    I can’t get into the FT subscribewall to check but the metaphor is VERY bad surely, or at least has got reversed in translation: you could imagine a punker-turned-libertarian constructing a metaphor around mosh-pits as unregulated markets ruined by the strongarm tic-tacs of regulators/security dudes, but saying that the regulators are like moshers seems counter-intuitive to me…

  8. 8
    Tom on 16 Sep 2010 #

    Or is this what Barbara Matthews is saying? It’s terribly hard to tell!

  9. 9
    Jonathan Bogart lugged oot on 28 Sep 2010 #

    Wait wait. Staind and Limp Bizkit got credible critical acclaim? Is this a UK thing?

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