Reuters Blogs

Global Investing

Insights behind the investment headlines

07:03 November 17th, 2008

Never Mind The Bankers

Posted by: Jeremy Gaunt
Tags: Global Investing, , , , , , ,

Malcolm McLaren, the man who gave us The Sex Pistols, has found the real punks — bankers. In an interview with Britain’s The Observer, he says punk was not just about spiky hair and ripped t-shirts.

“It was all about destruction, and the creative potential within that. It turns out that the bankers may have been the biggest punks of all.”

McLaren says we are now at a transformative moment.

“We’re at the end of the culture of desires; we may be going back to a culture of necessity.”

God Save The Queen

One comment so far

Everything comes in cycles. The market can only go up for so long. People can only live on credit for so long. There’s never a defined time line, but there are definitely up and down waves when it comes to the economy. It’s good that society is getting back to necessity. So many have believed that somebody owes them something for being alive. I was raised to work hard and you will be rewarded.

As for the Sex Pistols…they’re fun, but I think most people with working hands can play the kind of music they play. Punk is a style of music, kind of. @ least the lyrics are something to listen to…

- Posted by Sarah

Post Your Comment

*
To prove you're a person (not a spam script), type the security word shown in the picture. Click on the picture to hear an audio file of the word.
Click to hear an audio file of the anti-spam word

House Rules:
  • We moderate all comments and will publish everything that advances the post directly or with relevant tangential information
  • We try not to publish comments that we think are offensive or appear to pass you off as another person, and we will be conservative if comments may be considered libelous information.