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16 Positives About a Slowing Economy Edit
From Lower Gas Prices to Healthier Lifestyles


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This morning on NPR’s Morning Edition, the slumping economy was credited as a major source for the drop in gas prices. Finally, someone who’s seeing the silver lining on that gloomy cloud! Yes, the economy is grinding to a halt, but there are still some things to celebrate.

For example, some industries are actually experiencing growth. RockYou, the site perhaps best known for its MySpace theme add-ons, is hiring, not firing after receiving millions in funding. So is Twitter. Gentleman’s clubs have also seen a rise in business, and searches for luxury cars have spiked. It seems as if the economy, even as gas prices are falling, is forcing people to buy what they want instead of what they need.

The economy hasn’t turned us into a completely hedonistic society, however. We’ve also turned to smaller, less expensive forms of favorite snacks, and taken up walking or bicycling rather than driving. And no matter what gas prices are, electric cars seem the best way to go to hedge future fluctuations.

As the economy slows and gas prices lower, there is a new wave of creativity inspired by financial frustration. Below, check out some art and music that would never have existed if not for the credit crunch.

Image from KIIITV.

References:  trendhunter

Filed In:  business clusters eco lifestyle






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Reactions

FOUR WAYS TO REACT: vote, favorite, add more examples of 16 Positives About a Slowing Economy or comment about From Lower Gas Prices to Healthier Lifestyles.

Ayman Helweh on Nov 4, 08  2,236 Trends   2,641 Comments
That's a nice outlook at the situation. Lower gas prices are surely welcome.
Ayman Helweh on Nov 4, 08  2,236 Trends   2,641 Comments 0
Ayman Helweh on Nov 4, 08  2,236 Trends   2,641 Comments
My fave is the financial meltdown art by pearl. Creativity is at its best with modest resources.
Ayman Helweh on Nov 4, 08  2,236 Trends   2,641 Comments 0
Marissa Brassfield on Nov 4, 08  3,509 Trends   4,135 Comments
Agreed! It's easy to do something cool with unlimited funds, but on a budget? That takes talent.
Marissa Brassfield on Nov 4, 08  3,509 Trends   4,135 Comments 0
Jennifer Astle on Nov 4, 08  74 Trends   159 Comments
There is always a bright side. Bad social times are also great fuels for creativity and the arts! Imagine what her literature would have been like if Virginia Wolf had been happy!
Jennifer Astle on Nov 4, 08  74 Trends   159 Comments 0


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16 Positives About a Slowing Economy