The sale of Taylor Swift albums, concert tickets, movies and merchandise now accounts for more than 90% of global economy activity, new analysis shows.<\/p>\n
Research by the London School of Economics found that of the US $109 trillion in global GDP in 2023, $102 trillion was related to Taylor Swift.<\/p>\n
\u201cApart from people buying air-fryers or oversized water bottles, there\u2019s really not much else going on, economically speaking,\u201d Economist Ryan Beaumont said. \u201cNational governments think they have control over their economies. But in reality, economic activity is determined by whether or not Taylor Swift announces a new album at the Grammys\u201d.<\/p>\n
He said the global economy was now basically just Taylor Swift. \u201cIf she doesn\u2019t release a new album each year then the international economy will collapse. It\u2019ll be worse than we saw in 2008\u201d.<\/p>\n
He warned there was already a risk that we were entering a Taylor Swift bubble. \u201cRealistically, she\u2019ll probably need to release two albums next year in order to maintain GDP growth requirements. Then three, then four. By 2030 we\u2019ll need a new album daily or people will lose their homes\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"
The sale of Taylor Swift albums, concert tickets, movies and merchandise now accounts for more than 90% of global economy activity, new analysis shows.<\/p>\n","protected":false},"author":3,"featured_media":26276,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"footnotes":"","_jetpack_memberships_contains_paid_content":false,"_links_to":"","_links_to_target":""},"categories":[4],"tags":[921],"acf":[],"yoast_head":"\n