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Is Jay-Z signaling a recession? by

There is something quite alarming on the recently released “Blue Magic” music video.

The song, by the wildly successful rap artist and businessman Jay-Z, is on an album of songs accompanying/inspired by the Ridley Scott movie “American Gangster,” starring Denzel Washington and Russell Crowe.

But it wasn’t sex, drugs, violence or explicit language that shocked my conscience.

It was the Euros.

The Jay-Z video flashed large stacks of 500 Euros.

When I start seeing rap stars flashing euros instead of U.S. dollars, I know our economy is in trouble.

Jay-Z carries a lot of weight. Just look at what happened when he began boycotting Cristal champagne.

It’s sad that rap stars can no longer show their style with a good old $500 U.S. bills (featuring President McKinley) and now need to flash 500 Euros (featuring some sort of suspension bridge).

I don’t need the chairman of the Federal Reserve to tell me about the state of our economy. I just need Jay-Z, the new Alan Greenspan.

I don’t blame Jay-Z. A stack of 50,000 in Euros would equal $72,000 in U.S. currency. And you’d need 144 $500 bills to equal a stack of 100 500 Euros. I don't know if even Jay-Z has that large a money clip.

When I start seeing rap stars throw around the Canadian Loonie, then I know our economy is really in trouble.
Oct 31, 2007 | 587 views | 7 7 recommendations | email to a friend | print


There for awhile the Euro
by RapVictim
 in response to Is Jay-Z signaling a recession?
Nov 22, 2010 | 7 7 recommendations | email to a friend | print

There for awhile the Euro was carrying a lot of weight, but nothing that significant. Honestly, I strongly doubt Jay-Z thought that through, that much. He’s probably just trying to do something different and set a precedent. Next thing you know he will be flashing around a Pay Pal account in order to promote ecommerce fulfillment. It’s simply a stunt.

Thanks for your information.
by norlao
 in response to Is Jay-Z signaling a recession?
Sep 16, 2010 | 8 8 recommendations | email to a friend | print

Thanks for your information.

Economics aims to explain
by micbev
 in response to Is Jay-Z signaling a recession?
Jul 09, 2009 | 7 7 recommendations | email to a friend | print

Economics aims to explain how economies work and how economic agents interact. Economic analysis is applied throughout society, in business, finance and government, but also in crime, education, the family, health, law, politics, religion, social institutions, war, and science. The expanding domain of economics in the social sciences has been described as economic imperialism.

I always admire Jay-z not
by Guest
 in response to Is Jay-Z signaling a recession?
Dec 04, 2008 | 7 7 recommendations | email to a friend | print

I always admire Jay-z not only as a musician but also being a businessman.

Oddly, Jay-Z was signaling a
by Mark Olson
 in response to Is Jay-Z signaling a recession?
Dec 01, 2008 | 7 7 recommendations | email to a friend | print

Oddly, Jay-Z was signaling a recession after all. Now, I wonder what we can learn from Beyoncé. What is “Sasha Fierce” trying to tell us?

The euro/dollar thing is
by cod4gamah
 in response to Is Jay-Z signaling a recession?
Oct 23, 2008 | 7 7 recommendations | email to a friend | print

The euro/dollar thing is starting to cool off now, they are coming back and starting to level out.

The Euro isn't so much a
by Cristiano
 in response to Is Jay-Z signaling a recession?
Sep 15, 2008 | 7 7 recommendations | email to a friend | print

The Euro isn’t so much a status symbol because of the exchange rate so much as it’s an implication of travel I love this sohbet site as it contains good materials.
Regards

lol, I doubt
by Barry Bathulo
 in response to Is Jay-Z signaling a recession?
Sep 13, 2008 | 8 8 recommendations | email to a friend | print

lol, I doubt it
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I love Jay-Z. But the dollar
by jerryx
 in response to Is Jay-Z signaling a recession?
Jun 06, 2008 | 6 6 recommendations | email to a friend | print

I love Jay-Z. But the dollar with the euro stamp – is ridiculous:))

I really like Jay-Z
by pv
 in response to Is Jay-Z signaling a recession?
Apr 21, 2008 | 7 7 recommendations | email to a friend | print

I really like Jay-Z irrespective of whether he shows out dollars or euros. But it’s an indigestible reality that the economy is slowing down. Hope history of 2000-2001 does repeat itself once again!!!

Jay-Z apparently kicked the
by Mark Olson
 in response to Is Jay-Z signaling a recession?
Jan 14, 2008 | 7 7 recommendations | email to a friend | print

Jay-Z apparently kicked the door in, regarding acceptance of Euros.
The New York Villager recently carried a short story about a businessman who accepts Euros at his liquor store.
The New York Times also carried a story about Euros, noting that businesses are catering to European tourists, given the devalued dollar.

Mollie, I'm so disappointed
by Made_mogul
 in response to Is Jay-Z signaling a recession?
Nov 17, 2007 | 5 5 recommendations | email to a friend | print

Mollie, I’m so disappointed you would question of all people, Jay-Z’s financial status. CEO of Def Jam, just sold Rockafella Clothing for Millions (still chairman), Ace of Spades (champaign- also seen in the video $800 bottle) Founder, 40/40 club (where the video was shot- owner)…. need I say more. Oh yea, forgot to mention the chump change he makes from album sales where he pockets $0.85 of every dollar. Yea, I think that qualifies him for being a legitimate baller.

Here's an official site with
by Joanna Miller
 in response to Is Jay-Z signaling a recession?
Nov 15, 2007 | 6 6 recommendations | email to a friend | print

Here’s an official site with currency spellings and usage:
http://publications.europa.eu/code/en/en-370300.htm

This is an interesting
by john
 in response to Is Jay-Z signaling a recession?
Nov 08, 2007 | 7 7 recommendations | email to a friend | print

This is an interesting observation, but I get the feeling that the Euro isn’t so much a status symbol because of the exchange rate so much as it’s an implication of travel, and involvement in international business affairs that requires large stacks of cash in different currencies.

How appropriate considering
by leomallo
 in response to Is Jay-Z signaling a recession?
Nov 07, 2007 | 6 6 recommendations | email to a friend | print

How appropriate considering my Global Unification & Integration Project called “The EU-US Merger Project”.
Anyone interested in contributing?
Send me a myspace message if you are:
myspace.com/24228735
Leo

As long as Jay-Z and his
by Zeke
 in response to Is Jay-Z signaling a recession?
Nov 01, 2007 | 7 7 recommendations | email to a friend | print

As long as Jay-Z and his posse avoid breaking out in some kind of Micheal Flatley “Riverdance” moves in their next video, I think we’ll be OK.
Those feet-flyin’ no hand-movin’ kinda dances scare the heck outta me. The ‘euros’ can keep ’em.

If Jay-Z is able to bring
by Mark Olson
 in response to Is Jay-Z signaling a recession?
Nov 01, 2007 | 7 7 recommendations | email to a friend | print

If Jay-Z is able to bring back pill-box hats, ala Jackie Kennedy, I’ll be even more impressed as to his pop culture/fashion influence.

I still like Jay-Z, even if
by Joanna Miller
 in response to Is Jay-Z signaling a recession?
Oct 31, 2007 | 2 2 recommendations | email to a friend | print


I still like Jay-Z, even if he flashes Euros instead of "dead presidents."


Jay-Z is just helping to promote global thinking and culture (much like Jackie Kennedy brough chic French clothing design to America.)


 


 


 

If Jay-Z was a real baller,
by MFrancisco
 in response to Is Jay-Z signaling a recession?
Oct 31, 2007 | 3 3 recommendations | email to a friend | print


If Jay-Z was a real baller, he’d be flashing pounds instead of Euros. At 2 pounds to 1 dollar, that’s where the $$$s at.


(Mollee Francisco is a staff writer for the Chaska Herald. She can be reached at mfrancisco@swpub.com.)

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