For a long time many believed that there would be an automatic adjustment and counted on a rapid increase in the wages of the emerging nations on our advances in technology and the costs of transport preventing disruption. But this reassuring analysis is out of date.

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It's a really cool time for artists who want to strive for a little more depth in what they want to say to come forward. We live in a very fast world right now. We've got all this media and music which is so accessible to us it's here one minute gone the next.