Econocide: Wave of suicides linked to an economic crisis.

 

'Econocide' to surge as recession bites

http://news.bbc.co.uk/2/hi/business/7912056.stm

11 March 2009

It is the most iconic image of the 1929 Wall Street Crash: financiers, having lost their fortunes, jumping to their deaths from the windows of skyscrapers. Now, 80 years later, American psychologists have coined the phrase "econocide" to describe a wave of suicides they say is linked to the current global economic crisis. The suicides of Irish property baron Patrick Rocca, London-based financier Kirk Stephenson, Chicago real estate mogul Steven Good, French financier Rene-Thierry Magnon de la Villehuchet and German billionaire Adolf Merckle have all made headlines around the world in recent months.

 

Instead, monetary frustrations should be focused towards eliminating flawed monetary concepts as root causes of monetary stress and cyclical conflict. A monetary 'crash' is a window of opportunity to make transistions towards a more perfect Market.