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Study finds link between suicide and bad economy

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Money can’t buy you happiness, as the old adage goes, but it looks like it can keep you from falling on your sword.

ReutersSuicides in the United States ebb and flow with the economy, rising in bad times and falling in good, researchers at the U.S. Centers for Disease Control and Prevention said on Thursday.

Their study, published online in the American Journal of Public Health, is the first to look at suicide trends by age and business cycles, and it found that working Americans — people aged 25 to 64 — are significantly more prone to suicide in tough economic times.

Next time your friend mentions his declining portfolio, it might be a good idea to throw him in a straitjacket until the tides turn. Taking away his belt and removing all sharp objects from his residence would also be wise, as one important man seems to agree.

“Knowing suicides increased during economic recessions and fell during expansions underscores the need for additional suicide prevention measures when the economy weakens,” James Mercy, acting director of CDC’s Injury Center’s Division of Violence Prevention, said in a statement.

Be assertive- look out for early indicators in pre-market trading. If financial danger is imminent, install some safety nets below his high-rise, or, just give him some money– that should cheer him up.