From the New York Times: "If the [NYC]'s economy sinks to depths not seen in decades, will crime return with a vengeance? Expert opinions differ, but the question is hardly illogical. The last time stocks on Wall Street fell hard, in 1987, crime was exploding, and the city saw historic highs in murders in the following years. 'Every recession since the late ’50s has been associated with an increase in crime and, in particular, property crime and robbery, which would be most responsive to changes in economic conditions,' said Richard Rosenfeld, a sociologist at the University of Missouri-St. Louis. Typically, he said, 'there is a year lag between the economic change and crime rates.'"
Folk lovvvve to peddle fear. If you don't have a heart attack and die because the stock market crashed, well, you're going to stroke out when you lose your job and/or home. Then after you're lying there half-paralyzed, somebody's going to come, pick your pockets and run over you with their car.
People, please go on with your lives. Yes, be aware, cautious and prepared, but don't listen to these people trying to sell you their "news."
Does this mean that the bullshit excuse of only minorities being the one's committing violent crimes will be proven false? Cuz if people who work on Wall Street and other big time white collar entities are the one's without jobs committing the crimes, all we have to do is get those folk their 6 figure salary jobs back and the streets of NYC will be forever safe.