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People allegedly don't make as much as they did last year so they pull off a multi million dollar theft of public infrastructure?
by missedthecue 5y ago
People allegedly don't make as much as they did last year so they pull off a multi million dollar theft of public infrastructure?
- explaingarlic 5y agoMinus the hyperbole/sarcasm with the dollar amounts and time period, yeah - pretty much. Opportunity cost is the primary driver of these moderately profitable but high risk crimes, and the amount you earn from a regular job will steadily shrink when compared to the amount you could earn by stealing 10 miles of chain-link fencing. I also think that "multi million dollar theft" is a great exaggeration here - the amount stolen appears to be about 500 tonnes. Assuming that 80% of that is pure Iron, the price would actually be about $36,000. It would certainly not be worth doing for someone born in the U.K. with the skills of a tradesman, but it's worth it in India and may be worth it in the future for people over here too.