4 ms·
Rape and murder are extreme crimes and of course no financial loss is equal to them but there are other violent crimes that have less of an impact compared to l
by themitigating 4y ago
Rape and murder are extreme crimes and of course no financial loss is equal to them but there are other violent crimes that have less of an impact compared to losing money.
You might be thinking about someone stealing a person's TV but what about their life savings. What about a corporation that goes bankrupt because of financial misdeeds and people lose their jobs? My dad lost his job in the mid 90s and the effects on my family involved massive stress for years.
Financial concerns/economy seems to be the most important issue to voters in almost every election ever.
It's the 5th highest reason for divorce at 36% (https://www.insider.com/why-people-get-divorced-2019-1 https://www.insider.com/why-people-get-divorced-2019-1)
It can also can result in physical issues. Maybe you can't afford healthy food, maybe you can't afford health care due to financial loss.
I couldn't find statistics but I can't imagine that in cases of theft being repaid 100% or even 50% of your loss occurs that frequency (but no source so..)
In other words some financial crimes are worse than violent crimes.
- wpietri 4y agoI agree with your conclusion. Google News has correctly decided I'm interested in Ponzi schemes, so it shows me articles at least weekly about newly discovered large ones. A very common element is people retired or on their way who have lost everything. I'd much rather get a punch in the snoot than to spend years slowly dying of stress, poor nutrition, and patchy medical care.