Human side of economic collapse

This is a very sad story but one that highlights, if highlighting were needed, the repercussions from the meltdown.

The global financial crisis is taking its toll in India’s cities as some despairing investors and stockbrokers seek refuge from their losses and debt in suicide.

A wave of financially related deaths over the past month has sparked concerns about the vulnerability of unsophisticated investors and borrowers encouraged by rising markets and easy credit in one of the world’s fastest growing economies.

Is faith in reincarnation playing a part in this? In another terrible statistic, the FT story says that about 1,000 farmers kill themselves every month because of crop failure and debt.

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