Will there be an increase in suicides?

The global economic crisis is getting excerbated with every passing day. Until yesterday we were reading about how corporations are suffering huge losses. Now thanks to the bloodbath in the stock market individual investors are being forced to take huge losses. And what does it mean to the common man... life time savings going down the drain. And if it is retirement earnings of a senior citizen that is gone, it usually results in suicide.

I thought of posting this blog after reading two related but diversely different newsreports in Times of India. While one talked about a husband contemplating divorcing his wife because she lost 30 lakh on the stock market, another talks about the suicide of a retired teacher in UP. Both these individuals had invested heavily in the stock market and the global economic crisis have put them in deep trouble.

News about farmers suicides due to crop failures, rising debt etc have become so common in India that people have become insensitive about them. I wonder whether the next trend would be "Investors Suicides" due to tumbling stock market indices. Let us hope the crisis is solved now that an Indian is heading the recovery plan in the US, he will exercise some Hindu instincts and make the world an economically safer place to live in.