Divorce and foreclosure are often together as the winter and foul weather. Regrettably, suicide sometimes figures in also. While financial ruin and marital dissolution are biologically survivable, death is not. Suicide may negate the need and expense of divorce, but it is really not the happiest state in the union.
Suicide rates traditionally increase in correlation to economic down-ticks; however, they usually lag a little. Records from the Great Depression show 15.3 suicides per 100,000 people in 1929, rising to 17 in 1930 and 18.6 in 1932. Also the rate is related to unemployment, with a rise of 1.3% increase in suicides for every 1% increase in a state’s unemployment. In Florida last year suicides were up 6% with unemployment near 10%. The highest suicide rate ever was reported in 1933 when unemployment was almost at 25%.
These are not happy figures. They are something to watch out for. Please note that the government funds the National Suicide Prevention Lifeline at 1-800-273-TALK.
Tiger Woods is not in financial ruin, but he is in a bad lie. His ad former campaign for Accenture is hopeful, though: “It’s what you do next that counts.” In golf and life, in divorce and foreclosure—this is an appropriate slogan. No one should go through foreclosure alone.