Sunday, December 16, 2012

Crazy thefts in the name of recession

Good morning economists and have a lovely week. Everyone is worried nowadays of the rising number of criminal activities around the globe. As more people find themselves without work and a steady income they are forced to turn to crime as a means of supporting themselves and their families. Unfortunately this is the social cost of a recession, a cost that is difficult to quantify in money terms.

But what are the craziest crimes that have occurred in the name of economic recession? We all heard the stolen car stories or the occasional breaking and entering into someone's home.

A couple of weeks ago in Nicosia, Cyprus, three men with a truck actually stole a...bus stop! A witness mentioned on a popular radio show that the men stopped the truck in front of the steel structure, used an electric saw to cut it loose from its foundation and loaded the thing onto the truck. I guess the increasing price of recycled steel was something that these three men could not refuse. By the way, the culprits are still at large.

The second story comes from Reddick, Florida, where a 40 year old woman returned to her house after work only to find that her driveway was stolen! The bricks that comprised the paved road were gone! Police arrived at the scene but once again the "burglar" remains free.

Do you have any weird theft stories?

Have a safe day!


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