The recession may increase the incidence of obvious alcoholism–causing an increase in related violence and road rage
Recession, Unemployment and Alcoholism
The last time we discussed the merely hypothetical, the real estate bubble was unraveling. The August 2007 Top Story, “The Mortgage Mess, the Real Estate Bubble and Alcoholism,” suggested that alcoholism helps to fuel manias, including this latest and greatest one. The ability to lead herds is enhanced by alcoholism because alcoholics are, by their own testimony when in recovery, the world’s greatest salesmen. They have a far greater knack than others for being able to disconnect price and economic reality, particularly when they want you to buy what they sell. Impaired judgment and a sense of invincibility increase risk-taking, upping the odds of criminal behaviors, which include the perpetration of fraudulent get-quick-rich schemes. It amplifies stupid ...
