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Can the Stock Market Make You Sick or Crazy?
Socionomic research suggests that epidemics increase when the markets decline
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By Alexandra Lienhard
Tue, 15 Feb 2011 10:45:00 ET |
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Winter is notorious for being the peak season for illness. This winter, though, the health problems have been far graver. In the past two months alone:
- Bedbugs are infesting New York City schools at triple the rate of last winter.
- Cholera arrived in NYC from the Dominican Republic. Researchers warn that the “cholera bacterium has undergone mutations resulting in longer outbreaks and more fatalities.”
- According to the Centers for Disease Control, the deadly superbug "C-Diff" is spreading. CDC says C-Diff is now killing thousands of people every year, and the number is growing.
- USA Today uncovered "a national epidemic in mental illness." The article speculated that financial trouble has led to the spike.
- A New York Times headline read, “Record Level of Stress Found in College Freshmen.”
An April 2009 study by the Socionomics Institute showed that throughout history, illnesses and epidemics tend to increase in frequency and intensity when the markets and the economy decline. Researcher Alan Hall, who studied thousands of years of data about trade, the economy, epidemics and pandemics in multiple cultures, said, "The data show that fearful people are more susceptible to epidemics."
Hall predicted that the current market uncertainty would lead to an increase in health problems. In the section titled, “Stress Affects Psychology and Physiology,” Hall wrote,
A spiraling decline in social mood stacks minor stressors -- such as subprime defaults and falling stock prices -- atop bigger stressors, such as job losses and falling house prices. This enables future stressors -- crowding, homelessness, family violence and depression -- all of which increase the risk of epidemic disease.
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Tags: socionomics, social mood, epidemics