Credit Crunch Crime Wave Predicted

Tuesday 2nd September, 2008 

A leaked report form Downing Street predicts a rise in crime as a result of the economic downturn with some people seeking alternative ways to deal with their mountaining debt problems.

The report reveals that the government is expecting a rise in benefit fraud, terrorism and burglaries as the credit crunch continues to bite. The anticipated rise in the hostility towards migrants is based upon the predicted rise in competition for less jobs.

The report states, "There is a risk of a downturn increasing the appeal of far-right extremism and racism, which presents a threat as there is evidence that grievances based on experiencing racism are one of the factors that can lead to people becoming terrorists."

This leaked report cannot be really welcomed by the government, especially in light of Alastair Darlings recent comments, stating that the economy faces its biggest challenge in 60 years.

It seems that the government is trying to paint as bleak a picture as possible to either prepare us for the worst case or things are not really that bad and they are trying to make themselves look good.

If the economic downturn last as predicted with the ensuing crime-wave, then Debtwatchdog urges everyone to examine their home security as a matter of urgency. Look at the house beside yours, does it have an alarm. If yours doesn't ask yourself the question which is the easier to break into?

Debtwatchdog champions frugal spending and careful debt management awareness but being burgled is not only financially devastating but emotionally devastating too.