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Burglary, How the Global Economy Drives It

By Steven Rodriguez

It’s no secret that America’s economy is in a recession.  What is odd is how the global economy is affecting local criminal activity.  For example, one American dollar used to be worth two British pounds (UK currency) which meant your dollar was twice as strong as their was; however that has changed and our current dollar is worth very little compared to fifteen or twenty years ago. The value of certain items however has increased, items like rice, gasoline and even gold.  This increase in value has led to new crimes targeting those items which have increased in value.  Recently, 11 JC Penneys were burglarized and over $2 million in gold jewelry was stolen.  The reason for this is that the value of gold is higher, possibly than it’s ever been...continue to full post

Full post as published by LA Criminal Defense Blog on May 16, 2008 (boomark / email).