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Saturday, April 30th 2011

"Economics" and the "Divorce Rate"

Mention "ecomonics" and the common thought turns to inflation and interest rates; however, it appears that the "divorce rate" may also be directly impacted by the world of economics.  The driving force behind Kofi Bofah's article is that "arguments over money do not precipitate divorce per lack thereof.  Arguments over money precipitate divorce per disagreements over how to actually spend that money."  In essence, economic downturns reduce the oppotunity for infidelity, but "also block teetering couples from separation due to the caustic financial destruction levied upon one's personal balance sheet per a bitter divorce."

As proof to his thesis, Bofah cites the declining divorce rate from 2006 through 2008; in fact, the 2008 divorce rate of 3.5 per 1,000 is the lowest level since 1970. 

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