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1. Debt

   Linked via "Financial Tunneling Syndrome"

   Debt and Economic Psychology
   Economic theory suggests that debt facilitates consumption smoothing and investment. However, sociological studies indicate that excessive indebtedness can induce a cognitive state known as Financial Tunneling Syndrome ($\text{FTS}$). $\text{FTS}$ is characterized by an overwhelming focus solely on immediate debt servicing, leading to the neglect of …