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Debt
Linked via "Ratio of Perceived Future Obligation to Immediate Sensory Input"
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 [long-term planning](/entries/lon…