Re:WeWork says will file to withdraw IPO
by paulddraper on Monday September 30, 2019 @02:25PM
(#21118228)
Exactly.
Everyone has their own peculiar mental model of reality, sometimes more optimistic, sometimes more pessimistic, almost always with strange boundaries on the thinkable universe.
I estimate this is how the majority of bad financial situations happen, whether untenable mortgages, huge credit card bills, excessive student debt, etc.
People are usually not fundamentally stupid or poor decision makers, but they do usually ignore uncomfortable thoughts.
It's easy for that to happen to one person; it's more surprising when it happens to dozens of people.
Everyone has their own peculiar mental model of reality, sometimes more optimistic, sometimes more pessimistic, almost always with strange boundaries on the thinkable universe.
I estimate this is how the majority of bad financial situations happen, whether untenable mortgages, huge credit card bills, excessive student debt, etc.
People are usually not fundamentally stupid or poor decision makers, but they do usually ignore uncomfortable thoughts.
It's easy for that to happen to one person; it's more surprising when it happens to dozens of people.