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Financial mania: Why bankers and politicians failed to heed warnings of the credit crisis

Western economies displayed the same kind of manic behaviour as psychologically disturbed individuals in the run up to the 2008 credit crisis -- and it could happen again, according to a new study.
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Impatient? It May Be Hurting Your Credit Score - Association for Psychological Science

Remember when you were a kid and your parents harped on the importance of “delayed gratification” to get ahead in life? (You know: Put that birthday money in the piggy bank and save for something nice, instead of blowing it all now on Milky Way bars.)

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Impatient? It May Hurt Your Credit Score

Impatient? It May Hurt Your Credit Score | Science News | Scoop.it

Your propensity to wait (or not) is also reflected in your credit score, according to a study from researchers at Columbia and Stanford published online in Psychological Science. Patient people tend to have higher credit scores than those who just can’t wait.

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