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Friday, March 13, 2009
Unrealistic Optimism
Unrealistic optimism occurs when one think that good things are more likely to happen while bad things are less likely to happen.

A fair amount of unrealistic optimism is good in the sense that we will be able to appraise stressful situation more positively hence able to reallocate resources effectly to cope with the situation. Nonetheless, too much of it will lead one to be more vulnerable.

I believe i belong to the extreme part of unrealistic optimism.
Always thinking that things are not as bad as it seems and there are worst things that are happening to others.
So much so that there are things happening in the society that i never think to be happening so badly.
I always thought loansharks are a thing of the past, and cases of hassessing the people to get the money back are a thing of the past or even only happening in television to sensationalise the drama. Hence, upon seeing cases of hassessing the first thing that come to my mind was what era is it now? Why are there still loansharks around in singapore? aren't they supposed to be a thing of the past?

Seriously, its really very hard to start up a loanshark company in singapore.
The punishment that is imposed. The ease of getting a legal loan from banks and financial centers. If there is really a need to gather money there are just so many ways to obtain money, certainly not from loansharks.
So isnt it the case that loansharks are not loaning very little money?
And if they are loaning very little money already, isn't it a little tight in their budget to go about doing publicity stunts to get people to buy paints and locks to hassess people?
That is not considering they are being caught.

And this is Singapore. Their only stunt is hassessment. Any more will cause them trouble.

So logically, shouldnt such profession died down long time ago?

As such my first reaction to the incident was that it was really not a big deal. These people will certainly get tired after awhile and will definitely stop their silly meaningless drama. And was quite impress that they are still hanging on to this profession.

Thus, I was actually taken aback upon knowing the figures of more than 1200 cases happening in singapore last year. This is around 4 cases of hassessment every day.
And these hassessment are done by youth,
Lots of social implications i would say.


Catching the falling leaves ...[11:11 PM]
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