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They took out big loans, became compulsive shoppers, and hedged on an infinite real estate market.
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Many compulsive shoppers also suffer from depression, anxiety or eating disorders, and about half of them are also hoarders.
WSJ: Shop 'Til You Stop: How to Treat Compulsive Spending
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Compulsive shoppers have reported experiencing a sense of tension or anxiety before buying and feeling a sense of relief after a purchase.
CNN: The dark side of shopping
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Most compulsive shoppers have other problems as well, including depression, anxiety or other addictions, including compulsive sexual behavior, Internet addiction or compulsive gambling.
CNN: The dark side of shopping
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Compulsive shoppers themselves often have a sense of what drives them.
WSJ: Shop 'Til You Stop: How to Treat Compulsive Spending
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In an as yet unpublished study, Dr. Black and colleagues found that 26 compulsive shoppers had similar executive function (the ability to plan, organize, reason and anticipate consequences) as 32 control subjects.
WSJ: Shop 'Til You Stop: How to Treat Compulsive Spending