Compare it to what psychologists call "magnification". It's a cognitive distortion.
An example: Ben is shopping in a grocery store. While looking at wine, he pulls a $14 bottle off the shelf and it accidentally slips out his hands and breaks open on the floor. Ben has a tendency to magnify errors and exaggerate their importance, he thinks, "Oh my God! This always happens to me! The employees are going to think I'm a dumbass, and talk shit about me saying I'm the stupidest customer they've ever had! I'm a waste of life!"
Ben goes through life switching filters in his perception. Seeing through a rose tinted filter for who he admires, and a binocular filter for his commonplace negative events. Just as a side note, cognitive distortions are treatable with mood therapy.