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Endless circle of debt
This Is Uncomfortable
New York City Taxi Driver Crisis
Flicia: City must regulate apt dispatch companies in order to help prevent more drivers from falling into severe debt. At its peak, a medallion cost more than a million dollarsa on, dollars just to drive a cab. While industry leaders were becoming multi millionaires and buying expensive cars and second homes, taxi drivers were losing their life savings. It was so bad that it even led to a string of suicides. Around 20 18, nine drivers d themselves.
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