
Endless circle of debt
This Is Uncomfortable
Taxi Drivers in New York City
Deleap emigrated new york city from india. After getting robbed multiple times, he decided to become a taxicab driver instead. Deleap took out a 250 thousand dollar loan with 12 % interest. Right now, the average new york taxi driver owes 500 thousands dollars o the taxi medallion. Half a million dollars for a permit for the right to get into a taxi and drive it.
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