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4min chapter
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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