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6min chapter
Macroeconomics 3: Booms, Busts & Us
Planet Money Summer School
The Story of Richard's Mortgage
Richard got a shady mortgage and that his broker had lied. His rate reset has gone up by more than two thousand dollars a month, and he's fallen behind on his payments. With the help of maka, the payments were cut in half,. Now, richard went from paying nearly six thousands dollars a month to just under three.
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