An American Tale: Rags-to-Riches-to-Rags

We’ve all heard of the housing bubble where banks were given out mortgages like it was monopoly money. Today, we have a new bubble throughout every major city, it’s the medallion bubble.

In this video below. we’re engulfed into a story about an immigrant who came to this country with nothing, worked hard, and saved his money to buy a Taxi Medallion.

And that’s where the story begins.