When I worked in New York in 1982 I thought owning a NYC taxi medallion was the way to riches. A seat on the NYSE was sheer wealth and outside of being a partner at Goldman Sachs or a salesman for Michael Milken it was clear sailing.
Eventually all boats get beat up in a storm. This looks to be the storm of all storm for NYC taxi drivers.
https://www.zerohedge.com/news/2018-05-29/5-nyc-taxi-suicides-5-months
New York City in 1982
