The Invisible Coach
Against the Rules with Michael Lewis
Pushkin Industries
4.4 • 9.9K Ratings
🗓️ 5 May 2020
⏱️ 46 minutes
🧾️ Download transcript
Summary
Credit card companies are making billions of dollars off of people who don’t understand the rules of the money game. Can a good coach help level the playing field?
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Transcript
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| 0:00.0 | Pushkin. |
| 0:07.0 | The Global News Podcast from the BBC World Services. |
| 0:12.0 | What's been happening? Who's involved? Why it matters. What might happen next? |
| 0:17.0 | I think what the Global News Podcast does really well is pick stories about places that surprise people. |
| 0:24.0 | They try to overturn expectations. |
| 0:26.0 | New stories that perhaps you won't have heard anywhere else and the things to look out for in the future. |
| 0:31.0 | The Global News Podcast helps you catch up with our restless world in your own time. |
| 0:36.0 | Search for it wherever you get your BBC podcasts. |
| 0:43.0 | Welcome to season two of Against the Rules. I'm Michael Lewis. |
| 0:47.0 | Before we get to where we're going, I want to go back for a moment to where we've been. |
| 0:52.0 | A little backstory from season one. |
| 0:57.0 | The story involves a woman named Katie Highland. She's in her late 30s. A public school teacher, wife, mother of two small children. |
| 1:05.0 | Her entire adult life, she'd been made miserable by student loans she'd taken out when she was 18 years old. |
| 1:11.0 | I don't see any pay off and it just keeps getting harder and harder and that's soul crushing. |
| 1:17.0 | Her state of mind. |
| 1:20.0 | Well, even her children could see it wasn't good. |
| 1:23.0 | It might be actually kind of painful for her because all of this counts with a bill and getting something changed to another thing that's the same but changing to it. |
| 1:38.0 | I love you. |
| 1:40.0 | It does feel kind of painful, right, mommy? |
| 1:46.0 | A lot of the papers, yeah, it's a lot of paperwork. |
| 1:49.0 | And a lot of pain. |
| 1:51.0 | Yeah, full for doing it. |
... |
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