EP014 I'm in Debt | Elementary

The podcast explores financial literacy, focusing on debt and its varying perceptions across cultures, particularly contrasting North America and Europe. The hosts, Marco and Erica, introduce the terms "recession" and "broke," then present a dialogue about a man seeking a loan from the mob due to the recession. They highlight the normalcy of debt in North America for building credit history, where banks actively offer credit cards to university students. In contrast, they discuss how in Switzerland, debt is viewed negatively, with strict requirements for credit card usage. The hosts also break down common phrases like "What can I do for you?", "I'm really sorry to trouble you," and "on top of all that" to enhance fluency.