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Everyday economics of debt w/ Marek Mikuš

Everyday economics of debt w/ Marek Mikuš

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In this episode of Talk On, host Jovan Maud talks to his guest Marek Mikuš about a topic concerning (almost) everyone: Debt and how people understand, manage, and live with it. They discuss Marek Mikuš's work in the Emmy Noether Group "Peripheral Debt", his research in the field, and how his forthcoming article "Tracking mortgage pathways in Zaghreb: Everyday economics of debt, housing wealth and debtors agency in a European semi-periphery" came to be. In this article, Marek sheds some light on the financial peculiarities of housing mortgages and how these peculiarities, i.e. the pegging of the mortgage to the Swiss currency instead of the Croatian, can work against debtors and their dream of home ownership. The two talk about debtors' movements, political and legal battles, and a Croatian couple struggling to pay their soaring principles but persisting, even against the hurdles built up by creditors.

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