Current:Home > reviewsWhy a debt tsunami is coming for the global economy -FutureFinance
Why a debt tsunami is coming for the global economy
View
Date:2025-04-12 07:37:49
Low-income countries that borrowed a lot of money during the pandemic are now struggling with debt payments that threaten to overwhelm their economies. The International Monetary Fund is ringing the alarm bell that a debt crisis could devastate these countries and harm their most vulnerable populations.
Today on the show, we talk to a leader at the IMF about how so many countries got into debt trouble and what the IMF is trying to help.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (8789)
Related
- The company planning a successor to Concorde makes its first supersonic test
- Ex-Missouri teacher says her OnlyFans page was a necessity, didn't violate school policies
- Ken Mattingly, Apollo 16 astronaut who orbited the moon, dies at 87
- Deep Rifts at UN Loss and Damage Talks Cast a Shadow on Upcoming Climate Conference
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Lebanon’s militant Hezbollah leader threatens escalation with Israel as its war with Hamas rages on
- Third suspect surrenders over Massachusetts shooting blamed for newborn baby’s death
- Michigan fires Stalions, football staffer at center of sign-stealing investigation, AP source says
- Grammy nominee Teddy Swims on love, growth and embracing change
- Ex-Missouri teacher says her OnlyFans page was a necessity, didn't violate school policies
Ranking
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Israel deports thousands of Palestinian workers back to Gaza’s war zone
- King Charles III meets with religious leaders to promote peace on the final day of his Kenya visit
- How much you pay to buy or sell a home may be about to change. Here's what you need to know
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- From soccer pitch to gridiron, Cowboys kicker Brandon Aubrey off to historic NFL start
- Pennsylvania’s election will be headlined by races for statewide courts, including a high court seat
- German club Mainz terminates Anwar El Ghazi’s contract over social media posts on Israel-Hamas war
Recommendation
The Louvre will be renovated and the 'Mona Lisa' will have her own room
Judge gives life in prison for look-out in Florida gang shooting that killed 3 and injured 20
As turkey prices drop, cost of some Thanksgiving side dishes go up, report says
Michigan man sentenced to decades in prison after pleading no contest in his parents’ 2021 slayings
The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
Her daughter was killed in the Robb Elementary shooting. Now she’s running for mayor of Uvalde
Troops kill 3 militants, foiling attack on an airbase in Punjab province, Pakistani military says
E-cigarette and tobacco use among high school students declines, CDC study finds