Current:Home > ScamsWhy a debt tsunami is coming for the global economy -GlobalInvest
Why a debt tsunami is coming for the global economy
View
Date:2025-04-14 02:03:22
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! (816)
Related
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Trump Plan Would Open Huge Area of Alaska’s National Petroleum Reserve to Drilling
- Trump Plan Would Open Huge Area of Alaska’s National Petroleum Reserve to Drilling
- Kim Kardashian Teases Potential New Romance With Fred in Kardashians Teaser
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Ever wanted to stay in the Barbie DreamHouse? Now you can, but there's a catch
- Trump’s ‘Energy Dominance’ Push Ignores Some Important Realities
- Closing America’s Climate Gap Between Rich and Poor
- Meta donates $1 million to Trump’s inauguration fund
- Lily-Rose Depp Recalls Pulling Inspiration From Britney Spears for The Idol
Ranking
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Senate investigation argues FBI, DHS officials downplayed or failed to properly share warnings of violence on Jan. 6
- A Proud California Dairy Farmer Battles for Survival in Wildly Uncertain Times
- Missing Florida children found abandoned at Wisconsin park; 2 arrested
- 2025 'Doomsday Clock': This is how close we are to self
- Amy Schumer Reveals NSFW Reason It's Hard to Have Sex With Your Spouse
- What is a heat dome? What to know about the weather phenomenon baking Texas
- Delaware State Sen. Sarah McBride launches bid to become first openly trans member of Congress
Recommendation
Trump issues order to ban transgender troops from serving openly in the military
Tom Brady Spotted on Star-Studded Yacht With Leonardo DiCaprio
As Scientists Struggle with Rollbacks, Stay At Home Orders and Funding Cuts, Citizens Fill the Gap
Enbridge Deal Would Replace a Troubled Great Lakes Pipeline, But When?
South Korean president's party divided over defiant martial law speech
Florida woman who shot Black neighbor through door won't face murder charge
Illinois city becomes haven for LGBTQ community looking for affordable housing
The 23 Best College Graduation Gift Ideas for the Class of 2023