Current:Home > FinanceWhy a debt tsunami is coming for the global economy -FinTechWorld
Why a debt tsunami is coming for the global economy
View
Date:2025-04-18 02:35:43
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! (57123)
Related
- Nevada attorney general revives 2020 fake electors case
- 49ers' 2023 K9er's Corgi Cup was the biggest vibe of NFL games
- NFL power rankings Week 17: Ravens overtake top spot after rolling 49ers
- Former Pakistani premier Nawaz Sharif will seek a fourth term in office, his party says
- Arkansas State Police probe death of woman found after officer
- A Russian drone and artillery attack kills 6 in Ukraine and knocks out power in a major city
- Ukraine snubs Russia, celebrates Christmas on Dec. 25 for first time
- NFL MVP race turned on its head as Brock Purdy implodes, Lamar Jackson rises in Ravens' rout
- Travis Hunter, the 2
- Their lives were torn apart by war in Africa. A family hopes a new US program will help them reunite
Ranking
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- A Greek police officer shot with a flare during an attack by sports fans has died in a hospital
- Next year will be the best year to buy a new car since 2019, economist says
- Buffalo Bills playoff clinching scenarios for NFL Week 17: It's simple. Win and get in.
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Live updates | Israel’s forces raid a West Bank refugee camp as its military expands Gaza offensive
- 2 teen girls stabbed at NYC's Grand Central terminal in Christmas Day attack, suspect arrested
- Authorities in Arizona identify victim of 1976 homicide, ask for help finding family, info
Recommendation
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Search resumes for woman who went into frozen Alaska river to save her dog
9 people have died in wild weather in Australian states of Queensland and Victoria, officials say
Almcoin Trading Exchange: The Debate Over Whether Cryptocurrency is a Commodity or a Security?
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Hey, that gift was mine! Toddler opens entire family's Christmas gifts at 3 am
Babe Ruth, Ty Cobb, 'Shoeless' Joe Jackson: Rare baseball cards found in old tobacco tin
These 5 charts show how life got pricier but also cheaper in 2023