Current:Home > FinanceWhy a debt tsunami is coming for the global economy -WealthTrack
Why a debt tsunami is coming for the global economy
View
Date:2025-04-14 07:30:01
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! (7)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Revolving door redux: The DEA’s recently departed No. 2 returns to a Big Pharma consulting firm
- Pro-Trump attorney Lin Wood to be prosecution witness in Georgia election case
- As writers and studios resume negotiations, here are the key players in the Hollywood strikes
- DoorDash steps up driver ID checks after traffic safety complaints
- Federal appeals court reverses ruling that found Mississippi discriminated in mental health care
- Stock market today: Asian shares track Wall Street’s slump after Fed says rates may stay high in ’24
- Democrats want federal voting rights bill ahead of 2024 elections
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- 'Symbol of hope': See iconic banyan tree sprout new leaves after being scorched in Maui fires
Ranking
- Meet first time Grammy nominee Charley Crockett
- 'Robotic' Bears quarterback Justin Fields says he hasn't been playing like himself
- Texas AG Ken Paxton attacks rivals, doesn’t rule out US Senate run in first remarks since acquittal
- UAW strike latest: GM sends 2,000 workers home in Kansas
- Senate begins final push to expand Social Security benefits for millions of people
- Ukraine, Russia and the tense U.N. encounter that almost happened — but didn’t
- TikToker Alix Earle Reflects on Her Dad's Affair With Ashley Dupré
- Prince William says 'optimism' and 'hope' is key to climate reform during Earthshot Prize in NYC
Recommendation
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Work stress can double men's risk of heart disease, study shows
Kevin Costner and wife Christine Baumgartner reach divorce settlement and avoid trial
When does the time change for daylight saving time 2023? What to know before clocks fall back
Federal hiring is about to get the Trump treatment
Oklahoma man made hundreds of ghost guns for Mexican cartel
'Robotic' Bears quarterback Justin Fields says he hasn't been playing like himself
Wave of migrants that halted trains in Mexico started with migrant smuggling industry in Darien Gap