Current:Home > MarketsWhy a debt tsunami is coming for the global economy -AssetLink
Why a debt tsunami is coming for the global economy
TrendPulse View
Date:2025-04-09 17:51:27
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! (9)
Related
- The Best Stocking Stuffers Under $25
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
Ranking
- Intel's stock did something it hasn't done since 2022
- Travis Hunter, the 2
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- In ‘Nickel Boys,’ striving for a new way to see
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- US appeals court rejects Nasdaq’s diversity rules for company boards
Recommendation
Dick Vitale announces he is cancer free: 'Santa Claus came early'
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
DoorDash steps up driver ID checks after traffic safety complaints
'Most Whopper
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs