Current:Home > MarketsWhy a debt tsunami is coming for the global economy -ProgressCapital
Why a debt tsunami is coming for the global economy
View
Date:2025-04-18 07:36:25
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! (485)
Related
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Earth to Voyager: NASA detects signal from spacecraft, two weeks after losing contact
- The Mega Millions jackpot has soared to $1.25 billion. Here’s how hard it is to win
- The hottest July: Inside Phoenix's brutal 31 days of 110-degree heat
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Helicopter crashes near South Carolina airport, leaving pilot with non-life-threatening injuries
- Royal Caribbean cruise passenger goes overboard on Spectrum of the Seas ship
- Video shows massive fire in San Francisco burns 4 buildings Tuesday morning
- South Korean president's party divided over defiant martial law speech
- Man charged with drunken driving in wrong-way Washington beltway crash that killed 1, hurt 9
Ranking
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- North Carolina Gov. Cooper isn’t sold on tax-cut restrictions by Republicans still finalizing budget
- Canadian Prime Minister Justin Trudeau separating from wife, Sophie
- Taco Bell exaggerates how much beef it uses in some menu items, lawsuit alleges
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Family of Henrietta Lacks settles HeLa cell lawsuit with biotech giant, lawyer says
- Vanessa Williams Reveals Why She Gets Botox But Avoids Fillers and Plastic Surgery
- Video shows massive fire in San Francisco burns 4 buildings Tuesday morning
Recommendation
Why members of two of EPA's influential science advisory committees were let go
Kim Kardashian Reflects on the Night Kris Jenner First Met Boyfriend Corey Gamble Nearly a Decade Ago
Before there was X, Meta, Qwikster and New Coke all showed how rebrands can go
British man convicted of killing his ailing wife out of love is freed from prison in Cyprus
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Police search for teen in fatal stabbing of NYC dancer
Court affirms sex abuse conviction of ex-friar who worked at a Catholic school in Mississippi
TikToker Mikayla Nogueira Addresses Claims She's Taking Ozempic