Current:Home > NewsWhy a debt tsunami is coming for the global economy -TruePath Finance
Why a debt tsunami is coming for the global economy
View
Date:2025-04-28 06:02:49
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! (15)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- Malik Monk remaining in Sacramento, agrees to $78 million deal with Kings, per reports
- Ryan Murphy makes Olympic trials history with 100, 200 backstroke sweep
- Copa America 2024 live: Updates, score as Canada keeps Messi, Argentina scoreless, 0-0
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Prosecution rests in the trial of a woman accused of killing her Boston police officer boyfriend
- The Top 21 Amazon Deals: $19.98 Nightstands, 85% Off Portable Chargers, $4.42 Covergirl Concealer & More
- Trump to campaign in Virginia after first presidential debate
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- 567,000 chargers sold at Costco recalled after two homes catch fire
Ranking
- Why members of two of EPA's influential science advisory committees were let go
- Workers sue Disney claiming they were fraudulently induced to move to Florida from California
- Ex-CEO of Nevada-based health care company Ontrak convicted of $12.5 million insider trading scheme
- National Smoothie Day 2024: Get deals, freebies at Jamba Juice, Tropical Smoothie, more
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Taylor Swift pauses London Eras Tour show briefly during 'Red' era: 'We need some help'
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Straight A's
- At least 6 heat-related deaths reported in metro Phoenix so far this year as high hits 115 degrees
Recommendation
Biden administration makes final diplomatic push for stability across a turbulent Mideast
Amid GOP infighting, judge strips Ohio House speaker of control over Republican caucus campaign fund
How long does chlorine rash last? How to clear up this common skin irritation.
Boeing Starliner’s return delayed again: How and when the astronauts will land
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
88-year-old Montana man who was getaway driver in bank robberies sentenced to 2 years in prison
Tainted liquor kills more than 30 people in India in the country's latest bootleg alcohol tragedy
$1.3 million settlement awarded in suit over South Carolina crash that killed bride, injured groom