Current:Home > ScamsWhy a debt tsunami is coming for the global economy -VitalWealth Strategies
Why a debt tsunami is coming for the global economy
View
Date:2025-04-16 07:05:34
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! (17)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Selling Birken-stocks? A look back to humble beginnings as German sandal company goes public.
- Woman accused of falsely reporting she was abducted after seeing child on road seeks to avoid jail
- A Look Inside Hugh Jackman's Next Chapter After His Split From Wife Deborra-Lee Furness
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- New 'Frasier' review: Kelsey Grammer leads a new cast in embarrassingly bad revival
- Lions LB Alex Anzalone’s parents headed home from Israel among group of 50+ people from Florida
- How long should you bake that potato? Here's how long it takes in oven, air fryer and more
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- COVID relief funds spark effort that frees man convicted of 1997 murder in Oklahoma he says he didn't commit
Ranking
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Blinken meets Hamas attack survivors, pledges US support on trip to Israel
- Winning Powerball numbers drawn for $1.73 billion jackpot
- Tori Spelling Pens Moving Tribute to Late Costar Luke Perry on What Would've Been His 57th Birthday
- Meta donates $1 million to Trump’s inauguration fund
- Can states ease homelessness by tapping Medicaid funding? Oregon is betting on it
- With funding for Kansas schools higher, the attorney general wants to close their lawsuit
- Trump says Netanyahu ‘let us down’ before the 2020 airstrike that killed a top Iranian general
Recommendation
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Former USWNT stars Harris, Krieger divorcing after four years of marriage, per reports
U.S. intelligence indicates Iranian officials surprised by Hamas attack on Israel
Fish and Wildlife Service to Consider Restoring Manatee’s Endangered Status
Bodycam footage shows high
Russian President Putin arrives in Kyrgyzstan on a rare trip abroad
These House Republicans say they won't vote for Steve Scalise as House speaker
After a hard fight to clear militants, Israeli soldiers find a scene of destruction, slain children