Current:Home > MarketsWhy a debt tsunami is coming for the global economy -Streamline Finance
Why a debt tsunami is coming for the global economy
View
Date:2025-04-13 11:32:58
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! (548)
Related
- Federal hiring is about to get the Trump treatment
- Elon Musk has lost more money than anyone in history, Guinness World Records says
- Get In on the Quiet Luxury Trend With Mind-Blowing Tory Burch Deals up to 70% Off
- How to deal with your insurance company if a hurricane damages your home
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Covid-19 and Climate Change Will Remain Inextricably Linked, Thanks to the Parallels (and the Denial)
- Billion-Dollar Disasters: The Costs, in Lives and Dollars, Have Never Been So High
- Supreme Court’s Unusual Decision to Hear a Coal Case Could Deal President Biden’s Climate Plans Another Setback
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Coal-Fired Power Plants Hit a Milestone in Reduced Operation
Ranking
- All That You Wanted to Know About She’s All That
- Daniel Radcliffe, Jonah Hill and More Famous Dads Celebrating Their First Father's Day in 2023
- New York orders Trump companies to pay $1.6M for tax fraud
- Inside Clean Energy: An Energy Snapshot in 5 Charts
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Planet Money Movie Club: It's a Wonderful Life
- Federal safety officials probe Ford Escape doors that open while someone's driving
- The Corvette is going hybrid – and that's making it even faster
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Fives States Have Filed Climate Change Lawsuits, Seeking Damages From Big Oil and Gas
See Chris Evans, Justin Bieber and More Celeb Dog Dads With Their Adorable Pups
Kourtney Kardashian Is Pregnant, Expecting First Baby With Husband Travis Barker
Skins Game to make return to Thanksgiving week with a modern look
Here's what's at stake in Elon Musk's Tesla tweet trial
Bindi Irwin Shares How She Honors Her Late Dad Steve Irwin Every Day
Inside Clean Energy: 7 Questions (and Answers) About How Covid-19 is Affecting the Clean Energy Transition