Current:Home > reviewsWhy a debt tsunami is coming for the global economy -Wealth Legacy Solutions
Why a debt tsunami is coming for the global economy
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-03-11 07:40:18
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! (52316)
Related
- A South Texas lawmaker’s 15
- New York City Has Ambitious Climate Goals. The Next Mayor Will Determine Whether the City Follows Through
- New York City Has Ambitious Climate Goals. The Next Mayor Will Determine Whether the City Follows Through
- In Two Opposite Decisions on Alaska Oil Drilling, Biden Walks a Difficult Path in Search of Bipartisanship
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- EPA Rejects Civil Rights Complaint Over Alabama Coal Ash Dump
- Warming Trends: Airports Underwater, David Pogue’s New Book and a Summer Olympic Bid by the Coldest Place in Finland
- Sun unleashes powerful solar flare strong enough to cause radio blackouts on Earth
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- As Warming Oceans Bring Tough Times to California Crab Fishers, Scientists Say Diversifying is Key to Survival
Ranking
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Warmer California Winters May Fuel Grapevine-Killing Pierce’s Disease
- Walt Nauta, Trump aide indicted in classified documents case, pleads not guilty
- Standing Rock: Dakota Access Pipeline Leak Technology Can’t Detect All Spills
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Rural Jobs: A Big Reason Midwest Should Love Clean Energy
- Covid-19 Cut Gases That Warm the Globe But a Drop in Other Pollution Boosted Regional Temperatures
- Seaweed blob headed to Florida that smells like rotten eggs shrinks beyond expectation
Recommendation
What to watch: O Jolie night
Why Samuel L. Jackson’s Reaction to Brandon Uranowitz’s Tony Win Has the Internet Talking
A Clean Energy Revolution Is Rising in the Midwest, with Utilities in the Vanguard
Amy Schumer Says She Couldn't Play With Son Gene Amid Struggle With Ozempic Side Effects
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Shipping Lines Turn to LNG-Powered Vessels, But They’re Worse for the Climate
Trump May Approve Strip Mining on Tennessee’s Protected Cumberland Plateau
Watchdog faults ineffective Border Patrol process for release of migrant on terror watchlist