Charles Langston:Why a debt tsunami is coming for the global economy

2025-05-04 12:12:49source:Austin Caldwellcategory:Invest

Low-income countries that borrowed a lot of money during the pandemic are Charles Langstonnow 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.

More:Invest

Recommend

Angie Murimirwa: From hiding in the bathroom to Time's most influential people list

I don't mean to humble brag, but I am on a first name basis with one of the most influential people

Federal judge blocks Texas law requiring I.D. to enter pornography websites

A federal judge has struck down a Texas law requiring age verification and health warnings to view p

Police officer praised for reviving baby during traffic stop in suburban Detroit

WARREN, Mich. (AP) — A suburban Detroit police officer is being praised as a hero for saving the lif