Current:Home > MarketsWhy a debt tsunami is coming for the global economy -Thrive Financial Network
Why a debt tsunami is coming for the global economy
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Date:2025-04-16 12:30:52
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.
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