Desmond Preston|Why a debt tsunami is coming for the global economy

2025-05-06 06:42:39source:Greenledgers Trading Centercategory:Finance

Low-income countries that borrowed a lot of money during the pandemic are Desmond Prestonnow 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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