Why a debt tsunami is coming for the global economy
Low-income countries are falling behind on their debt payments. Countries like Zambia, Chad and Sri Lanka have already defaulted, and others could be on the brink. Today, we examine the escalating debt crisis in the global economy and how the International Monetary Fund says it's going to help.For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.