Debt Bomb - A Deluge Of Defaults
45:42 Min
According to the IMF, 60 percent of low-income countries are either already in debt distress or at high risk of debt distress. Pakistan is one country that has required an IMF bailout. How is the country’s debt burden impacting its people?
Debt Bomb
Debt Bomb - A Deluge Of Defaults
22 Oct 2023 10:00pm
According to the IMF, 60 percent of low-income countries are either already in debt distress or at high risk of debt distress. Pakistan is one country that has required an IMF bailout. How is the country’s debt burden impacting its people?
Debt Bomb
About the show:
According to the International Monetary Fund, debt is at the highest level in decades. With high interest rates and a global economic slowdown, 60 percent of low-income countries are either already in debt distress or at high risk of debt distress. Will we see a global financial contagion and a deluge of defaults?
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