The Indicator from Planet Money

The Tuna Bonds Scandal and the fishy business of hidden debt


Listen Later

Back in 2016, the economy of Mozambique tipped into crisis. The culprit was a government corruption scandal linked to more than $1 billion that officials borrowed in secret.

This was a high-profile example of hidden debt, but it's far from the only example. In fact, this kind of secret borrowing is a large and common problem among countries.

Today on the show, a pair of economists share their new research on hidden debt and how it affects everyday people.

Related Episodes:
Why a debt tsunami is coming for the global economy
What looks like a bond and acts like a bond but isn't a bond?

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy
...more
View all episodesView all episodes
Download on the App Store

The Indicator from Planet MoneyBy NPR

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

9,102 ratings


More shows like The Indicator from Planet Money

View all
Marketplace Tech by Marketplace

Marketplace Tech

1,267 Listeners

Marketplace by Marketplace

Marketplace

8,626 Listeners

Planet Money by NPR

Planet Money

30,923 Listeners

Freakonomics Radio by Freakonomics Radio + Stitcher

Freakonomics Radio

31,974 Listeners

The NPR Politics Podcast by NPR

The NPR Politics Podcast

25,759 Listeners

Make Me Smart by Marketplace

Make Me Smart

5,490 Listeners

The Daily by The New York Times

The Daily

111,034 Listeners

Up First from NPR by NPR

Up First from NPR

55,912 Listeners

Today, Explained by Vox

Today, Explained

10,071 Listeners

Throughline by NPR

Throughline

15,949 Listeners

Short Wave by NPR

Short Wave

6,248 Listeners

Consider This from NPR by NPR

Consider This from NPR

5,964 Listeners

People I (Mostly) Admire by Freakonomics Radio + Stitcher

People I (Mostly) Admire

2,143 Listeners

Planet Money Summer School by NPR

Planet Money Summer School

168 Listeners

The Economics of Everyday Things by Freakonomics Network & Zachary Crockett

The Economics of Everyday Things

1,590 Listeners

Planet Money: We Bought a Toxic Asset by NPR

Planet Money: We Bought a Toxic Asset

0 Listeners

Planet Money: We Set Up a Shell Company by NPR

Planet Money: We Set Up a Shell Company

3 Listeners

Planet Money: We Invested in Gold by NPR

Planet Money: We Invested in Gold

0 Listeners