Marketplace®

Daily business news and economic stories

Global economy still grappling with debt

Almost a decade after the European financial crisis started to report the financial troubles that brought about the Crash of 2008, banks, governments, and people are again heavily in debt

 Pensioners take part in an anti-austerity demonstration in central Athens on December 15, 2016. 
 Pensioners take part in an anti-austerity demonstration in central Athens on December 15, 2016. 
ARIS MESSINIS/AFP/Getty Images

Italy is on the verge of bailing out its indebted banks, and struggling Greece is locked in battle with its creditors. We’re nearly a decade on from the beginnings of the global financial crisis, and debt crises keep popping up. It’s not just Europe, either. Around the world, government, bank, corporate and household debt have exploded since the crisis. That means there are new hot spots and big questions about what still needs to be done about global debt.

Click the audio player above to hear the full story. 

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    5 hours ago
    25:19
  • Make Me Smart
    10 hours ago
    19:00
  • Marketplace Morning Report
    13 hours ago
    6:55
  • Marketplace Tech
    17 hours ago
    8:33
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45