Listener Locky asks: I understand that most of the countries/economies in the world are in debt. If that’s the case, who has all of the money? If there is more debt than credit in the world, how is it reconciled?

Join Sean Aylmer & Michael Thompson as they answer listener questions.

If you have your own question for Ask Fear & Greed, get in touch via our website, LinkedIn, Instagram or Facebook!

Listener Locky asks: I understand that most of the countries/economies in the world are in debt. If that’s the case, who has all of the money? If there is more debt than credit in the world, how is it reconciled? Join Sean Aylmer &amp; Michael Thompson as they answer listener questions. If you have your own question for Ask Fear &amp; Greed, get in touch via our <a href="https://www.google.com/url?q=http://fearandgreed.com.au&amp;sa=D&amp;source=calendar&amp;ust=1723464117719602&amp;usg=AOvVaw01OOL4k7rdtoDgs_pJJLLG">website</a>, <a href="https://www.google.com/url?q=https://www.linkedin.com/company/fear-and-greed&amp;sa=D&amp;source=calendar&amp;ust=1723464117719602&amp;usg=AOvVaw0Jv9u70A_HRrBiuEQ6Ky-_">LinkedIn</a>, <a href="https://www.google.com/url?q=https://www.instagram.com/fearandgreedpodcast/&amp;sa=D&amp;source=calendar&amp;ust=1723464117719602&amp;usg=AOvVaw0FTHkQsyDGup6_aFHsexA2">Instagram</a> or <a href="https://www.google.com/url?q=https://www.facebook.com/FearAndGreedPodcast&amp;sa=D&amp;source=calendar&amp;ust=1723464117719602&amp;usg=AOvVaw0fEBRQJ6xH1Ddum3cula4R">Facebook</a>!

Business news you can use. A daily business news podcast with journalists Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Business news you can use. A daily business news podcast with journalists <a href="https://www.linkedin.com/in/sean-aylmer-9922068/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/sean-aylmer-9922068/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw0wu3ezGEfBZFYspJbTTaYL">Sean Aylmer</a>&nbsp;and&nbsp;<a href="https://www.linkedin.com/in/mcwthompson/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/mcwthompson/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw08pZ8jZ88rHJgCfbHkTr5k">Michael Thompson</a>.&nbsp;Find out more at&nbsp;<a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/" data-saferedirecturl="https://www.google.com/url?q=https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain%3Dfearandgreed.com.au/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw1DLq_FuqjEt3HC-ZK1704H">https://fearandgreed.com.au</a>

Fear and Greed is Australia's most popular business podcast.

FEAR & GREED | Business News

Short, sharp answers to questions about business, investing, economics or politics. 

Got a question? Share it via our website, LinkedIn, Instagram or Facebook, and get it answered by the Fear & Greed team.

Short, sharp answers to questions about business, investing, economics or politics.&nbsp;
Got a&nbsp;question? Share it via our&nbsp;<a href="https://www.google.com/url?q=http://fearandgreed.com.au&amp;sa=D&amp;source=calendar&amp;ust=1751335061469871&amp;usg=AOvVaw1HZbjwVzd0KVNX_Nj77aql">website</a>,&nbsp;<a href="https://www.google.com/url?q=https://www.linkedin.com/company/fear-and-greed&amp;sa=D&amp;source=calendar&amp;ust=1751335061469871&amp;usg=AOvVaw2idXkiO2ADJk9vNayUJoEU">LinkedIn</a>,&nbsp;<a href="https://www.google.com/url?q=https://www.instagram.com/fearandgreedpodcast/&amp;sa=D&amp;source=calendar&amp;ust=1751335061469871&amp;usg=AOvVaw2imBHzuvcQNVIjANKic57B">Instagram</a>&nbsp;or&nbsp;<a href="https://www.google.com/url?q=https://www.facebook.com/FearAndGreedPodcast&amp;sa=D&amp;source=calendar&amp;ust=1751335061469871&amp;usg=AOvVaw10gu_Ebz3IYwqq_hchg7Km">Facebook</a>, and get it answered by the Fear &amp; Greed team.

Short, sharp answers to questions about business, investing, economics or politics. 

Fear & Greed Q+A

Daily business news for people who make their own decisions, with business journalist Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Daily business news for people who make their own decisions, with business journalist <a href="https://www.linkedin.com/in/sean-aylmer-9922068/">Sean Aylmer</a> and <a href="https://www.linkedin.com/in/mcwthompson/">Michael Thompson</a>. Find out more at <a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/">https://fearandgreed.com.au</a>

Ask Fear & Greed: Countries are in debt - so who has all the money?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/e7a59624-5326-48ed-9c97-b1c500c63a01/transcript

Friday 23 January 2026

A surprise fall in the unemployment rate increases the odds of a rate hike in a fortnight’s time. 
Opposition leader Sussan Ley is under pressure to keep her job after the National Party walks away from the federal Coalition
Donald Trump backs down on taking Greenland by force, and on imposing extra tariffs on European countries
The IPO outlook in Australia improves
Scientists discover 68,000-year-old cave paintings

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And don’t miss the latest episode of How Do They Afford That? - this week, seven money habits that could change your year. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.

Friday 23 January 2026
A surprise fall in the unemployment rate increases the odds of a rate hike in a fortnight&rsquo;s time.&nbsp;
<ul>
<li aria-level="1">Opposition leader Sussan Ley is under pressure to keep her job after the National Party walks away from the federal Coalition</li>
<li aria-level="1">Donald Trump backs down on taking Greenland by force, and on imposing extra tariffs on European countries</li>
<li aria-level="1">The IPO outlook in Australia improves</li>
<li aria-level="1">Scientists discover 68,000-year-old cave paintings</li>
</ul>
Join our<a href="https://fearandgreed.com.au/newsletter-signup"> free daily newsletter here</a>.
And don&rsquo;t miss the latest episode of<a href="https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/"> How Do They Afford That?</a> - this week, seven money habits that could change your year. Get the episode from<a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235"> APPLE</a>,<a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14"> SPOTIFY</a>, or anywhere you listen to podcasts.

Rate rise in a fortnight?; pressure on Ley to quit; Trump backs down on Greenland 

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/bccb249c-f859-423e-9d5d-b3da00abc726/transcript

Australia’s housing market has now recorded 12 straight quarters of price growth - the longest run in more than a decade. Michael Thompson talks to Dr Nicola Powell, Chief of Research and Economics at Domain, about why Melbourne's recovery has accelerated, how Perth has become a million-dollar city, and what happens this year if interest rates increase.

Australia&rsquo;s housing market has now recorded 12 straight quarters of price growth - the longest run in more than a decade. Michael Thompson talks to Dr Nicola Powell, Chief of Research and Economics at Domain, about why Melbourne's recovery has accelerated, how Perth has become a million-dollar city, and what happens this year if interest rates increase.

Q+A: Can house prices keep climbing if rates rise?

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/ae08be80-4a6d-40ed-a1e7-b3da00abc4ad/transcript

This is the Fear and Greed Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.


ASX jumps 0.8pc


National Day of Mourning


Gold investment surges


Fortescue output surge


NZ landslide rescue

Join our free daily newsletter here.

This is the&nbsp;<a href="https://fearandgreed.com.au/">Fear and Greed</a> Afternoon Report - everything you need to know about what happened in the markets, economy and world of business today, in just a few minutes.
<ol>
<li>
ASX jumps 0.8pc
</li>
<li>
National Day of Mourning
</li>
<li>
Gold investment surges
</li>
<li>
Fortescue output surge
</li>
<li>
NZ landslide rescue
</li>
</ol>
Join our <a href="https://fearandgreed.com.au/newsletter-signup">free daily newsletter here</a>.

Afternoon Report | ASX climbs as Greenland tensions ease

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/aba2dd3e-a7f1-4c12-922c-b3da005faa8b/transcript

Ask Fear & Greed: Countries are in debt - so who has all the money?

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