Private credit vs public debt – Sound Economies with Mel & Peter, 1 April 2026

Some central bankers and government officials are sounding the alarm over the private credit market, but we find rapidly growing government debt more concerning. We also discuss the rise of OpenClaw in China for AI-powered personal assistants and our near-term outlook regarding the US-Iran conflict.

Time stamps:

(00:00) – Episode rundown

(00:41) – Quick updates

(02:20) – Rise of OpenClaw AI assistants in China

(10:44) – Fed chair Jerome Powell’s comments on private credit

(18:18) – Ballooning government debt in US, Europe

(24:05) – Market nervousness higher amid ongoing US-Iran conflict

“Sound Economies with Mel & Peter” is a weekly podcast where our founding CEO Peter Lundgreen and Manila-based Chief Economist Mel Lopez discuss what’s happening in economies around the world and their views of the global financial markets.

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