The Peter McCormack Show

Britain is now poorer than the poorest American state and economist Andrew Lilico says a full-blown fiscal crisis is coming within ten years. He explains how Britain broke itself, why the political establishment lost its faith and the £180 billion in spending cuts he believes should be the baseline, not the radical option. Andrew Lilico is Executive Director of Europe Economics and Chairman of the...

Freddie New studied the classics and has spent years obsessing over one question: how does a superpower destroy itself? The answer, he argues, is always the same - it starts with the money. In this conversation we map the fall of Rome directly onto the West today. The Roman denarius lost 97% of its purchasing power over 150 years. The British pound has lost 95% of its in the last century alone. Th...

Emmet Connor, author of Red Pandemic, joins me to discuss his claim that Marxist ideas are expanding globally through culture, institutions and politics. We start with the core question: is there actually a coherent Marxist movement in the modern West or is the term being used too loosely to describe broader social change? We also explore what Marxism is today, how it may have evolved beyond its o...

Liz Truss, former Prime Minister of the United Kingdom, joins me to discuss what really happened during her time in office and why she believes the UK is in long-term economic and political decline. We talk about the limits of political power, the role of institutions like the Bank of England, and why she argues that meaningful change is harder than voters realise. Liz also reflects on why she was...

Scott Horton is the director of Antiwar.com and one of the most outspoken critics of US foreign policy. In this episode, Scott explains how war connects directly to the things people feel every day - rising prices, falling purchasing power, growing debt and a system that never seems to improve no matter who is in charge. We also discuss how governments fund wars, why debt keeps expanding, how infl...

Are we heading for a mathematical market crash or has the system just been perfectly designed to extract your wealth? In this episode, I sit down with macro-strategist Mike Green to discuss the hidden plumbing of the global economy. Mike explains why the stock market is no longer tied to reality, how the rise of passive index funds has created a dangerous "flow inelastic trap" and why the modern r...

Why does everything feel more expensive even when the economy is supposedly "growing"? The truth is, the financial system isn't broken - it's functioning exactly as it was designed to In this episode, macroeconomist and author Lyn Alden joins the show to discuss the mechanical reality of the fiat ledger and the global debt trap. We explore how the system forces a silent extraction of wealth from t...

Former Apple employee, Mark Suman explains why Apple refused to allow ChatGPT internally and what that reveals about how AI systems are learning how we think. Most people are now using AI every day - for work, personal decisions, even private conversations. But as Mark explains, the more we share, the more these systems begin to model our behaviour, often understanding our thinking patterns better...

Are we witnessing the managed decay of Western democracy, or a civilisational shift that we can still reverse? I sit down with academic and author Matt Goodwin and discuss the survival of the West. Matt warns that unprecedented demographic transformation and a radicalised, disconnected elite are fundamentally dismantling our national identity. We also discuss institutional rot, the effectiveness o...

Are we witnessing the organic collapse of the Western world, or is the current global chaos a highly engineered script? Simon Dixon returns to map out the hidden architecture of global power. He breaks down how the Financial, Military, and Technical Industrial Complexes are actively managing a transition to a multipolar world. From the "transitional theater" of the Middle East to the weaponization...

The political system appears broken but is functioning exactly as it was designed to - ensuring the ruling class never loses power. Author and academic Neema Parvini joins the podcast to discuss the mechanics of elite control. We discuss the "Iron Law of Oligarchy" - the reality that all political parties, no matter how radical they start, eventually conform to the establishment . Neema also expla...

The "Net Zero" transition is built on a mathematical impossibility. The UK power grid currently relies on just over one hour of battery backup, and the political consensus is pushing us closer to civilisational collapse. Nuclear chemist and author Tim Gregory explains why the current agenda to replace fossil fuels entirely with wind and solar is a dangerous illusion. He breaks down the harsh reali...

The engineers building Artificial Intelligence do not actually know how it works. They are not programming it; they are "growing" it and they have no idea what it will do next. Connor Leahy is an AI researcher and former builder of Large Language Models. In this interview we discuss Silicon Valley, where he reveals the reality inside the top tech labs: the "alignment problem" being unsolved, the r...

The war in the Middle East is usually discussed as a military conflict. In this interview, Firas Modad argues the real consequences are far wider. We discuss how escalation could spread through energy markets, shipping lanes and commodity prices - and why the economic effects of war may hit far beyond the battlefield. Firas also explains how political incentives, donor networks and foreign policy...

Governments aren't going to pay this debt down in real terms. More likely, they pay it back in weaker money. Luke Gromen argues we're already deep into a sovereign debt cycle - and that AI could speed up the moment it really starts to crack. In this interview we discuss how the system works: leverage, entitlements, interest costs, bond markets - and what happens when deflation hits an economy that...

Western Civilisation is collapsing, and the exits are being bricked up. In this episode, Balaji Srinivasan (Author, The Network State) delivers a clear warning: the US and UK are approaching a sovereign debt default, and the "Berlin Wall" of capital controls is coming to trap your wealth inside. We discuss why "staying is surrendering," the rise of the "Grey Tribe" (Tech) against the State, and hi...

In this episode, Laila Cunningham discusses London's demographic change, mass immigration, housing failure and whether the capital is becoming a stress test for Britain. We discuss debt, inflation, generational decline, state expansion, and why productivity gains from technology aren't improving living standards. We also explore AI, education reform, automation, housing regulation and whether the...

In this episode, Curtis Yarvin argues that modern democracies may lack clear sovereignty and that technological acceleration and sovereign debt are exposing that weakness. We discuss AI as a force multiplier, bureaucratic continuity, legitimacy, regime structure and the limits of procedural governance. We also explore fiscal exhaustion, debt sustainability, and whether a system that cannot make de...

In this episode, Kathryn Porter explains why energy is civilisation and how he UK grid may be heading toward rationing and rolling blackouts within the next decade. We discuss aging gas power stations, unrealistic utilisation assumptions, weak grid conditions, North Sea decline and why no single institution is accountable for security of supply. We also cover what a blackout would actually look li...

In this episode, Jeff Booth explains why the natural state of a free market is deflationary and why a debt-based monetary system can't allow it. We discuss AI as an acceleration event: exponential productivity should make life cheaper, but the system has to create scarcity to keep debt serviceable. We cover how inflation functions as hidden extraction, why regulation favours monopolies, why politi...

In this PMQs episode, we discuss the claim that most white-collar work could be automated within 12-18 months, and what that actually means. We talk through jobs, incentives, education, and AI safety - why companies can't slow down even if they want to, why schools may be preparing kids for a world that's disappearing, and why safety teams are warning about systems they're still accelerating. If A...

What happens if we build something smarter than ourselves - and can't turn it off? In this interview, I chat with Andrea Miotti about the global race toward superintelligent AI: systems designed to outperform humans across every task, operate autonomously, and integrate directly into the economy. We discuss how today's AI tools quietly cross from assistance into replacement, why "kill switches" do...

Is Britain in the midst of a Soviet style collapse? In this episode, I speak to journalist Isabella Kaminski about why today's Britain is starting to resemble the final years of the Soviet system. She describes what collapse feels like before it's obvious: fake economics, hollowed-out institutions, collapsing trust, and a population slowly realising that the systems meant to protect them no longer...

Is the British State actively at war with the next generation? In this episode I talk to Montgomery Toms, a 20-year-old rising conservative voice, who argues that the social contract with the youth has been broken. Monty explains the "institutional rot" within our education system, detailing how he was "strong-armed" out of university for refusing to wear a mandatory pronoun badge on his first day...

Is the British Government incompetent, or is it a criminal enterprise? I am joined by sitting MP Rupert Lowe as he asks the ultimate question: "Is the state in the hands of organized crime?" From the billions missing in procurement contracts to the "sticky fingers" of the political class, Rupert argues that the British state has become the active enemy of its own people, and that the UK is sleepwa...