The Peter McCormack Show

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 alignments shape decisions in Washi...

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...

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 his 3-step survival guide for the mid...

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 UK is prepared for technological ac...

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 decisive changes can survive compound...

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 like, why nuclear build timelines mat...

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 politics becomes a fight over who control...

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 AI can do the productive work, what ...

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" don't work, and how a handful of comp...

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 function.

We also discuss how infl...

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.

We discuss deep on the "psychol...

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 sleepwalking into an Enron-style bankruptc...

Emmanuel Maggiori joins me to explain how inflation, incentives, and broken monetary rules quietly reshape behaviour inside an economy.

From Argentina's black markets and capital controls to money printing, MMT, saving vs spending, and institutional credibility, we explore why inflation destroys trust long before it destroys prices — and why countries don't collapse overnight, but drift into dysfunction as rational people adapt.

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Andrew Gold joins me to discuss how incentives are driving extremism, distrust, and cultural breakdown in the UK.

From YouTube algorithms and purity spirals to immigration, economics, feminism, AI, and debt, we explore why honest debate is collapsing and why every political movement now frames itself as an existential last stand.

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Peter sits down with Khaled Hassan to discuss immigration, extremism, and why Britain's institutions have become incapable of enforcing boundaries or even discuss them honestly.

From counter-terrorism failures to media self-censorship, we examine how fear of controversy has replaced decision-making and why suppressing uncomfortable conversations doesn't reduce risk, but pushes it into darker, more dangerous directions.

This is a co...

In this episode, I'm joined by Ben Habib for a conversation about Reform, Nigel Farage and where British politics is heading.

Ben argues that Reform is far more fragile than most people realise. That it lacks a clear political philosophy, is driven by personality rather than principle, and could fail badly if it ever reaches power. His fear isn't just that Reform collapses, it's that its failure would discredit the wider pro-Britis...

In this PMQs episode, we discuss Robert Jenrick's defection to Reform and how it signals a political system that can only manage decline, not reverse it.

We discuss debt, inflation, incentives, and accountability - why every party borrows, why promises don't bind, and why voters are increasingly trapped choosing between different speeds of the same outcome.

SHOW NOTES
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Politics feels chaotic for a reason.

In this PMQs episode, we discuss what looks like surface-level madness - government U-turns, free speech crackdowns, global unrest and endless culture wars, to understand the deeper structural problem: a debt-based system that no longer works.

This isn't about left vs right, or one bad leader. It's about incentives, power, and a financial system that concentrates wealth, hollows out society, and...

Western politics appears chaotic - broken states, endless debt and permanent crisis. Simon Dixon argues it isn't chaos at all, it's structure.

In this conversation, Simon lays out how money creation, debt, asset management, and access to capital now matter more than elections, ideology, or national borders. Governments, he argues, have become balance sheets and citizens have become collateral.

We talk about how the debt-based syste...