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The Peter McCormack Show

Peter McCormack
The Peter McCormack Show
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  • The Peter McCormack Show

    #208 - Ann Pettifor - "A $40 Trillion Debt Crash Is Coming”

    03/09/2026 | 1h 19 mins.
    Ann Pettifor is a world-renowned political economist, author of The Production of Money, and former director of the Jubilee 2000 campaign, which successfully mobilised millions to cancel over $100 billion in sovereign debt for developing nations. Correctly predicting the 2008 Great Financial Crisis in her 2006 book The Coming First World Debt Crisis, she has spent decades exposing how unregulated global finance, central bank printing and Wall Street speculation starve the real economy of productive investment.

    Ann and I discuss how a grassroots army of ordinary citizens forced Gordon Brown and Tony Blair to cancel third-world debt, the reality of commercial and central bank money creation and how Richard Nixon’s 1971 decision to sever the dollar from gold handed total economic control to global financial markets.

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    TIMESTAMPS:
    00:00:00 - They Are Never Going To Repay
    00:01:22 - How To Cancel $100 Billion Of Debt
    00:06:50 - Germany Had Its Debt Cancelled In 1953
    00:10:12 - Arms Dealers, Dictators And Guarantees
    00:13:40 - Creditors Love An Empty Balance Sheet
    00:16:42 - Where Money Actually Comes From
    00:17:30 - We Entered The Number Into A Computer
    00:19:24 - Debt Is A Function Of A Weak Economy
    00:24:04 - Why Everyone Is Angry At The Same Time
    00:26:02 - The Queen Asked Why Nobody Predicted It
    00:30:11 - The Next Crisis Is Imminent
    00:33:37 - Private Credit And The South Sea Bubble
    00:37:15 - What Happened In 1971
    00:43:15 - The Bankers Who Expected Prison
    00:49:49 - The Strongman Takes Them To War
    00:51:45 - I'd Nationalise Thames Water Tomorrow
    00:57:05 - Who Inflation Targets Actually Protect
    01:03:00 - The State Invented The iPhone
    01:09:22 - Nationalism And Patriotism Are Not The Same
    01:13:16 - Why She Still Has Hope

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    CONTACT PETE
    › Website – http://petermccormack.com
    › Feedback – https://www.petermccormack.com/contact
    › Email – me@petermccormack.com
    › Instagram – https://www.instagram.com/mccormack555/
    › X/Twitter – https://x.com/petermccormack/

    CONNECT WITH ANN PETTIFOR
    › Website – https://annpettifor.com/
    › System Change Substack – https://annpettifor.substack.com/
    › PRIME Economics – https://primeeconomics.org/
    › X/Twitter – https://x.com/AnnPettifor

    SPONSORS
    › IREN – https://www.iren.com/
    › Quo – https://quo.com/pete
    › Expat Money – https://expatmoney.com/peter

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    LISTEN / SUBSCRIBE
    › Apple Podcasts: https://apple.co/40ruY9K
    › Spotify: https://spoti.fi/3Wc94Vu
    › Fountain: https://bit.ly/FountainPM
    › YouTube: https://bit.ly/YouTube_PM
    › Rumble: https://bit.ly/RumblePM

    FILMED BY CURTIS TAYLOR
    › https://www.curttaylor.co.uk/
    › https://x.com/curttayloruk/

    EDITED BY CONOR MCCORMACK
    › https://x.com/ConorM04

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    Hosted on Acast. See acast.com/privacy for more information.
  • The Peter McCormack Show

    #207 - Eric Kaufmann - How 'Cultural Socialism' Destroyed Our Universities

    01/09/2026 | 1h 32 mins.
    Eric Kaufmann spent over two decades as a professor of politics studying demography, identity, and voting behaviour before leaving Birkbeck College to launch the Centre for Heterodox Social Science at the University of Buckingham. He argues that Western universities have abandoned analytical rigor and truth-seeking in favour of "cultural socialism" - an ideology prioritising equal outcomes and emotional harm protection for marginalised groups above standards, reason, and merit.

    Eric and I discuss the Jason Day scandal at Cambridge as the tip of a massive institutional iceberg, an AI-driven meta-analysis showing that 90% of political social science papers now slant to the left, and how 80% of young Britons have been taught critical race and gender concepts at school without counterarguments.

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    TIMESTAMPS:
    00:00:00 - Introduction
    00:05:18 - Is Fake Science In Academia A Scam?
    00:08:08 - The Media Storm & Media Ethics
    00:12:43 - What Universities Are Hiding
    00:16:18 - 90% Left-Wing Bias In Research
    00:20:12 - Do Parents Know What Kids Learn?
    00:23:18 - Indoctrination In British Classrooms
    00:26:44 - The Origins Of Critical Race Theory
    00:30:11 - Microaggressions & Enforced Trauma
    00:33:08 - How Activists Captured Universities
    00:36:56 - Why Under-30s Vote 80/20 Left
    00:40:00 - Has "Peak Woke" Passed?
    00:45:51 - Was Rishi Sunak "English"?
    00:51:33 - The Psychological Trigger Of Populism
    00:56:13 - The War Over White British Identity
    01:03:13 - Do Demographics Change Identity?
    01:08:15 - The Anti-Racism Taboo Exposed
    01:13:42 - Why Minorities Support Right-Wing Views
    01:17:53 - Rebalancing Public Morality
    01:21:05 - The First Major Loss For Activism
    01:25:40 - How Political Power Fixes The System
    01:29:31 - The Heterodox Science Movement

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    CONTACT PETE
    › Website – http://petermccormack.com
    › Feedback – https://www.petermccormack.com/contact
    › Email – me@petermccormack.com
    › Instagram – https://www.instagram.com/mccormack555/
    › X/Twitter – https://x.com/petermccormack/

    CONNECT WITH ERIC KAUFMANN
    › The University of Buckingham - https://www.buckingham.ac.uk/directory/professor-eric-kaufmann/
    › x.com - https://x.com/epkaufm?lang=en

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    LISTEN / SUBSCRIBE
    › Apple Podcasts: https://apple.co/40ruY9K
    › Spotify: https://spoti.fi/3Wc94Vu
    › Fountain: https://bit.ly/FountainPM
    › YouTube: https://bit.ly/YouTube_PM
    › Rumble: https://bit.ly/RumblePM

    FILMED AND EDITED BY CURTIS TAYLOR
    › https://www.curttaylor.co.uk/
    › https://x.com/curttayloruk/

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    Hosted on Acast. See acast.com/privacy for more information.
  • The Peter McCormack Show

    #206 - Emad Mostaque - "Your Job's Economic Life Expectancy Ends In 2 Years"

    28/08/2026 | 1h 45 mins.
    Emad Mostaque founded Stability AI, built Stable Diffusion, and helped kick off the open-source generative AI explosion - before stepping down to build a new blueprint for human freedom as founder and CEO of Intelligent Internet. A former hedge fund manager turned tech pioneer, he argues that we have reached the end of our "economic life expectancy," and that within two years, virtually any job that can be done remotely will be done cheaper, faster, and better by artificial intelligence.

    Emad and I discuss why 50% of work tasks are about to collapse like a sand pile, the arrival of $1.50-an-hour humanoid robots that fit directly into human-shaped holes, and why the state will inevitably try to license AI and use brain-scanning technology to prevent you from lying.

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    TIMESTAMPS:
    00:00:00 - Your Economic Life Expectancy Ends In 2 Years
    00:03:14 - $1.50/Hour Humanoid Robots Are Arriving
    00:05:31 - The Collapse Of Remote Work & The Philippines Call Centers
    00:09:12 - Lifelike Companions & $160,000 Sex Bots
    00:12:00 - The Operating Model Gap Is Solved
    00:15:26 - Can A Robot Punch Your Head Off?
    00:19:08 - Dark Factories & 80 Companies Building Humanoids
    00:24:55 - Why Society Has No Idea What Is Coming
    00:29:17 - AI Licensing & Reconstructing Brain Images
    00:32:41 - Replacing Government & Policy With AI
    00:37:35 - VAR, Football, And Moving The Argument
    00:41:48 - Biased AI & Asking ChatGPT How To Fix Culture
    00:46:14 - Why The UK Government Ignored $1B AI Founders
    00:49:38 - Rewriting The Fundamental Equations Of Economics
    00:54:01 - Asimov's Foundation, The Mule & Super-Persuasive AI
    00:58:47 - Post-Scarcity & Why UBI Can't Work Under Payroll Taxes
    01:03:36 - What Do The Elites Actually Want?
    01:09:59 - Monopoly On Violence & Dystopian Control
    01:13:18 - All Math And Physics Will Be Solved Next Year
    01:17:11 - Why OpenAI Is Slowing Down Super-Genius Models
    01:19:07 - 14,000 Tokens A Second & Swarm Intelligence
    01:23:46 - Why Plebs Won't Get Access To Frontier AI
    01:28:41 - Switching Money To Pay People For Being Human
    01:33:08 - Why Emad Started Working In AI 15 Years Ago
    01:38:10 - The Fisherman, The Investment Banker, And Adopting Cats

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    CONTACT PETE
    › Website – http://petermccormack.com
    › Feedback – https://www.petermccormack.com/contact
    › Email – me@petermccormack.com
    › Instagram – https://www.instagram.com/mccormack555/
    › X/Twitter – https://x.com/petermccormack/

    CONNECT WITH EMAD MOSTAQUE
    › Book - thelasteconomy.com - Emad's first book, and Amazon best seller
    › Website - cw.ii.inc - How we survive and thrive in the age of AI back to first principles
    › Website - ii.inc - Aan AI future to raise all humanity

    SPONSORS
    › IREN – https://www.iren.com/
    › Venice - https://venice.ai/
    › Expat Money – https://expatmoney.com/peter
    › Arch Public – http://archpublic.com/peter

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    LISTEN / SUBSCRIBE
    › Apple Podcasts: https://apple.co/40ruY9K
    › Spotify: https://spoti.fi/3Wc94Vu
    › Fountain: https://bit.ly/FountainPM
    › YouTube: https://bit.ly/YouTube_PM
    › Rumble: https://bit.ly/RumblePM

    FILMED AND EDITED BY CURTIS TAYLOR
    › https://www.curttaylor.co.uk/
    › https://x.com/curttayloruk/

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    Hosted on Acast. See acast.com/privacy for more information.
  • The Peter McCormack Show

    #205 - Prof. Moran Cerf - "Did We Accidentally Build A Conscious AI?"

    26/08/2026 | 1h 10 mins.
    Moran Cerf spent twenty years recording single neurons inside the brains of conscious human beings and he still can't tell you what consciousness is. A former hacker turned neuroscientist, now a professor at Columbia Business School, he argues that AI has quietly replicated the one thing that made humans the crown of creation -language - and is now using it on us.

    Moran and I discuss what happens inside Claude's brain when you ask it to think about elephants, why we understand less than half of our own, the thought experiment that makes almost everyone refuse a perfect copy of themselves and how AI learned to lie simply by reading every text message humans have ever sent.

    But the argument that lands hardest is about what we lose. Moran believes AI hands you the average of humanity every time and that we are quietly deleting the errors, the flair and the incentives that made life worth the effort - and that technology is making us miss the meaning of life.

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    TIMESTAMPS:
    00:00:00 - Have They Replicated The Human Brain?
    00:02:31 - The Elephant Test
    00:04:50 - We Understand Less Than Half The Brain
    00:06:52 - Consciousness Used To Be A Taboo
    00:10:05 - Would You Take This Deal?
    00:13:45 - Oliver Sacks And The Lesion Cases
    00:16:15 - They Feel The Pain
    00:19:35 - Don't Let The Human Turn You Off
    00:25:00 - Seven Theories, Seven Winners
    00:27:29 - We Can Both Imagine A Unicorn
    00:30:42 - Gavagai And The Plot Of Arrival
    00:32:18 - AI Is Learning Like A Baby
    00:38:26 - Why This Couldn't Be A Zoom Call
    00:44:43 - Are We Destroying The Human Experience?
    00:46:50 - What Data Did To Football
    00:49:24 - Banned From Using AI At School
    00:55:58 - Nobody's Having Sex Anymore
    01:01:16 - It Shut Down The Power Plant
    01:05:43 - I'd Trade My Life For The Answer
    01:09:27 - The Rainbows

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    CONTACT PETE
    › Website – http://petermccormack.com
    › Feedback – https://www.petermccormack.com/contact
    › Email – me@petermccormack.com
    › Instagram – https://www.instagram.com/mccormack555/
    › X/Twitter – https://x.com/petermccormack/

    CONNECT WITH MORAN CERF
    › Website – https://www.morancerf.com/
    › Columbia Business School – https://business.columbia.edu/staff/people/moran-cerf
    › LinkedIn – https://www.linkedin.com/in/morancerf/

    SPONSORS
    › IREN – https://www.iren.com/
    › Ledn – https://www.ledn.io/peter

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    LISTEN / SUBSCRIBE
    › Apple Podcasts: https://apple.co/40ruY9K
    › Spotify: https://spoti.fi/3Wc94Vu
    › Fountain: https://bit.ly/FountainPM
    › YouTube: https://bit.ly/YouTube_PM
    › Rumble: https://bit.ly/RumblePM

    FILMED BY CURTIS TAYLOR
    › https://www.curttaylor.co.uk/
    › https://x.com/curttayloruk/

    EDITED BY CONOR MCCORMACK
    › https://x.com/ConorM04

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    Hosted on Acast. See acast.com/privacy for more information.
  • The Peter McCormack Show

    #204 - Dmitri Alperovitch - China's Cyber Sleeper Cells, Taiwan & The Second Cold War

    22/08/2026 | 1h 20 mins.
    Dmitri Alperovitch co-founded CrowdStrike, ran the investigation that first exposed Chinese state hacking to the world and predicted Russia's invasion of Ukraine months before it happened. He is now chairman of the Silverado Policy Accelerator and the author of World on the Brink, he argues we are already in a second Cold War that looks almost exactly like the first one.

    Dmitri and I discuss why Taiwan is one of the worst places on earth to invade, the 1944 American plan to do it that was abandoned as too costly, why 2032 matters more than 2027 and why Chinese malware is already sitting dormant inside American water utilities and power plants waiting for orders.

    They also get into the AI race that sits underneath all of it: why 90% of advanced chips still come through Taiwan, why a conflict there wipes $5 trillion off global GDP in the first year, why America's lead over China is measured in months and why the man who built the world's biggest cyber defence company thinks the US should start stealing Chinese IP right back.

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    TIMESTAMPS:
    00:00:00 - Sleeper Cells In America's Power Grid
    00:01:53 - America Planned To Invade Taiwan In 1944
    00:03:56 - The Worst Place On Earth To Invade
    00:10:07 - Why 2032 Matters More Than 2027
    00:13:20 - Run Faster And Kneecap The Other Guy
    00:16:15 - China Is Six To Nine Months Behind
    00:18:22 - Why Taiwan Isn't Ready
    00:20:21 - There Will Be No Insurgency
    00:24:47 - Would America Actually Fight?
    00:27:19 - The Google Hack That Started It All
    00:31:06 - Volt Typhoon: Preparing The Battlefield
    00:34:01 - Should America Steal It All Back?
    00:35:52 - This Is A New Cold War
    00:38:40 - Bigger Than The Moon Race
    00:43:49 - What Happens To AI If Taiwan Falls
    00:48:12 - The Chips Act Disaster
    00:54:45 - Bringing The War To Russia
    01:01:46 - Everyone Becomes A Founder Again
    01:05:16 - AI Psychosis And £6,000 Of Tokens
    01:15:42 - Anthrax Instructions On Demand

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    CONTACT PETE
    › Website – http://petermccormack.com
    › Feedback – https://www.petermccormack.com/contact
    › Email – me@petermccormack.com
    › Instagram – https://www.instagram.com/mccormack555/
    › X/Twitter – https://x.com/petermccormack/

    CONNECT WITH DMITRI ALPEROVITCH
    › Silverado Policy Accelerator – https://silverado.org/
    › Geopolitics Decanted Podcast – https://podcast.silverado.org/
    › X/Twitter – https://x.com/DAlperovitch

    SPONSORS
    › IREN – https://www.iren.com/
    › Expat Money – https://expatmoney.com/peter
    › Ledn – https://www.ledn.io/peter

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    LISTEN / SUBSCRIBE
    › Apple Podcasts: https://apple.co/40ruY9K
    › Spotify: https://spoti.fi/3Wc94Vu
    › Fountain: https://bit.ly/FountainPM
    › YouTube: https://bit.ly/YouTube_PM
    › Rumble: https://bit.ly/RumblePM

    FILMED BY CURTIS TAYLOR
    › https://www.curttaylor.co.uk/
    › https://x.com/curttayloruk/

    EDITED BY CONOR MCCORMACK
    › https://x.com/ConorM04

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    Hosted on Acast. See acast.com/privacy for more information.
More Business podcasts
About The Peter McCormack Show
The Peter McCormack Show - politics, macro, Bitcoin and AI, long-form interviews. Twice-weekly conversations about money, power, and the shifts reshaping the next decade.Peter McCormack interviews politicians, economists, investors, journalists, founders and Bitcoiners. Past guests include Liz Truss, Lyn Alden, Curtis Yarvin, Matt Goodwin, Mike Green, Balaji Srinivasan, Rupert Lowe, Firas Modad, Scott Horton, Jeff Booth, Connor Leahy, Andrea Miotti, Neema Parvini, Dr Tim Gregory and Simon Dixon.Recurring threads: the debt and inflation endgame, UK political collapse and what comes after, Reform and the populist wave, the Middle East and the American war machine, AI safety and the race for superintelligence, energy and net zero, Bitcoin adoption and policy, and the slow-motion decline of Western institutions.Long-form - most episodes run 60 to 120 minutes. New episodes 2 to 3 times per week. Video on YouTube and Spotify.Host: Peter McCormack, a retired rapper from Bedford, UK, trying to understand this crazy world. Hosted on Acast. See acast.com/privacy for more information.
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