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The Peter McCormack Show

Peter McCormack
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  • The Peter McCormack Show

    #228 - Rupert Lowe - Is Britain Going Bankrupt?

    09/11/2026 | 59 mins.
    Rupert Lowe is the MP for Great Yarmouth and the leader of Restore Britain, the party he launched after leaving Reform UK. He returns with a blunt diagnosis: Britain is bankrupt, the state is no longer serving the people who pay for it and none of the main parties will admit how bad the numbers have become.

    Rupert and I discuss whether the state has become a force bigger than any elected government, why he believes the electorate still does not understand the scale of the debt, the £100,000 of legacy borrowing per household being handed to the next generation and what Restore would actually do - on tax, energy, the triple lock and welfare.

    They also get into the media's treatment of Restore, accusations of a secret deal, his fallout with Reform and the olive branch that went nowhere, whether Andy Burnham will make rejoining the EU his last throw of the dice and why Rupert thinks the euro cannot survive.

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    TIMESTAMPS:
    00:00:00 - What Is Government Actually For?
    00:04:48 - The People Who Never Accepted Brexit
    00:06:20 - Is The State Bigger Than The Government?
    00:08:54 - Summoned By The Inquiry
    00:13:25 - Burnham In The Caribbean
    00:15:03 - The Entire State, And The Media
    00:18:23 - A Conservative Uprising Across Europe
    00:20:35 - We Are Bankrupt
    00:22:44 - The Three Documents
    00:25:33 - What Restore Would Do On Immigration
    00:27:09 - What About Those Already Working Here?
    00:29:44 - The Second Biggest Party By Members
    00:32:18 - Is The Media Giving Restore A Fair Crack?
    00:35:54 - Is There A Secret Deal?
    00:40:58 - £100,000 Of Debt Per Household
    00:43:02 - If You Were Prime Minister
    00:46:52 - What About Reform?
    00:48:45 - The Olive Branch
    00:53:59 - Are They Trying To Rejoin The EU?
    00:56:13 - The Euro Cannot Survive

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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 RUPERT LOWE
    › X/Twitter – https://x.com/RupertLowe10
    › Website – https://www.restorebritain.org.uk/join_us

    SPONSORS
    › Ground News – https://ground.news/peterm
    › Gold Pensions – https://goldpensions.com/peter
    › Venice AI – https://venice.ai/lp/mccormack/Nov9 – Code PETER15

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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

    #227 - Gideon Rachman - How World War 3 Could Start by Accident

    04/11/2026 | 1h 16 mins.
    Why does the world feel more dangerous at a time of extraordinary technological progress? Gideon Rachman joins me to discuss his book, War Is Interested in You, and the return of leaders driven by territory, personal glory and their place in history. We explore Putin’s ambitions in Ukraine, the pressures on NATO, Trump’s decisions over Iran and how miscalculation could turn regional conflicts into something much bigger.

    Gideon explains why the risk of a wider war has risen, while arguing that World War III is neither inevitable nor highly likely. We also discuss nuclear deterrence, the cost of conflict for ordinary people, Britain’s weak growth, rising taxes and debt and what AI could mean for jobs and the next generation.

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    TIMESTAMPS:
    00:00:00 - Why Aren't We Living In The Best Of Times?
    00:02:53 - All Prime Ministers Eventually Go Mad
    00:04:44 - Why It Gets Dangerous To Step Down
    00:06:09 - The Table, The Generals And The Grovelling
    00:09:43 - How Bad Policy Actually Happens
    00:12:03 - We're Being Told To Prep
    00:14:21 - Closer To World War Three Than Ever
    00:18:34 - Why Would We Even Get Involved?
    00:20:45 - Is Any Of This In Russia's Interest?
    00:24:53 - Is There A Path To Peace?
    00:29:24 - War By Accident
    00:32:26 - What Would Actually Make It A World War?
    00:34:33 - Every War Starts With A Miscalculation
    00:38:55 - Would You Really Fire Back?
    00:41:21 - The Letters Of Last Resort
    00:43:48 - The Night They Thought Russia Would Go Nuclear
    00:50:20 - What Is The Logic Of The Iran War?
    00:56:20 - They're Briefing Congress On The Next Strike
    01:02:09 - There Is Just No Money
    01:10:25 - We Are Handing Our Children The Bill

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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 GIDEON RACHMAN
    › War Is Interested In You – https://www.penguin.co.uk/books/475001/war-is-interested-in-you-by-rachman-gideon/9781529969825
    › Financial Times – https://www.ft.com/gideon-rachman
    › The Rachman Review – https://www.ft.com/rachman-review

    SPONSORS
    › IREN – https://www.iren.com/
    › Venice AI – https://venice.ai/lp/mccormack/nov4 – Code PT15
    › 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

    #226 - Karl Friston - Top Neuroscientist: "AI Is Stunting the Human Brain"

    02/11/2026 | 1h 28 mins.
    Is human consciousness a biological necessity, or merely a controlled hallucination designed to help us coordinate and survive?
    In this episode of The Peter McCormack Show, I sit down with Professor Karl Friston, the world’s most cited neuroscientist, to interrogate the fundamental architecture of the mind, the true nature of reality, and what happens when artificial intelligence collides with human development.

    From working alongside modern AI pioneers like Geoffrey Hinton and Demis Hassabis to developing the foundational theories of how the brain navigates uncertainty, Friston gives a stark warning: while today’s large language models mimic thought, they lack true agency, authentic curiosity, and an understanding of consequences. More critically, by outsourcing knowledge retrieval and cognitive friction to algorithms, we risk stunting the neurodevelopment of the next generation - eroding social cues, theory of mind, and the very foundation of human empathy.

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    TIMESTAMPS:
    00:00:00 - It's All An Illusion
    00:06:48 - How Much We Don't Know About The Brain
    00:11:07 - Nobody Can Define Intelligence
    00:16:03 - Do We Actually Have Free Will?
    00:18:28 - Why Two People See It Differently
    00:24:27 - Are Animals Self-Aware?
    00:29:59 - True Alignment Would Need Suffering
    00:34:42 - You Need A Self To Understand Others
    00:37:15 - Where Morality Comes From
    00:40:05 - Why Empathy Weakens With Distance
    00:44:41 - We Are Not Trying To Live Longer
    00:49:56 - Can We Solve Alignment?
    00:56:34 - Would Synthesis Make Us Less Unique?
    01:01:44 - Could A Machine Have Rights?
    01:03:56 - Outsourcing Our Mortality
    01:09:35 - Nobody Knows Where To Look
    01:14:00 - Knowledge Frozen In Time
    01:18:22 - Have We Paused Human Development?
    01:22:13 - It Can Never Be Curious
    01:24:05 - Why Do You Send Your Children To School?

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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 KARL FRISTON
    › Selected Papers – https://www.fil.ion.ucl.ac.uk/~karl/
    › VERSES AI – https://www.verses.ai/

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

    #225 - Baroness Susan Greenfield - A Neuroscientist's Warning About AI & Children

    30/10/2026 | 1h 32 mins.
    Have smartphones been a terrible mistake? Are social media and artificial intelligence changing the way our children think, learn and develop? And what happens to humanity when technology removes the need to struggle, imagine and think for ourselves? In this episode Baroness Susan Greenfield, Oxford neuroscientist and member of the House of Lords, explains the impact of digital technology on the human brain. We discuss smartphone addiction, declining attention, the mental health of young people, the importance of resilience, and whether our education system is preparing children for a future that no longer exists.

    We also explore what makes us human, the pursuit of happiness, the importance of imagination, and how to build a better world for the next generation. Susan also shares her deeply personal experience of her mother's Alzheimer's disease and the experimental research she is leading into early diagnosis and potential treatments. Finally, they confront political polarisation, the failings of modern democracy and the responsibilities we have to future generations. At its heart, this is a conversation about whether technological progress is genuinely improving our lives, or whether we're sacrificing the very things that make life worth living.

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    TIMESTAMPS:
    00:00:00 - They Chose Electric Shocks Instead
    00:03:22 - Struggle Shaped Us
    00:05:55 - The Pony She Had To Wait For
    00:11:23 - Was The Smartphone A Mistake?
    00:15:48 - Outsourcing Your Thoughts
    00:19:45 - Deliberately Addictive
    00:20:59 - Should AI Images Be Labelled?
    00:26:20 - The Girl Who Used AI To Get An A
    00:29:20 - Educating For A World That Doesn't Exist
    00:31:48 - Wine, Women And Song
    00:37:04 - Where The Partying Ended
    00:40:29 - Play, Creativity And The Phone
    00:41:32 - The Mental Health Crisis
    00:46:25 - If I Ruled The World
    00:50:35 - You Need Linear Activities
    00:57:15 - AI Has To Be A Tool
    01:05:46 - How You Build An Out-Group
    01:07:44 - The Alzheimer's Work
    01:17:35 - Three To Five Years
    01:27:26 - Our Debt Matters More Than Your Education

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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 SUSAN GREENFIELD
    › Website – https://susangreenfield.com/
    › Neuro-Bio – https://www.neuro-bio.com/
    › Mind Change – https://susangreenfield.com/books/

    SPONSORS
    › IREN – https://www.iren.com/
    › Quo – https://quo.com/pete
    › Arch Public – https://archpublic.com/peter
    › Venice AI – https://venice.ai/lp/mccormack/oct30

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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/

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

    #224 - Frank Wright - The Debt Trap: Inflation, Falling Living Standards & Our Children’s Future

    27/10/2026 | 2h 2 mins.
    Why does working harder no longer feel like getting ahead? Frank Wright returns to discuss Britain’s debt-driven economy, inflation and the squeeze on living standards. We explore his argument that financial power has become detached from productive wealth, while households face rising costs and the next generation inherits the bill.

    We discuss central banking, the offshoring of industry, housing costs and student debt, before turning to what rebuilding Britain would involve: cheaper energy, domestic production, skilled work and a long-term national strategy.

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    TIMESTAMPS:
    00:00:00 - Everything That Destroys You Is A Business Model
    00:01:14 - Migration As An Industry
    00:11:21 - Debt Servitude
    00:13:35 - The Creation Of The Federal Reserve
    00:19:19 - Just A Podcaster And A Banjo Player
    00:25:00 - A Curated, Locked Discourse
    00:28:53 - Replacing Real Wealth With Debt
    00:35:54 - What Happened To Castle Road
    00:38:56 - The Post His Son Showed Him
    00:42:23 - A Society That Lives On Debt
    00:45:01 - Can We Vote Our Way Out?
    00:51:07 - A Declaration Of Independence Moment?
    00:54:18 - Where Is The Money Actually Going?
    00:57:03 - Work Is Joyless
    01:07:20 - The Coming Financial Crisis
    01:09:35 - There Is No First Class Anymore
    01:19:14 - The Family Is The Engine
    01:39:17 - I Can't Promise My Children What I Had
    01:48:39 - The Restaurant Test
    01:52:55 - Could You Be Wrong?

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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 FRANK WRIGHT
    › X/Twitter – https://x.com/frankwrighter

    SPONSORS
    › Venice AI – https://venice.ai/lp/mccormack/oct27

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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 News 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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