The Peter McCormack Show

Julian Jessop joins me to discuss what has gone wrong with the British economy and whether the country can still turn things around.

Julian argues that Britain’s problems are largely self-inflicted: weak productivity, high taxes, too much regulation, poor energy policy, a bloated state and politicians choosing popular policies over evidence. We discuss why the state has become too big, why the tax system is holding back growth, and why government intervention in housing, energy and the labour market is making people poorer.

I also ask Julian about Reform, the Greens, Labour, the Conservatives, Makerfield, Liz Truss, Milei, the NHS, digital ID, Brexit, AI, free markets and whether Britain still has a path back to economic sanity.

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TIMESTAMPS:
00:00:00 - The State Got Too Big
00:00:57 - What Went Wrong With Britain?
00:03:16 - Productivity, Policy Mistakes and AI
00:04:43 - Did Covid Make Government Too Powerful?
00:06:25 - Is Democracy the Problem?
00:08:10 - Vibe-Based Policy
00:10:21 - Young People and the First Job Problem
00:13:06 - Can Britain Turn This Around?
00:15:36 - Protest Votes and Broken Politics
00:17:29 - Reform’s Policies Under Scrutiny
00:20:15 - The State Helps Big Business
00:21:40 - Britain’s 90 Taxes
00:23:03 - Thatcher, Liz Truss and Economic Competence
00:26:20 - Why Free Markets Are a Hard Sell
00:30:15 - Could Poland Overtake Britain?
00:30:41 - Short-Term Politics and Weak Leadership
00:39:46 - What Is Extreme Now?
00:42:00 - Do Voters Understand the Trade-Offs?
00:45:57 - Does Britain Need a Milei?
00:48:24 - How Big Should the State Be?
00:49:40 - Why People Defend the NHS
00:54:01 - Why Government Tech Fails
00:55:09 - Makerfield, Burnham and Reform
01:01:49 - Restore’s Opportunity
01:04:24 - What Gives Julian Hope?

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CONTACT PETE
› Website – http://petermccormack.com
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CONNECT WITH JULIAN JESSOP
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FILMED BY CURTIS TAYLOR
› https://www.curttaylor.co.uk/
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EDITED BY CONOR MCCORMACK
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Tom Bilyeu joins me to discuss debt, money printing, broken politics, AI, Bitcoin and why the economy feels rigged against ordinary people.

Tom argues that every empire eventually faces the same test: whether it can hold the power of the money printer without printing itself into oblivion. We talk about inflation, the debt cycle, asset prices, populism, Britain’s decline, and why the working and middle class are being squeezed.

We also get into AI and the future of work. I talk through my own recent experience building a system in seven days that would once have taken a full team and hundreds of thousands of pounds, and Tom explains how AI has already changed the structure of his business.

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TIMESTAMPS:
00:00:00 - The Economy Is Rigged
00:01:09 - Are We Driving Off a Fiscal Cliff?
00:03:04 - Debt, Money Printing and Inflation
00:04:36 - The Final Boss of Economics
00:07:02 - America’s Founding and Wealth Extraction
00:10:19 - Can America Be Saved?
00:11:46 - Economics Has Physics
00:16:06 - Debt, Cancellation and Freedom
00:19:03 - The Thucydides Trap
00:21:42 - Politics Has Not Been Disrupted
00:25:15 - Populism and the Shrinking Pie
00:29:07 - Asset Inflation Is Vile
00:35:59 - UK Politics Is Breaking Down
00:40:36 - Is Sweden Really Socialist?
00:42:40 - Where Is the Hope?
00:50:16 - Tom’s View on Bitcoin
00:53:17 - Peter’s AI Eureka Moment
00:57:56 - How AI Changed Tom’s Business
01:03:02 - The Four Futures of AI
01:12:56 - Is Reality a Simulation?
01:24:34 - Tom’s Final Warning

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CONTACT PETE
› Website – http://petermccormack.com
› Feedback – https://www.petermccormack.com/contact
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CONNECT WITH TOM BILYEU
› Twitter – https://x.com/TomBilyeu
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LISTEN / SUBSCRIBE
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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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Frank Wright joins me after going viral for saying that reality, not extremism, is radicalising people.

We discuss Britain’s decline, Restore, Reform, immigration, national identity, liberal democracy, working-class dignity, debt, inflation, the failure of our institutions, and why Frank believes this is the last chance to save the nation.

I push Frank on what it actually means to restore Britain, how you build a big enough tent, why nationhood matters, and how we avoid this ending in conflict.

Whatever your politics, Frank has clearly touched a nerve - and I wanted to understand why.

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TIMESTAMPS:
00:00:00 - Reality Is Radicalising People
00:01:01 - Frank’s Viral Week
00:03:28 - Why People Refuse to See Reality
00:06:44 - Feminism, Childcare and Family
00:10:04 - Propaganda in the West
00:16:30 - Factists, Fascists and Utopia
00:21:09 - Liberal Rights and Reality
00:29:59 - What Does Frank Wright Want?
00:36:31 - What Radicalised Frank?
00:44:53 - Reform, Restore and Machine Politics
00:49:04 - Rupert Lowe and “I Don’t Care”
00:52:23 - The Cost of Saying Nothing
00:54:45 - Reform vs Restore
01:00:27 - Is Populism Enough?
01:14:49 - Surrogacy and the Commodification of Life
01:18:38 - Who Really Runs Britain?
01:24:03 - The Cost of Truth
01:27:23 - Are We Finished?
01:33:22 - Why Nationhood Matters
01:38:16 - Working-Class Dignity
01:47:00 - Restore in Makerfield
01:57:22 - Will Frank Wright Become an MP?
02:04:23 - Why Government Can’t Govern
02:18:21 - Debt, Inflation and the Middle Class
02:29:45 - Frank’s Final Warning

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CONTACT PETE
› Website – http://petermccormack.com
› Feedback – https://www.petermccormack.com/contact
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› Instagram – /mccormack555
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CONNECT WITH FRANK WRIGHT
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› Twitter – https://x.com/frankwrighter

SPONSORS
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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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Simon Dixon joins me to discuss AI, Bitcoin, algorithms, media capture, central banking, programmable money, geopolitics and how to escape the system. Simon argues that the world is moving towards a more centralised architecture of artificial intelligence, social credit scores, programmable money and financial control.

Simon and I discuss why AI may be the most important opportunity of our lifetime, how small businesses can now build tools that once required entire teams, why politics may no longer be the route to change, and why the answer may be to build with AI, own assets that cannot easily be captured, and become sovereign.

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TIMESTAMPS:
00:00:00 - Take the Golden Pill
00:01:22 - Are We Slaves to the Algorithm?
00:02:50 - Freedom of Speech, Not Freedom of Reach
00:07:27 - Is Media Just About Power?
00:10:00 - Why Scale Gets Captured
00:13:08 - Bitcoin, Self-Custody and Sovereignty
00:17:29 - What Is at Stake?
00:18:49 - Is AI Different from the Internet?
00:20:11 - Building With AI
00:25:18 - AI and the Software Apocalypse
00:26:33 - You’re Done, You’re Cooked
00:30:49 - These Companies Can Turn You Off
00:31:37 - Is China Winning Open-Source AI?
00:36:53 - Money Printing, BlackRock and the Fed
00:40:05 - World War III or Currency War?
00:48:01 - The Petrodollar Is Breaking
01:01:20 - Before It Was Ships, Now It’s AI
01:05:26 - Politics Is Gone
01:18:54 - London Is Cooked
01:29:43 - The Golden Pill
01:44:52 - Advice to Young People

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CONTACT PETE
› Website – http://petermccormack.com
› Feedback – https://www.petermccormack.com/contact
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› Instagram – /mccormack555
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CONNECT WITH SIMON DIXON
› Website – https://www.simondixon.com/
› Twitter – https://x.com/SimonDixonTwitt

SPONSORS
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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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Lord Malcolm Offord joins me to discuss why Britain and Scotland have stopped creating wealth.

They discuss state spending, political fragmentation, Scotland’s elections, Adam Smith, The Wealth of Nations, QE, the Bank of England, first jobs, minimum wage, small businesses, quangos, the managerial class, Reform, the Greens, America, and whether Britain needs a welfare economy or a wealth economy.

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TIMESTAMPS:
00:00:00 - Britain Forgot How to Create Wealth
00:01:01 - Two Revolutions at Once
00:01:36 - Is Democracy Fragmenting?
00:05:36 - Is the State Too Dysfunctional to Deliver?
00:07:30 - Spending More and Getting Less
00:08:42 - Scotland’s Political Warning
00:10:06 - “I Won’t Vote for Decline”
00:11:22 - Britain Has Stopped Creating Wealth
00:13:21 - How to Think vs What to Think
00:16:50 - Why First Jobs Matter
00:23:12 - Business Prevention Officers
00:27:14 - Trickle-Up Economics
00:30:34 - QE Protected the Rich
00:37:31 - The Managerial Class
00:40:48 - Parliament vs the Public
00:44:42 - Why Voters Are Fed Up
00:50:28 - Can Reform Fix the System?
00:55:05 - Welfare Economy vs Wealth Economy
00:58:37 - Can the State Get Any Bigger?
01:04:34 - Britain Is Being Left Behind

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CONTACT PETE
› Website – http://petermccormack.com
› Feedback – https://www.petermccormack.com/contact
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CONNECT WITH MALCOLM OFFORD
› Twitter – https://x.com/Malcolm_Offord

SPONSORS
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LISTEN / SUBSCRIBE
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› 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.