The Peter McCormack Show

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 removed from office and whether Britain can reverse its current trajectory.

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TIMESTAMPS:
00:00:00 - Who Has Power
00:02:09 - 25 Years Stagnation
00:07:13 - “I Was Vindicated”
00:12:04 - Politicians vs Blob
00:16:52 - Anti-Establishment Movement
00:22:29 - Bank of England Power
00:30:46 - Leadership vs Movement
00:37:20 - How The System Controls
00:46:44 - Who Runs Government
00:54:28 - Reversing The System
01:00:01 - Consequences of Decline
01:04:59 - Debt Crisis Risk

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CONTACT PETE
› Website – http://petermccormack.com
› Feedback – https://www.petermccormack.com/contact
› Email – [email protected]
› Instagram – /mccormack555
› X/Twitter – https://x.com/petermccormack/

CONNECT WITH LIZ TRUSS
› Website – https://www.cpac.org/int/greatbritain/home
› Twitter – https://x.com/trussliz

SPONSORS
› IREN - https://www.iren.com/
› LEDN - https://www.ledn.io/
› Monetary Metals - https://www.Monetary-Metals.com/McCormack

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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.

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 inflation quietly shifts the cost onto ordinary people and the incentives that keep the cycle going. Lastly, Scott explains the role of media, the relationship between politics and defence spending, and why these conflicts continue even when public support is weak.
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TIMESTAMPS:
00:00:00 - Perpetual War System
00:02:00 - Hidden War Tax
00:05:00 - Debt Spiral
00:08:00 - Empire Costs
00:09:30 - War & Inflation
00:25:00 - Cost Of War
00:28:40 - Iron Triangle
00:33:10 - “It’s A Racket”
00:43:30 - Emotional Toll
01:02:10 - Any Hope Left
01:05:00 - How It Ends
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CONTACT PETE
› Website – http://petermccormack.com
› Feedback – https://www.petermccormack.com/contact
› Email – [email protected]
› Instagram – /mccormack555
› X/Twitter – https://x.com/petermccormack/
CONNECT WITH SCOTT HORTON
› Website – https://scotthortonacademy.com/
› Twitter – https://x.com/scotthortonshow
SPONSORS
› IREN - https://www.iren.com/
› Monetary Metals - https://www.Monetary-Metals.com/McCormack
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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.

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 inflation quietly shifts the cost onto ordinary people and the incentives that keep the cycle going. Lastly, Scott explains the role of media, the relationship between politics and defence spending, and why these conflicts continue even when public support is weak.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TIMESTAMPS:
00:00:00 - Perpetual War System
00:02:00 - Hidden War Tax
00:05:00 - Debt Spiral
00:08:00 - Empire Costs
00:09:30 - War & Inflation
00:25:00 - Cost Of War
00:28:40 - Iron Triangle
00:33:10 - "It's A Racket"
00:43:30 - Emotional Toll
01:02:10 - Any Hope Left
01:05:00 - How It Ends
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
CONTACT PETE
› Website – http://petermccormack.com
› Feedback – https://www.petermccormack.com/contact
› Email – [email protected]
› Instagram – /mccormack555
› X/Twitter – https://x.com/petermccormack/
CONNECT WITH SCOTT HORTON
› Website – https://scotthortonacademy.com/
› Twitter – https://x.com/scotthortonshow
SPONSORS
› IREN - https://www.iren.com/
› Monetary Metals - https://www.Monetary-Metals.com/McCormack
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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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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 retirement system is forcing a massive generational wealth crisis.
Mike also explains the brutal economic realities of the Middle East conflict, how monopolies have secretly captured free-market capitalism and reveals a new data point: how corporations are actively using AI to eliminate jobs for the younger generation.
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TIMESTAMPS: 00:00:00 - System Feels Broken 00:01:58 - War Hits Your Wallet 00:06:22 - Power And Control 00:10:45 - Retirement Was Rewired 00:15:55 - The Market Tipping Point 00:20:08 - Why Nothing Works 00:24:00 - Capitalism Got Captured 00:33:28 - The Real Problem 00:35:47 - AI Changes Everything 00:44:00 - The Fed Is Trapped 00:51:12 - The Credit Unwind 00:59:47 - What Happens Next
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CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – [email protected] › Instagram – /mccormack555 › X/Twitter – https://x.com/petermccormack/
CONNECT WITH MIKE GREEN › Website – https://www.simplify.us › Twitter – https://x.com/profplum99 › Substack – https://substack.com/@michaelwgreen
SPONSORS › IREN - https://www.iren.com/ › Monetary Metals - https://www.Monetary-Metals.com/McCormack
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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.

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 the working class to subsidise sovereign debt, why we are re-entering a 1940s-style era of financial repression, and how corporations (like Coca-Cola) use debt to actively "short" the currency you are forced to save in.
We also discuss the hidden math behind the cost-of-living crisis, why the system must "grow or die," and how to protect your wealth.
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TIMESTAMPS: 00:00:00 – Slow Financial Collapse 00:02:00 – How Money Actually Works 00:07:30 – End of Gold System 00:12:30 – Why Life Feels Harder 00:18:20 – The Debt Trap 00:26:00 – Who Really Wins 00:34:00 – Why System Persists 00:41:00 – Crisis & Bailouts 00:48:30 – System "Resembles Theft" 00:59:20 – Default Explained 01:10:30 – Bitcoin & Alternatives
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CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – [email protected] › Instagram – /mccormack555 › X/Twitter – https://x.com/petermccormack/
CONNECT WITH LYN ALDEN › Website – https://www.lynalden.com/ › Twitter – https://x.com/LynAldenContact
SPONSORS › IREN - https://www.iren.com/ › Saily - https://saily.com/peter › Ledger - https://www.ledger.com/ › Monetary Metals - https://www.Monetary-Metals.com/McCormack
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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.