The Peter McCormack Show

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 inflation, debt, housing policy, bureaucratic expansion, and political incentives work, and why many voters now feel elections don't change direction, only the speed at which things deteriorate.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TIMESTAMPS:
00:00:00 – Collapse Parallels
00:05:09 – Poland's Divergence
00:13:08 – Parallel Realities
00:20:07 – Middle Class Liquidation
00:25:00 – Fake Economies
00:32:11 – Safetyism Trap
00:39:14 – Power Above Politics
00:53:03 – Inflation Life Squeeze
01:12:34 – Industrial Realignment
01:32:51 – Signs of Collapse
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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 IZABELLA KAMINSKA
› X/Twitter – https://x.com/izakaminska
SPONSORS
› IREN - https://www.iren.com/
› Ledger - https://www.ledger.com/
› Gemini - https://gemini.com/
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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-British cause for a generation.
We discuss Farage's leadership, ambition, and record, the danger of movements built around individuals rather than ideas, and why simply breaking the two-party system isn't enough if what replaces it isn't serious, coherent, and capable of governing.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TIMESTAMPS:
00:00:00 – Reform's Fragility
00:01:02 – No Credible Leaders
00:02:18 – Need New Force
00:05:58 – Reform Becomes Establishment
00:10:00 – Voters Sense Decay
00:11:28 – Farage as Campaigner
00:15:13 – Why Parliament Fails
00:20:00 – Selecting Weak Leaders
00:24:06 – Culture Labeled Extremism
00:32:03 – Economy Can't Recover
00:39:32 – Why Reform Would Fail
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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 BEN HABIB
› Website – https://linktr.ee/advanceuk
› Twitter – https://x.com/benhabib6
SPONSORS
› IREN - https://www.iren.com/
› Ledger - https://www.ledger.com/
› Gemini - https://gemini.com/
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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 "psychological warfare" of lockdowns , the indoctrination of "victim culture" in schools , and the reality of two-tier policing that targets political dissidents. 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TIMESTAMPS:
00:00:00 – The Attack
00:03:22 – Lockdowns and "Radicalization" 
00:05:00 – Building a Youth Platform 
00:06:55 – Debt Steals the Future 
00:14:35 – Online Bans and Digital ID 
00:25:28 – Inflation and the Wealth Gap 
00:42:31 – The State Incentives Problem 
00:44:36 – The Campus Incident 
00:54:10 – "You Caused This" Policing Logic 
01:10:00 – University Rules and Coercion 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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 MONTGOMERY TOMS
› X/Twitter – https://x.com/MontgomeryToms
› Website – https://www.montgomerytoms.com/
› Go Fund Me – https://gofund.me/c348faad4
SPONSORS
› IREN - https://www.iren.com/
› Ledger - https://www.ledger.com/
› Gemini - https://gemini.com/
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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 bankruptcy.
We also discuss the "institutional rot" destroying the nation, including the cover-up of the grooming gangs, the "Weimar" economics of money printing, and the deliberate destruction of the middle class. Rupert opens up about his split from Reform UK, the betrayal of the electorate by the "Uniparty," and why we only have until 2029 to save the country from total collapse.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TIMESTAMPS:
00:00:00 – State Vs Electorate
00:01:11 – Incompetence Or Intent
00:03:45 – Brexit Overridden
00:08:19 – Unit Party Exposed
00:12:06 – Chaos Before Change
00:20:06 – Contracts And Corruption
00:31:06 – Money Printing Decay
00:43:43 – Middle Class Squeeze
01:02:19 – Reform Has Failed
01:10:35 – What Happens Next
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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 RUPERT LOWE
› X/Twitter – https://x.com/RupertLowe10
SPONSORS
› IREN - https://www.iren.com/
› Ledger - https://www.ledger.com/
› Gemini - https://gemini.com/
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

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.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
TIMESTAMPS:
00:00 – Introduction
02:34 – Argentina As Warning
05:00 – Anti-Business Drift
23:49 – Black Markets Emerge
44:40 – Credibility Ends Inflation
57:36 – Corruption Normalised
1:17:14 – MMT Political Reality
1:48:21 – Why Saving Dies
2:00:40 – Discipline Over Time
2:54:44 – Pain Enables Reform
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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 EMMANUEL MAGGIORI
› Website – https://emaggiori.com/
› LinkedIn – https://uk.linkedin.com/in/emaggiori
SPONSORS
› IREN - https://www.iren.com/
› Ledger - https://www.ledger.com/
› Gemini - https://gemini.com/
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -