Conversations with Peter Boghossian The West Has Descended into Fantasy Politics w/ Philip Pilkington
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Jul 16, 2025 In this engaging discussion, Philip Pilkington, an insightful author and public intellectual, delves into the theme of 'fantasy politics' plaguing the West. He presents striking observations about societal decline, asserting that 68% of Britons view their country as 'fundamentally broken.' The conversation critiques flawed inflation measurements that misrepresent economic realities and warns of potential borrowing crises in Britain and the U.S. Additionally, Pilkington sheds light on the declining influence of the dollar and the widening gap between politicians and the public.
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Britain Seen as Fundamentally Broken
- 68% of British people think their country is fundamentally broken, indicating deep systemic issues.
- This sentiment reflects an absolute decline in the UK's economic and societal stability.
Inflation Measures Understate Hardships
- Inflation measures are misleading because they exclude major expenses like mortgage and car loans.
- Food and energy costs have soared, hitting people’s living standards much harder than official stats reveal.
Currency and Borrowing Crises Loom
- Britain risks a currency collapse due to borrowing crises despite lower debt ratios than countries like Japan.
- The US dollar is declining against other currencies, signaling a loss of its reserve currency status.