The Peter McCormack Show PMQs #008 – Why the Financial World Order is Shifting
Jan 14, 2026
Conor McCormack, a regular co-host known for his sharp insights on politics and economics, joins in a riveting discussion about the chaotic state of global governance. They explore the drawbacks of a failing debt-based system that exacerbates inequality and fosters political instability. Conor critiques Keir Starmer's leadership, while they both debate the implications of government crackdowns on free speech. The conversation touches on the limitations of elections in enacting real change, emphasizing that true reform requires a shift in financial architecture and societal incentives.
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Politics As Symptom Of Financial Failure
- The episode frames current political chaos as a symptom of a failing debt-based financial system rather than simple leadership failure.
- Peter McCormack argues this system concentrates wealth and forces governments to manage decline and tighten control.
Power Delegated To Unelected Bodies
- Regulatory bodies like Ofcom act with delegated power and limited democratic accountability, making them targets for criticism.
- The hosts argue that unelected institutions shaping speech and media reduce public control over discourse.
Control Tightens As Systems Break
- When institutions lose legitimacy, governments increase control to maintain power and manage decline.
- The hosts link domestic authoritarian moves like online regulation to efforts to hold a failing financial order together.
