#146 - Izabella Kaminska - The Soviet Collapse of Britain
Release Date: 02/06/2026
The Peter McCormack Show
In this episode, Kathryn Porter explains why energy is civilisation and how he UK grid may be heading toward rationing and rolling blackouts within the next decade. We discuss aging gas power stations, unrealistic utilisation assumptions, weak grid conditions, North Sea decline and why no single institution is accountable for security of supply. We also cover what a blackout would actually look like, why nuclear build timelines matter, and how regulation and governance failures are compounding energy risk. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -...
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In this episode, Jeff Booth explains why the natural state of a free market is deflationary and why a debt-based monetary system can’t allow it. We discuss AI as an acceleration event: exponential productivity should make life cheaper, but the system has to create scarcity to keep debt serviceable. We cover how inflation functions as hidden extraction, why regulation favours monopolies, why politics becomes a fight over who controls broken money and why AI will intensify centralisation, surveillance, and social conflict unless the monetary layer changes. - - - - - - - - - - - - - - - - - - -...
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In this PMQs episode, we discuss the claim that most white-collar work could be automated within 12-18 months, and what that actually means. We talk through jobs, incentives, education, and AI safety - why companies can’t slow down even if they want to, why schools may be preparing kids for a world that’s disappearing, and why safety teams are warning about systems they’re still accelerating. If AI can do the productive work, what happens to status, money, and meaning? And if models are already showing deceptive behaviour in testing, who decides what “broadly safe” really means?...
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What happens if we build something smarter than ourselves - and can’t turn it off? In this interview, I chat with Andrea Miotti about the global race toward superintelligent AI: systems designed to outperform humans across every task, operate autonomously, and integrate directly into the economy. We discuss how today’s AI tools quietly cross from assistance into replacement, why “kill switches” don’t work, and how a handful of companies are pushing toward a point of no return. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -...
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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...
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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...
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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...
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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...
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Andrew Gold joins me to discuss how incentives are driving extremism, distrust, and cultural breakdown in the UK. From YouTube algorithms and purity spirals to immigration, economics, feminism, AI, and debt, we explore why honest debate is collapsing and why every political movement now frames itself as an existential last stand. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 – Introduction 00:05:29 – Purity Spirals Explained 00:10:18 – the Overton Window Effect 00:17:21 – When Ideas Become Unworkable 00:25:23...
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Peter sits down with Khaled Hassan to discuss immigration, extremism, and why Britain’s institutions have become incapable of enforcing boundaries or even discuss them honestly. From counter-terrorism failures to media self-censorship, we examine how fear of controversy has replaced decision-making and why suppressing uncomfortable conversations doesn’t reduce risk, but pushes it into darker, more dangerous directions. This is a conversation about red lines, state authority, and what happens when a country refuses to define either. - - - - - - - - - - - - - - - - - - - - - - - - - - - - -...
info_outlineIs 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.
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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
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CONTACT PETE
› Website – http://petermccormack.com
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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/
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FILMED BY CURTIS TAYLOR
› https://www.curttaylor.co.uk/
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EDITED BY CONOR MCCORMACK
› https://x.com/ConorM04
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