{"podcast":{"title":"The Peter McCormack Show","slug":"the-peter-mccormack-show-525419","podcast_index_feed_id":525419,"rss_url":"https://feeds.acast.com/public/shows/69d4f193b76468caacc5068f","website_url":"https://www.petermccormack.com/","image_url":"https://assets.pippa.io/shows/69d4f193b76468caacc5068f/show-cover.jpg","author":"Peter McCormack","episode_count":1075,"summary":"The Peter McCormack Show - politics, macro, Bitcoin and AI, long-form interviews. Twice-weekly conversations about money, power, and the shifts reshaping the next decade. Peter McCormack interviews politicians, economists, investors, journalists, founders and Bitcoiners. Past guests include Liz Truss, Lyn Alden, Curtis Yarvin, Matt Goodwin, Mike Green, Balaji Srinivasan, Rupert Lowe, Firas Modad, Scott Horton, Jeff Booth, Connor Leahy, Andrea Miotti, Neema Parvini, Dr Tim Gregory and Simon Dixon. Recurring threads: the debt and inflation endgame, UK political collapse and what comes after, Reform and the populist wave, the Middle East and the American war machine, AI safety and the race for superintelligence, energy and net zero, Bitcoin adoption and policy, and the slow-motion decline of Western institutions. Long-form - most episodes run 60 to 120 minutes. New episodes 2 to 3 times per week. Video on YouTube and Spotify. Host: Peter McCormack, a retired rapper from Bedford, UK, trying to understand this crazy world. Hosted on Acast. See acast.com/privacy for more information.","last_synced_at":"2026-07-31T06:19:00.527164+00:00","page_url":"https://stenobird.com/podcast/the-peter-mccormack-show-525419"},"episode":{"title":"#153 - Luke Gromen - The AI-Debt Collision Breaking the Financial System","slug":"153-luke-gromen-the-ai-debt-collision-breaking-the-financial-system","published_at":"2026-03-04T18:06:00+00:00","page_url":"https://stenobird.com/podcast/the-peter-mccormack-show-525419/153-luke-gromen-the-ai-debt-collision-breaking-the-financial-system","show_page_url":"https://stenobird.com/podcast/the-peter-mccormack-show-525419","url":"https://whatbitcoindid.libsyn.com/153-luke-gromen-the-collision-of-ai-and-debt-navigating-a-new-economic-cycle","audio_url":"https://sphinx.acast.com/p/open/s/69d4f193b76468caacc5068f/e/069ee791-61e3-4151-b499-2754e7bbe08c/media.mp3","summary":"Governments aren't going to pay this debt down in real terms. More likely, they pay it back in weaker money. Luke Gromen argues we're already deep into a sovereign debt cycle - and that AI could speed up the moment it really starts to crack. In this interview we discuss how the system works: leverage, entitlements, interest costs, bond markets - and what happens when deflation hits an economy that depends on inflation to stay upright. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - TIMESTAMPS: 00:00:00 – Debt Reality 00:01:57 – Math vs Politics 00:06:26 – Already In It 00:08:51 – Japan Warning 00:14:38 – Acute Phase Risk 00:15:32 – What To Do 00:21:33 – End Of The Cycle 00:34:13 – AI Disruption 00:40:20 – 2007 Parallel 00:49:07 – UBI & Politics 00:58:02 – Sovereign Insolvency 01:08:26 – Meaning & Collapse - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - CONTACT PETE › Website – http://petermccormack.com › Feedback – https://www.petermccormack.com/contact › Email – me@petermccormack.com › Instagram – /mccormack555 › X/Twitter – https://x.com/petermccormack/ CONNECT WITH LUKE GROMEN › X/Twitter – https://x.com/LukeGromen › Website – http://fftt-llc.com/ SPONSORS › IREN - https://www.iren.com/ › Ledger - https://www.ledger.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 - - - -…","meta_description":"Governments aren't going to pay this debt down in real terms. More likely, they pay it back in weaker money. Luke Gromen argues we're already deep into a…","key_points":[],"chapters":[],"topics":[],"duration_seconds":4932,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-peter-mccormack-show-525419/episodes/153-luke-gromen-the-ai-debt-collision-breaking-the-financial-system/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-peter-mccormack-show-525419/153-luke-gromen-the-ai-debt-collision-breaking-the-financial-system.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}