Financial Crash Expert: He Predicted The 2008 Crash, Now He Says Capitalism Failed, It’s Too Late!
- Aug 20, 2026
- 1:34:00
- Full Episode
Is the West collapsing, or is the planet? Political commentator Konstantin Kisin and rebel economist Steve Keen go head-to-head on the biggest questions facing the West: immigration, the debt crisis, climate change, Trump, China and the future of AI.
Konstantin Kisin is a satirist, social commentator and author, best known as the co-host of the Triggernometry podcast and the author of ‘An Immigrant’s Love Letter to the West’. Born in the Soviet Union and now based in Britain, he has become one of the most prominent voices on free speech, culture and the rise of populism.
Steve Keen is an economist, author and one of the most vocal critics of mainstream economic thinking. A former Professor of Economics, he is the author of several books including ‘Debunking Economics’ and ‘The New Economics: A Manifesto’, and is currently writing his upcoming book ‘How Economists Will Destroy Capitalism’. He is known for his work on private debt, financial crises and the failures of conventional economic models, and for correctly warning of the 2008 financial crash.
They debate: ◼ Why almost everything governments tell you about debt and borrowing could be wrong ◼ Whether a socialist government could actually be good for the economy ◼ Why AI could quietly strip away human free will ◼ Why Konstantin believes mass immigration is pushing the West toward civil unrest ◼ Why Steve thinks climate change, not politics, is the real threat that dwarfs everything else
00:00:00 Intro 00:02:25 We're on the Road to Civil Unrest 00:08:24 Where This Leads: Unrest and Violence 00:11:31 I Grew Up in the Soviet Union 00:12:32 Steve Keen: Capitalism Is About to Fail 00:21:09 "We're Not Spending Enough" 00:24:18 Should Britain Drill in the North Sea? 00:28:59 "You Can't Defend Yourself Against This" 00:33:08 The World Government Admission 00:37:15 "Brace for Impact" - Climate Change Is Here 00:40:23 "It's Too Late" - What Breakdown Looks Like 00:45:31 The Trap Trump Walked Into 00:49:09 The Famine He Says Is Coming 00:51:13 How Does Trump Get Out of This? 00:53:55 Does America Need a Socialist President? 00:55:57 Why China Works and the Soviet Union Didn't 01:01:30 "Would You Prefer the Chinese System?" — "Yes" 01:05:29 Will Andy Burnham Change Britain's Trajectory? 01:11:20 Wokeism: A Hierarchy of Oppression 01:13:50 AI, Mass Unemployment and The Hunger Games 01:17:41 Best Case a Pet, Worst Case a Cow 01:21:14 Can You Program Love Into an AI? 01:26:27 Nobody Can Stop It So How Do You Live?
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Brief Summary
Political polarization, civil unrest, immigration, and AI's impact are discussed with Steve and Constantine.
Key points
- The Rise of the Right. Political polarization is leading to a more extreme right-wing movement globally.
- Understanding Communism. A personal perspective on the failures of communism from someone who experienced it.
- The Role of Government Spending. A debate on whether the UK government should increase spending on infrastructure and welfare.
- Energy and Economic Growth. Discussing the link between energy production and economic prosperity, especially in the UK vs. the US.
- The Limits to Growth Report. Reflecting on the missed opportunities from the 1972 Limits to Growth study.
- The Inevitable Climate Crisis. A discussion on the inevitability of climate change and the need for urgent action.
Episode highlights
- The Rise of the RightPolitical polarization is leading to a more extreme right-wing movement globally.“The right is getting more right than ever.”10:42Aug 20, 2026
- Understanding CommunismA personal perspective on the failures of communism from someone who experienced it.“I grew up in the Soviet Union, so yes, I do think communism is bad.”11:36Aug 20, 2026
- The Role of Government SpendingA debate on whether the UK government should increase spending on infrastructure and welfare.“The government should be spending more money on education, welfare, infrastructure.”21:21Aug 20, 2026
- Energy and Economic GrowthDiscussing the link between energy production and economic prosperity, especially in the UK vs. the US.“If energy goes up, so does gross world product.”33:02Aug 20, 2026
- The Limits to Growth ReportReflecting on the missed opportunities from the 1972 Limits to Growth study.“If we'd actually taken the advice of the engineers who wrote that report...”37:02Aug 20, 2026
- The Inevitable Climate CrisisA discussion on the inevitability of climate change and the need for urgent action.“Brace for impact. That's the advice I've given.”38:36Aug 20, 2026
- Trump's Presidency at StakeThe conversation delves into how Trump's decisions may tarnish his presidency more than any other issue.“Do you think this is going to completely tarnish his presidency?”51:13Aug 20, 2026
- China vs. America: A ComparisonThe speakers discuss the differences in political freedom and economic success between China and the U.S.“Would you prefer a Chinese system to America? Yes.”1:01:32Aug 20, 2026





