Britain Is Headed For A Financial Meltdown - Allister Heath

TRIGGERnometry

Konstantin Kisin & Francis Foster

News, Politics, Society & Culture

4.6 • 2.6K Ratings

🗓️ 14 September 2025

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

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Summary

Allister Heath is a French-British journalist and commentator, known for his free-market views and sharp critiques of UK politics. He’s the editor of The Sunday Telegraph and a former editor of City A.M., with a background in economics from LSE and Oxford. Triggernometry is proudly independent. Thanks to the sponsors below for making that possible: - Hirsch Organic Grass Fed Beef Organ Supplement: get 10% off at https://hirschorganic.com/pages/trigger - Protect your wealth with The Pure Gold Company. Get your free investor guide at https://pure-gold.co/trigger - Book your tickets at battleofideas.org.uk. Use code TRIGGER25 for a 20% discount on all tickets. Join our exclusive TRIGGERnometry community on Substack! https://triggernometry.substack.com/ OR Support TRIGGERnometry Here: Bitcoin: bc1qm6vvhduc6s3rvy8u76sllmrfpynfv94qw8p8d5 Shop Merch here - https://www.triggerpod.co.uk/shop/ Advertise on TRIGGERnometry: [email protected] Find TRIGGERnometry on Social Media: https://twitter.com/triggerpod https://www.facebook.com/triggerpod/ https://www.instagram.com/triggerpod/ About TRIGGERnometry: Stand-up comedians Konstantin Kisin (@konstantinkisin) and Francis Foster (@francisjfoster) make sense of politics, economics, free speech, AI, drug policy and WW3 with the help of presidential advisors, renowned economists, award-winning journalists, controversial writers, leading scientists and notorious comedians. 00:00 - Introduction 07:15 - Things Have To Get Worse 14:15 - People Don't Understand The Level Of Debt We're In 19:42 - We're Going To Have Real Austerity 27:24 - Labour Isn't Capable Of Reducing Spending 35:41 - The Left Doesn't Understand Economics 41:25 - What Does Reform Need To Do To Succeed? 48:29 - How Much Of An Impact Can Jeremy Corbyn's Party Make? 53:52 - Words Matter! 01:00:14 - What's The One Thing We're Not Talking About That We Really Should Be? Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's impossible to be anything other than extremely pessimistic about the future of Britain.
0:07.0	We've destroyed what used to be the best economy in Europe and has been destroyed by disastrous government policy from both Labour and the Conservatives.
0:15.0	The political establishment has effectively lied to the public by selling them a vision of this country that can't be afforded.
0:22.6	And that is a ticking time bomb. The House of Cards will crumble because of the debt crisis.
0:27.6	When you travel to America, they can't believe how poor the British middle classes are.
0:32.6	They cannot believe what the average wage in Britain is.
0:35.6	And they look at us and it's pathetic, frankly.
0:38.9	In other words, the government can't keep the peace and can't put criminals in jail, but it can
0:43.8	put you in jail.
0:46.9	Relax. Relax. This isn't an ad. If you're not a fan of ads but love trigonometry,
0:52.3	join the thousands of Trigonometry members
0:55.0	who get extended interviews, no ads, early access, and the ability to submit questions for
1:00.6	upcoming guests. Sign up now at Triggerpod.co.uk. Or click the link in the description of this
1:07.5	episode. Alistair, welcome Trigonometry. Well, thanks for having me. Oh, it's great to have you on. You are one of the most interesting commentators in British journalism for my money. I love reading your column. You have a French accent. We won't hold that against you. Thank you. I really appreciate it. Most people do, you know. Or they think I'm Belgium or something. Yeah. Well, I would hold
1:28.6	being Belgian against you, but having a French accent is tolerable, particularly given some of
1:33.2	your interesting opinions. So it's great to have you on the show. You've been writing a lot
1:37.0	about something that our former guest Liam Halligan has been writing about as well, which is
1:41.8	that economically things are just heading in this country in a very bad
1:45.7	direction. Most people aren't aware of this because most people don't look at bond yields and all
1:50.0	of these other things. But I think you make a very credible case for why we're actually heading
1:53.9	for a financial meltdown. Yes. I mean, I think the situation is grave. I think it's very,
1:58.6	very bad. It can be summarised very simply. Public spending is
	...

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