Everyday Spy
Episode overview

The Next Global Crisis is COMING. You have been WARNED!

Everyday Spy · 1 August 2026 · 24m · 2 Egleze moments
The Next Global Crisis is COMING. You have been WARNED!
Episode summary

Andrew Bustamante and his guest debate how states build power and what could drive the next major global crisis. Bustamante argues that countries’ national-security priorities can be understood through a “triangle” of power, influence and security, and he disputes the idea that population size is inherently beneficial. He claims that, historically, the United States saw major economic boosts after the Civil War and World War II because large losses of life increased GDP per person, and he suggests Ukraine has become more innovative despite population losses since 2022.

The conversation then turns to democracy and authoritarianism. Bustamante says “democracy” is frequently used as a persuasive label for actions taken in a state’s self-interest, and he argues the United States prioritises its own interests over promoting democratic governance abroad. He defines democracy broadly as people having a say in what happens in their country, while noting that many systems limit or pre-structure political choices. He also argues exporting democracy is difficult across cultures and economic conditions, and suggests trust in democratic institutions is declining as the term is “abused”.

In outlining risks that make the world “more dangerous”, Bustamante points to multipolarity, cryptocurrency (as a driver of conflict and crime), and the rise of authoritarian leadership. On nuclear weapons, he argues they intensify these trends and raises the possibility of a nuclear device or dirty bomb being used by a criminal organisation rather than a state actor.

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2 moments from this episode

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01
Geopolitics

Andrew Bustamante argues population size is not central to national power

Former CIA officer and host Andrew Bustamante rejects the idea that population size is a core driver of national power, describing a “national security triangle” of power, influence and security that, he says, does not include people as a pillar. He claims US economic “boosts” after the Civil War and World War II were linked to mass deaths increasing GDP per person, offering Ukraine as a contemporary example of innovation amid population loss.

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02
Military

Bustamante warns nuclear risk could come from criminals, not states

Andrew Bustamante argues nuclear weapons are not a separate driver of global danger but a “subset” of risks created by multipolar competition, cryptocurrency-enabled crime, and rising authoritarian leadership. He specifically suggests that increased criminal activity could create conditions for a nuclear device or radiological “dirty bomb” to be used by a non-state group rather than a government.

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