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But This Time It's Different

by Brought to you by Sinead O'Sullivan and Alex Chalmers
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Latest episodes

  • Why Bother Voting? Democracy Has Left the Group Chat

    July 10, 2025 · 58 min

    What is democracy, really—and is it still working? In this episode, Sinead chats to legendary hedge fund manager Eric Lonergan while Alex is on vacation. They poke and prod around the big questions about democracy today. From crumbling…

  • Stocks Up, Spirits Down: What is driving the S&P500 prices

    July 2, 2025 · 59 min

    In this episode, Sinead and Alex dive into the dystopian world of modern finance—where the stock market hits record highs while everyone you know is broke. They discuss the Federal Reserve shenanigans, the quiet power of pension funds, and…

  • The B-2 Spirit: Stealth mode ACTIVATED!

    June 24, 2025 · 34 min

    In this episode, Sinead and Alex unpack the recent U.S. airstrike on Iranian nuclear facilities—with a little help from everyone's favorite $2 billion flying triangle: the B-2 Spirit stealth bomber. They dive into what makes the B-2 a…

  • Building Nukes... for Dummies

    June 19, 2025 · 32 min

    In this episode, Sinead and Alex cheerfully dive into the totally chill, everyday task of building your very own nuclear weapons program. They unpack the shady dealings of the nuclear black market, explain why "DIY nuke kits" haven’t quite…

  • Diamonds Are Not Forever: The Collapse of a Sparkling Empire

    June 12, 2025 · 25 min

    In this episode, Sinead and Alex dig into the collapse of the diamond industry, where natural stones are losing their luster and lab-grown gems are stealing the show.  They unpack how Gen Z’s love of sustainability, customization, and not…

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  • How To Smuggle A Diamond: From Blood Mines to Bling Lines

    June 10, 2025 · 26 min

    In this episode, Alex and Sinead crack open the glittering facade of the diamond smuggling world. From mine to market, diamonds are sold as symbols of eternal love and ethical sourcing. But behind the velvet-lined counters lies a murky…

  • A State of Chaos: Yemen Edition

    June 5, 2025 · 27 min

    In this episode, Sinead and Alex plunge into Yemen: a country that's mastered the art of existing without actually functioning. From Ali Abdullah Saleh’s impressive 30-year dance atop a pit of political vipers, to the rise of the Houthis…

  • Zero to Zero Margin in 3.8 Seconds: The Rise and Fall of China's Electric Vehicle Market

    June 3, 2025 · 27 min

    In this episode, Sinead and Alex take you on a high-voltage joyride through China’s EV empire: from lithium-fueled ambition to zero-margin chaos. They unpack how China leapfrogged the combustion engine, built a vertically integrated tech…

  • Universities as Hedge Funds: Ivy Towers and Illiquid Assets

    May 29, 2025 · 23 min

    In this episode, Sinead and Alex unpack how university endowments went from sleepy ivory tower piggy banks to Wall Street-grade investment machines. They trace the rise of the Yale model, poke fun at Columbia’s lackluster (cough) returns…

  • Escape from the Rainbow Nation: South Africa's Fracturing Narrative

    May 27, 2025 · 28 min

    In this episode, Sinead and Alex wade into the wonderfully messy world of South African politics, where historical memory collides with present-day power plays. From whispered asylum policies for white Afrikaners to the ANC’s crumbling…

  • Hire-a-Pirate: The Billion-Dollar Business of Maritime Security

    May 22, 2025 · 21 min

    In this episode, Sinead and Alex dive headfirst into the murky, lightly armed world of private maritime security, which the global capitalist system now relies on for the movement of our goods, and where ex-special forces guys named Gary…

  • Air Force: Won? How a Plane Became a Brand, a Gift, and a Crisis

    May 20, 2025 · 25 min

    In this episode of But This Time It’s Different, Sinead and Alex board the wildest diplomatic flight of the year: Qatar’s luxury 747-8, recently “gifted” to the United States for use as Air Force One. They unpack the geopolitical theater…

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About the show

But This Time It’s Different is where we unpack the truth behind the wrong, late or wilfully blind stories we’re told- about progress, markets, governments, and tech- with apparently sharp analysis and dark humor.