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Unf*cking The Republic

The Plumbing of the Financial Markets Is Leaking: Understanding the U.S. Liquidity Crisis.

Unf*cking The Republic

UNFTR Media

Government, News, Politics

4.9683 Ratings

🗓️ 10 November 2025

⏱️ 45 minutes

🧾️ Download transcript

Summary

Max reports on the growing cracks in the financial markets and the unprecedented lengths the Federal Reserve has already gone to in order to stabilize the global financial system. The U.S. is heading toward a full-blown liquidity crisis that threatens to seize up the financial markets. The situation is worsening daily at this point and Trump’s erratic policy decisions are contributing to the destabilization.

View the charts related to this episode.

Chapters

Intro: 00:00:37

Post Show Musings: 00:19:33

Outro: 00:39:38

Resources

Challenger, Gray & Christmas: Challenger Report: September 2025

MacroMicro: US - Hourly Wage Growth by Wage Level

MacroMicro: US - Consumer Price Index (CPI)

MacroMicro: US - Fed Overnight Reverse Repurchase Agreements (ON RRP) Trading Volume

MacroMicro: US - Treasury Yields vs. Fed Funds Rate

MacroMicro: US - Federal Fund Interest Rates

MacroMicro: US - Fed Overnight Reverse Repurchase Agreements (ON RRP) Trading Volume

MacroMicro: US - Fed's Balance Sheet - Liabilities

Fortune: Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says

Video: MTN: Trump in Full Blown Panic as Market Collapse Imminent

Track Star: Zohran Mamdani

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Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is hosted by Max and distributed by 99.

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Transcript

Click on a timestamp to play from that location

0:00.0

You to the end to the FTR.

0:03.1

I'm fucking the Republic, beating people where they are. Left, right, center, make you laugh, make you cry. Max brings the heat of a basic white guy. That's me. Could have run for office, could have got up off his ass. We'd have made something other than a fucking podcast. But here we are, yo, the UNFPR show. Many faces ripping the script with unfuckers around the globe. And Brigitte brings it back for Tom of Govern, let's go

0:24.2

I'm fuckers here we are yo the UNFPR show many faces ripping the script with unfuckers around the globe

0:21.6

and briggity brings it back for Tom of Govern, let's go. I'm fuckers on Connuckers, you're our

0:25.9

fuckers 99. I'm on the fuckers and some fuckers they out like they fucking minds. From New York to

0:30.2

Al-Aggamie Halifax of New Zealand. Say it loud, say it with me. Yo fuck Milton Freedness.

0:37.7

In the last week of October, the plumbing of the financial system broke, and it's still leaking as of the start of November.

0:46.9

If it gets any worse, we might be heading for an epic economic meltdown.

0:52.0

So we're going to break it all down to compare it with past crises and kind of

0:55.7

put it in context of the government shutdown right now, all of the degrading economic data and the

1:01.0

mounting U.S. debt. This is the ultimate peak under the hood that people who run the economy

1:06.9

and the people in the mainstream media don't want you to see. UNFTR.

1:13.6

All right, let's start with the big picture before digging into the pipes that burst in the financial markets to really explain the severity of the situation.

1:24.6

There's a staggering disconnect between the stock market and how the mainstream

1:28.5

media is talking about the economy and what's going on behind the scenes at our major financial

1:33.4

institutions and below the surface of the real economy. Even though some data have been delayed due to

1:40.0

the government shutdown, there are alternative data sources and private releases that give us an

1:44.6

idea of where things stand at the moment. So we know from the Challenger Gray and Christmas

1:48.9

reporting that hiring for this holiday season is expected to be at 2009 levels, the literal peak of

1:55.3

the global financial crisis. We've seen mass layoff announcements from IBM, Target, Amazon, UPS, META, Google, Skydance, Paramount, Intel, and more.

2:06.2

Baby boomers continue to exit the job market at a rate of 10,000 per day.

2:11.7

So despite the lack of data at the moment, the administration is able to claim, at least, that the unemployment rate isn't

...

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