The SpaceX IPO Fraud: Truly Out of This World.

This episode of UNFTR is an exclusive deep dive into the SpaceX IPO prospectus. It reveals what might be the biggest fraud and money grab in the public markets ever. The baseless $1.77 trillion dollar valuation at a list price of $135 at auction stands to add hundreds of billions of dollars to Elon…

Omnibus (6-8-26).

Max and 99 are back after a week of colds, poison ivy, and Knicks supremacy. They hit headlines on the left’s idea problem, Google’s water pledges and data center backlash, Meta embedding face recognition into its smart glasses app, and Phoebe Bridgers playing MSG. Then they tackle listener emails …

On The Record (6-02-26).

This week we made the case that AI breaks a fundamental economic law: the bigger it gets, the more expensive it is to run, which is the exact opposite of how transformative technologies are supposed to work. The IPO trio of OpenAI, Anthropic, and SpaceX looks less like the next internet and more li…

Omnibus (5-30-26).

Max and 99 return to close out the month with another Omnibus. They hit headlines on the Jacobin AI debate, U.S. complicity in the flotilla torture, and USDA plans, then tackle listener emails on financial repression, mortgage rates, and a stablecoin question from the crypto heist episode. They ran…

On The Record (5-26-26).

This week we looked at the AI capital black hole—three companies with a combined $3 trillion in prospective market cap preparing to go public while public R&D budgets get gutted and the rest of the economy gets starved of investment. Then we checked in on consumer sentiment, which has basically fal…

Omnibus (5-23-26).

Max and 99 are back, again! They hit headlines on Cuba, prediction markets, AI getting booed at graduations, and James Murdoch. Then they tackle listener corrections, emails on data centers and why Americans cling to empire. Plus, they rank their Top 5 things we all pretend are normal but are absol…

The Real Story Behind the Castro Indictment.

The charges against Raúl Castro are the pretext for another invasion into a neighboring country in Latin America. Our sick paternalistic attitude toward the LAC region is a cancer on the world, and it’s clearly not in our own power to put an end to it. In this episode, Max discusses the charges, sp…

Full Clarity: The Crypto Heist Happening Right Under Our Noses.

The Trump family crypto grift moved into high gear by clearing an important legislative hurdle this week. The CLARITY Act officially moved out of committee and now goes to the Agriculture Committee before being paired with the House version and going for a final vote. Despite valiant attempts by El…

On The Record (5-19-26).

This week we dug into the Treasury’s TIC data—the report nobody reads but everybody should—which shows central banks quietly stepping back from U.S. debt while private money fills the gap. That’s a problem when you’re carrying $39 trillion and yields are climbing. Then we looked at what that actual…

Inflation, The Fed and What Comes Next.

Inflation figures came out this week and they were absolutely brutal. April CPI was startling enough, but the Producer Price Index (PPI), which is an indicator of inflation in the pipeline was shocking. Oil reserves are running down to dangerously low levels and it’s clear now that there’s no immed…