Intro

Post Show Musings

Outro

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.

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&rsquo;s erratic policy decisions are contributing to the destabilization.
<a href="https://www.unftr.com/blog/the-plumbing-of-the-financial-markets-is-leaking">View the charts related to this episode</a>.
Chapters
Intro: 00:00:37
Post Show Musings: 00:19:33
Outro: 00:39:38
Resources
Challenger, Gray &amp; Christmas: <a href="https://www.challengergray.com/wp-content/uploads/2025/10/Challenger-Report-September-2025.pdf">Challenger Report: September 2025</a>
MacroMicro: <a href="https://en.macromicro.me/collections/4/us-employ-relative/51251/average-hourly-earning-quartile">US - Hourly Wage Growth by Wage Level</a>
MacroMicro: <a href="https://en.macromicro.me/charts/10/cpi">US - Consumer Price Index (CPI)</a>
MacroMicro: <a href="https://en.macromicro.me/collections/4238/us-federal/34394/us-fed-onrrp-trading-flow">US - Fed Overnight Reverse Repurchase Agreements (ON RRP) Trading Volume</a>
MacroMicro: <a href="https://en.macromicro.me/charts/762/us-fed-funds-rate-treasury-bonds-rate">US - Treasury Yields vs. Fed Funds Rate</a>
MacroMicro: <a href="https://en.macromicro.me/collections/4238/us-federal/17668/us-fed-fund-interest-rate">US - Federal Fund Interest Rates</a>
MacroMicro: <a href="https://en.macromicro.me/collections/4238/us-federal/34394/us-fed-onrrp-trading-flow">US - Fed Overnight Reverse Repurchase Agreements (ON RRP) Trading Volume</a>
MacroMicro: <a href="https://en.macromicro.me/charts/1320/us-fed-liabilities-structure">US - Fed's Balance Sheet - Liabilities</a>
Fortune: <a href="https://finance.yahoo.com/news/without-data-centers-gdp-growth-171546326.html">Without data centers, GDP growth was 0.1% in the first half of 2025, Harvard economist says</a>
Video: <a href="https://youtu.be/UvAjAOdmzBw">MTN: Trump in Full Blown Panic as Market Collapse Imminent</a>
Track Star: <a href="https://www.youtube.com/shorts/LmqLZzRegVY">Zohran Mamdani</a>
<a href="https://www.unftr.com/memberships">Become A UNFTR Member</a>
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<a href="https://www.unftr.com/5nn">Share the 5NN</a>
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If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: <a href="https://unftr.com/rate">unftr.com/rate</a> and follow us on <a href="https://www.facebook.com/Unfucking-The-Republic-102319714930389">Facebook</a>, <a href="https://bsky.app/profile/unftr.com">Bluesky</a>, <a href="https://www.tiktok.com/@unftrpod">TikTok</a>&nbsp;and <a href="https://www.instagram.com/unftrpod/">Instagram</a> at @UNFTRpod. Visit us online at <a href="https://www.unftr.com/">unftr.com</a>. Join our Discord at <a href="https://www.unftr.com/discord">unftr.com/discord</a>.
Become a member at <a href="https://www.unftr.com/memberships">unftr.com/memberships</a>.
Buy yourself some Unf*cking Coffee at <a href="https://shop.unftr.com/">shop.unftr.com</a>.
Visit our bookshop.org page at <a href="https://bookshop.org/shop/UNFTRpod">bookshop.org/shop/UNFTRpod</a> to find the full UNFTR book list, and find book recommendations from our Unf*ckers at<a href="https://bookshop.org/lists/unf-cker-book-recommendations"> bookshop.org/lists/unf-cker-book-recommendations</a>.
Access the UNFTR Musicless feed by following the instructions at <a href="https://www.unftr.com/accessibility">unftr.com/accessibility</a>.
Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (<a href="https://www.mannyfacesmedia.com">mannyfacesmedia.com</a>). Original music is by Tom McGovern (<a href="http://www.tommcgovern.com/">tommcgovern.com</a>). The show is hosted by Max and distributed by 99.

Unf*cking The Republic® (UNFTR) is dedicated to progressive politics, leftist economic theories, and social justice in the United States. Join us for deep dives into socialism, labor rights, climate justice, and the fight against inequality. Whether you're curious about Marxist ideas, modern social movements, or progressive policies, UNFTR delivers thoroughly sourced critiques, analyses, and interviews with the historical context mainstream media won't provide. Subscribe for informative and unabashedly progressive coverage of the leftist political and economic landscape.

Unf*cking The Republic&reg; (UNFTR) is dedicated to progressive politics, leftist economic theories, and social justice in the United States. Join us for deep dives into socialism, labor rights, climate justice, and the fight against inequality. Whether you're curious about Marxist ideas, modern social movements, or progressive policies, UNFTR delivers thoroughly sourced critiques, analyses, and interviews with the historical context mainstream media won't provide. Subscribe for informative and unabashedly progressive coverage of the leftist political and economic landscape.

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