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Re: tutt1126 post# 711206

Friday, 02/11/2022 8:45:09 AM

Friday, February 11, 2022 8:45:09 AM

Post# of 797309
Guido2 corrected you on the GDP analogy. But there is no doubt of the economic significance of GSE debt in global credit markets.

The significance of solvency IMO is tied to the United States being the world’s reserve currency. This designation accounts for an estimated annual 10% of USA GDP.