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LuLeVan

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LuLeVan

Re: Rodney5 post# 768057

Friday, 09/15/2023 12:43:05 PM

Friday, September 15, 2023 12:43:05 PM

Post# of 797320

"That argument is about as stupid as it gets."


I don't think so. The only way to make JPS worthless would be receivership. This, in turn, could lead to panic selling of Fannie and Freddie MBS, which would trigger a severe crisis in the U.S. mortgage market. It should be clear that no U.S. politician is interested in such chaos.
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