[bruiseralmighty]

Many institutions are exposed.

Most university loans are federally backed. All home loans are understood to be federally backed since '08 and most low income home loans are officially federally insured as well.

US Treasury bonds which make up a significant portion of pensions and corporate debt are essentially federally insured as well since it is know that the Fed will simply print the dollars needed to cover those debts.

So far higher education, home ownership, pensions, and corporate debt; and those are just the financial exposure. There is not a single financial instrument that doesn't in some way depend on these financial bases working properly other than crypto and perhaps some commodities.