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green_sky said:
mai said:
BraveNewWorld said:

LOL, no. Their housing bubble is about to burst.

No sh*t! And US Treasuries pyramid is stable as ever?

Actually the pyramid has been most stable in almost a decade. Federal deficit has shrunk to lowest levels in 8 years. What that means is reduced stimulus spending. Thus, leading to pyramid looking more triangly or whatever shapes they are.

Federal deficit going down is all nice and adorable, even though in case of the US it's like saying "I'm successfully shifted from heroin to methadone", but national debt not even main contributor to said pyramid. Problem remains and it outclasses Chinese housing bubble (not that US economy doesn't have it's fair share of similar-sized bubbles like shale gas for example).