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  • Pathetic reasoning.There is one reason and one reason alone that China, Japan, Saudi Arabia and other countries buy Treasuries and that reason is, when the U.S. runs fiscal deficits those deficits add to the savings of the non-governmental sector (domestic and rest of the world) to the penny.In other words, if the U.S. government rusns a $1.3 trillion deficit, then the non-government (domestic and
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