We can only wish it's healthcare
I think there are lots of "banks" out there still playing the rackets like Jamie Diamon because nothing has changed to prevent it. He was the guy who said since 08 "Leave us alone we'll police ourselves" and the story is now the loses on that one bad bunch of bets alone could cost 10 billion. The taxpayers picked up the tab in 08 but I doubt we can or will again anytime soon.
China making a hard landing could hurt, it'a the second largest importer of goods after the US and our bank of last resort. I read that the coal is piling up at their docks, meaning industrial use is down (I guess).
I think worst of all for the US is not another bubble but the fact housing won't re-inflate for years. Boomers retiring and wanting to downsize is a big deal if kids aren't going to buy the big Craker Jack Box on the Cull de Sack because kids can't find a job – there is bound to be an increase in household size and drop in formation as kids stay home instead of moving out - this is becoming a big red flag for growth.
But then maybe the bubble has already burst:
Maybe we can't
blow bubbles anymore because we're just trying to stay afloat: http://marginalrevolution.com/marginalr ... ncome.html