There's a lot of strength in the U.S. but there's a lot of froth also. The froth will blow off. We're going to have to face up to some realities that we're not fully facing up to right now.

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When I seemed to be irritable or sad my father would quote the learned Dr. Knight and then say 'Just go to sleep.' Like all smart aleck kids I thought the advice was silly. But as I've grown older I've realized just how smart Knight was.