“Normally the Fed ends it. Hiking aggressively, flattening the curve, widening credit spreads, and then the economy rolls.” But this cycle is not quite like the others. “The real credit excesses haven’t been created here, they’ve formed in China, which leaves the Fed in a quandary as the Fed no longer control China."
http://www.zerohedge.com/news/2017-06-04/hedge-fund-cio-normally-fed-would-end-bubble-it-cant-time-one-reason
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.