"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"
About this Quote
The line “The froth will blow off” is a cold promise: gravity is undefeated. It suggests an impending correction that won’t be negotiated away by optimism or managed messaging. Sachs isn’t predicting apocalypse; he’s warning against complacency. The verb choice matters: “blow off” implies something superficial and unstable, but also something that will be removed by external pressure - inflation, debt-service costs, geopolitical shocks, climate impacts, a productivity slowdown, or simply the end of a liquidity-driven era.
Then comes the moral pivot disguised as policy talk: “We’re going to have to face up to some realities.” That “we” is inclusive but accusatory, a shared indictment of elites and voters alike. The subtext is that the U.S. prefers narrative dominance to arithmetic: entitlement commitments without taxes, global security guarantees without sustained investment, growth rhetoric without industrial or climate planning. Sachs’s intent is to puncture American exceptionalism at the exact point where it becomes a budgeting strategy.
Quote Details
| Topic | Investment |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Sachs, Jeffrey. (2026, January 18). 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. FixQuotes. https://fixquotes.com/quotes/theres-a-lot-of-strength-in-the-us-but-theres-a-21641/
Chicago Style
Sachs, Jeffrey. "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." FixQuotes. January 18, 2026. https://fixquotes.com/quotes/theres-a-lot-of-strength-in-the-us-but-theres-a-21641/.
MLA Style (9th ed.)
"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." FixQuotes, 18 Jan. 2026, https://fixquotes.com/quotes/theres-a-lot-of-strength-in-the-us-but-theres-a-21641/. Accessed 12 Feb. 2026.






