The Rush out of the stocks and into bonds could be ill-advised. Look at the Dollar...it's down today against the Euro.
So, to buy over-priced bonds in a rising rate environment with the currency collapsing is a little nuts.
Clearly, Gold or the Euro are the better bets in this developing scenario...... This looks like a classic currency collapse situation....not a case of 1970's stagflation as Krugman suggests in the NYTimes today.
Germany in the 1920's? Who knows maybe it's time to start hoarding sausages and can hams.....as was done in Berlin during the hyper-inflation!
