with PE ratios at the current levels skol. if they put interest rates up, the property and stock bubbles will be looking at a collapse, that will push the panicked money into the rapidly withering bond market.That will likely implode, as inflation starts to gain more traction and the QE option , although likely to be trialed out again, will be pretty much ineffective this time around.
last man standing if this scenario occurs, well I'd like to think its gold.. in its physical form i should add
