FLASH: The 3-month US t-bill is now paying 0.47%. That's right, 0.47%. The bond market is telling you something REALLY f*cking scary right now

One more time, until you can say it from memory:

The final phase is a self-feeding panic, where the bubble bursts. People of wealth and credit scramble to unload whatever they have bought at greater and greater losses, and cash becomes king.

Get to cash. Get to cash right now. Don't worry about the rate. Don't worry about short-term currency movements. Just get liquid. Fast.