I don't see where else anyone is going to put their money other than the US. Some might want to point to China, Europe, etc. Great. Those people can invest there. I'm not sending my money outside the US because I don't think the rest of the world is all that much better off. Note that our T-Bill rates are near zero because people are just looking for a place to stash - not invest - their money. The market consensus, in this current panic, seems to be leaning against investing abroad and leaning towards just handing the cash over to Uncle Sam for safe keeping. The current outflows, as I understand it, are foreign investors bringing their money home. That is understandable. When you send your money abroad and lose it hand over fist, there is pressure from your constituents to bring it home - more politics than reason. But our home grown investors aren't in a hurry to ship their dough abroad.