I think when one of the big American or European banks goes on life support that's your Bear Sterns strobe light warning. The blast doors are closing - but you still have some time as they cement render. Liquidate super and dividend stocks to cash as the destruction of assets will be monumental. Sit it out and watch the show. Re-invest in commodities for the next boom come the time - it will come again. Sadly our political masters have hitched us up full tow to the US hegemony show. We are a sitting target way out in Asia. We are in need of a foreign relations reset but the political class here are hitched up with the media in their 'look over here today !' daily distraction show. Very little of substance is getting done.
