I understand where you are coming from and I would also be in the market to look at bargains. My post was a bit more general though, that if govt spending cuts, as spending cuts is what many here want on a grand scale, caused the asset bubble to implode ultimately governments will be called upon IMO to fix the mess, whilst some will use the opportunity to snap up bargains. Even if governments didn't cause the implosion - aka USA - well govt will still be called to fix up the mess IMO. But I would prefer we just get our house in order to prevent that from happening.
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