Budget Deficit May Cause a Meltdown

As the deadline for the U.S. budget committee approaches, investors are asking themselves whether or not we're facing another meltdown.  Back in August, a last minute deal was put in place in order to avert a total government shut down.  Crisis was avoided, but S&P withdrew its coveted AAA rating from U.S. debt and stock tumbled relentlessly for days.  This approaching deadline may not play out as well as the one in August.  When the super-committee admits its inevitable failure to approve the budget cuts necessary, the world economy could be looking at a market implosion.  The only smart way to play off of this is to remove your money from any volatile equities and wait for either the bottom of the abyss, or calm water in a best case scenario.  If stocks crash after the admitted failure, a bottom will be within sight and losses can be regained.  If the market amply survives the crash, the obvious choice is to buy back into any previous positions you may have had.  Just remember that the market is already riding pretty low due to Euro speculation.  This means that in the event of a crash, it won't fall very far.  This could definitely play out as an advantage to the value weary investor.