Dear CIGAs,

This is really going to anger China, the BRICs and our Saudi/Kuwaiti Bankers

I have repeatedly told you that the problems that landed us in this mess have not been addressed. The reason is simple. The company going broke is the loser on the OTC derivative and therefore requires a cash injection in order to pay the winner on the OTC derivative. The winners are those banks reporting huge gains from their trading activities.

The entire plot is right in front of your eyes but you do not see it.

The main aggrieved party is of course the US citizen picking up the bill via long term IOUs called government bonds, but there is another powerful and aggrieved party as well - China.

CIT is going to light a Roman Candle in the hands of China and BRICs China leads.

Think about the US this week assuring the powerful Middle Eastern nations financially friendly to the USA that all was well and improving.

I am sure China and BRICs are not going to simply jump up and down screaming bloody murder. There is something I cannot yet define that is coming down the track at the dollar. My eyes and ears are open everywhere.

Please, look at these charts very carefully. This article was simply too good not to post.

Credit must be given when credit is so clearly due.

(Article see: http://jsmineset.com/)