Old Project Avalon Forum (ARCHIVE) - View Single Post - The Upcoming Crisis in January/Staged Reasons by Bush&Co for NAU North American Union

piers2210 · 12-19-2008, 06:26 PM

The amero may benefit the USA as their economy is bankrupt and its a great way of disguising/offloading debt in the international market (there's nothing unsecured international debtors can do except accept the situation, as would happen with any other bankrupt entity), but whether it would benefit Canada and Mexico is debatable.

Most european countries who exchanged their local currency in favour of the euro have done better as a result (eg spain, ireland,greece, italy), and no one even talked about the "old" currencies after a few months, but there was considerable debate before the change happened. Britain needs to dump the pound and move to the euro asap as they are just as bankrupt as the USA.

But its highly likely that when americans realise the new amero buys a lot less than the old dollar, there will be riots on the streets.

12-19-2008, 06:26 PM	#10
piers2210 Avalon Senior Member Join Date: Oct 2008 Posts: 403	Re: The Upcoming Crisis in January/Staged Reasons by Bush&Co for NAU North American U The amero may benefit the USA as their economy is bankrupt and its a great way of disguising/offloading debt in the international market (there's nothing unsecured international debtors can do except accept the situation, as would happen with any other bankrupt entity), but whether it would benefit Canada and Mexico is debatable. Most european countries who exchanged their local currency in favour of the euro have done better as a result (eg spain, ireland,greece, italy), and no one even talked about the "old" currencies after a few months, but there was considerable debate before the change happened. Britain needs to dump the pound and move to the euro asap as they are just as bankrupt as the USA. But its highly likely that when americans realise the new amero buys a lot less than the old dollar, there will be riots on the streets.