The only solution to Americas financial woes?
| September 17, 2008 | |
With more banks failing in the last year than at any time in recent memory, one has to wonder if there is an underlying objective. How can so many financial institutions have failed to forecast and see that the current fiscal policies are completely non-sustainable? Current policies make a small group very rich very quickly and in the long term everyone else looses out. With over a dozen government bailouts pumped into the economy in the last year, when do you call it quits? But what if calling it quits is a secret objective? What if an end result is desired? What end result might it be? Let us find out!
My hypothesis is that someone will come along and propose that to end the current fiscal nightmare; we need to revamp the currency. The kicker being that it wont just be an American currency, it will include Canada, our neighbors to the north and Mexico, our neighbors to the south.
This new currency could potentially be called the “ Amero (link to wikipedia)”, it would function much like the “ Euro (link to wikipedia)” in Europe. By the way, the Amero is a real work in progress currency.
Here is a brief news video on the Amero:
Educate yourself on the Amero currency with these links:
- North-American Monetary Integration: Here Comes the Amero
- Amero plot real, says biz columnist
- Goodbye loonie, hello “amero?”
- The Case for the Amero: The Economics and Politics of a North American Monetary Union
- A Common Currency for the Americas?
Another scenario would be that we have another Great Depression (wikipedia link) coming. History shows us that the last depression helped a few well off groups take control of assets across many industries at pennies on the dollar. Could that be the objective? What are your thoughts?
Ps. I am not endorsing the Amero. It will only help push us further into the 1984 nightmare we wake up to daily.
Peace to all. ~ Sultanica






















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