“AMEROS” Hasn’t Officially Announced YET But It’s Coming

The North American Currency Union is a theorized economic and monetary union of the three principal countries of North America, namely Canada, the United States, and Mexico.Implementation would probably involve the three countries giving up their current currency units (Canadian dollar, U.S. dollar, and Mexican pesos) and adopting a new one, created specifically for this purpose. The hypothetical currency for the union is most often referred to as the Amero. The concept is modeled on the common European Union currency (the euro), and it is argued to be a natural extension of the North American Free Trade Agreement (NAFTA) and the Security and Prosperity Partnership of North America (SPP). Conspiracy theorists contend that the governments of the United States, Canada, and Mexico are already taking steps to implement such a currency. No current members of any country’s government have officially stated a desire to implement a “North American Union.”

Support

Canada

One argument is that it would save up to $3 billion in currency transactions. The same authors also stated that Canada’s GDP could rise by up to 33 percent in a 20-year period given the adoption of a single currency.

The idea of a common currency has historically been unpopular in English speaking Canada, in comparison to the province of Quebec where it has received more support. An opinion poll taken in 2001 found that in Quebec over 50 percent of respondents favored the idea. While in the rest of Canada the majority of respondents opposed the idea of a shared currency.

Mexico

The possibility of a monetary merger has also been discussed in Mexico as a natural step to take after NAFTA.[11] Former Mexican president Vicente Fox echoed that view and expressed his hope for a greater integration of Canada, Mexico and the United States, including an eventual monetary union, whilst on a 2007 promotional tour for his book “Revolution of Hope.

Support in other regions

Lower levels of currency cooperation have been practiced in the Americas before. Some nations such as Argentina, Brazil and Canada have at times tied their currency to the U.S. dollar. Some of them, such as Aruba, Bahamas and Barbados still do.

The U.S. dollar is officially accepted alongside local currencies in El Salvador (since 2001), Nicaragua, Peru, Honduras, and Panama, although in practice two of these countries (El Salvador and Panama) are fully dollarized. In 2000, Ecuador officially adopted the U.S. dollar as its sole currency.

Unofficially, the U.S. dollar is treated as a de facto secondary currency in much of Central America and the Caribbean.

Currency integration is also one of the many long-term aims of Unasur (Union of South American Nations), a supranational organization comprising all the sovereign nations of South America, modeled after the European Union.

“AMEROS” Creation is Good For U.S
From the point of view of the Canadian and Mexican governments, a major obstacle to the creation of a unified currency is the sheer dominance of the United States in any such union. Unlike any country in the EU, the USA has a larger economy than the rest of its respective continent/union combined.

Center-left nationalist groups in Canada expressed their opposition to any currency union because they view it as an attempt by American businesses to gain access to Canada’s extensive natural resources while dismantling the nation’s social services. The 100,000 member strong Council of Canadians, a progressive advocacy group, has declared one of its central issues to be the threat of “deep integration”.

http://en.wikipedia.org/wiki/Amero

When will “AMEROS” be officially announced?
“People in the U.S. are going to be hit hard,” Chapman warned. “In the severe recession we are entering now, Bush will argue that we have to form a North American Union to compete with the Euro.”

“Creating the amero,” Chapman explained, “will be presented to the American public as the administration’s solution for dollar recovery. In the process of creating the amero, the Bush administration just abandons the dollar.”

A strong popular currency will help American banks gain more power. It’s a good medicine for the current credit crisis.

NEW INFO ADDED SUNDAY 5 OCT 08: ——————————————-
Here’s how the collapse is being orchestrated; the U.S. federal government continues to run up annual deficits of almost half a trillion per year. They must borrow that money and pay interest on it.
Two factors are now coming into play:
1) Funding the U.S. annual deficit now requires 80-90% of the savings of the entire planet, which is unsustainable.
2) Interest on the now ten trillion national debt is wiping out what the federal government is taking-in via taxes.

Very soon, the US national debt will become unserviceable because of one of the two items listed above. When the day comes that the US can no longer service its debt, the Treasury Secretary will declare a “force majeur;” a force they cannot control. . . . . preventing servicing of the debt.

http://investment-blog.net/i-have-obtained-an-actual-amero-from-the-shipment-sent-to-china/

ECRET AMERO BAILOUT CRASH MARTIAL LAW NEW WORLD ORDER PLAN 1

Related Posts:

• U.S. Ships 800 Billion “AMEROS” to China; prepares to De-Monetize U.S. Dollar
• Warning: Spain Is On The Brink Of Financial Collapse Because Nobody Pays Taxes
• Obama To Attend North American Union Meeting
• The Tower of Basel: Secretive Plans for the Issuing of a Global Currency
• Good bye to U.S dollar. Say hello to Gold and Amero

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