I know you mean that the loon might take over the greenback and from what I've read, there is supposedly a slight chance of that happening but it's not to our advantage to have it happen. I think the longer the dollar stays up, the better the chances are of us having the combined USD/CAD and Mexico turned into one currency (amer----)can't remember what it's called. I don't think I want that but who knows - maybe in the end it could be a good thing. Maybe this is the result of Obama stating "buy American". We depend on what we export.
When you say it is not to OUR advantage do you mean yourself personally who will benefit from lower imported food and and other consumer goods which drive the market economy or do you mean the foreign corporations who own 85% of OUR nation's wealth?
That won't even dent the economy. When 85% of the profits go offshore anyway what difference does it make?
Our economy is a market economy meaning if you aren't spending we don't have an economy. If lower retail prices won't stimulate this type of economy then we're pooched.
When you say exports do you mean we'll only be getting 60 cents per barrel of oil instead of 65 cents? If the govt was really for the people we'd be selling our resources in CDN dollars instead of US. If we did then you'd see a CDN $ worth equal to the Euro.
As for the Amero, how keen would you be with sharing that 60 odd cents per barrel and all OUR other natural resource wealth with 400 Million Americas and Mexicans?
The US is broke and Mexicohas been kept in chaos by the US. What possible benefit could you or I personally gain from backing their currency with our resources both natural and human?
Ask a German what he or she thinks of the Euro before you consider having an Amero.
