It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
...Well what he said next is something the american people aren't suppose to know. He told me that there is an actual plan as to when the economy will completely crash. As of right now he said it will happen in the middle of sept of this year. Also he said that our Government will crash in Feb of 2009. He said that Mexico and Canada will merge with us and that a new dollar called the Amero is going to replace the dollar...
Round table on a North American currency.
On March 25 the Senate Committee on Banking Trade and Commerce invited five economist to give their views on the prospects for a Common Currency in North America. Professor Herb Grubel is a former Member of Parliament and presently a professor in the Department of Economics at Simon Fraser University. Thomas Courchene is a professor in the Department of Economics, Queen's University. John W. Crow is an Economic Consultant and the Former Governor of the Bank of Canada. Jack Carr is a professor in the Department of Economics, University of Toronto. Bernard Wolf is a professor of economics in the Schulich School of Business at York University. The following extracts are based on their testimony to the Committee.
Originally posted by nh_ee
Unfortunately all assets denominated in US Dollars such as savings and 401K will lose most if not all of their value once revalued to the Amero if this ever comes to be.
1 Mexican peso = 0.09213 U.S. dollars
1 Canadian dollar = 0.937734 U.S. dollars
Currency Conversion Disclaimer
Google cannot guarantee the accuracy of the exchange rates used by the calculator. You should confirm current rates before making any transactions that could be affected by changes in the exchange rates. Foreign currency rates provided by Citibank N.A. and displayed under license. Rates are for information purposes only and are subject to change without notice. Rates for actual transactions may vary, and Citibank is not offering to enter into any transaction at any rate displayed.
The 1994 economic crisis in Mexico, widely known as the Mexican peso crisis, was triggered by the sudden devaluation of the Mexican peso in the early days of Ernesto Zedillo's presidency. A week of intense currency crisis was stabilized when US President Bill Clinton, in concert with international organizations, granted a $50 billion loan to Mexico.