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Originally Posted by Infinite_Loser
Well... Since this is paranoia...
If this were to happen, the dollar would have to collapse or depreciate quite a bit in value, sending the US economy (Along with quite a few others) into a downward spiral, at which point someone will come up with the 'idea' of creating a strong, singular currency betwen Mexico, the US and Canada. Seeing as how the economies of all three North American countries would be in a tailspin, it'd probably be adopted without much opposition.
Edit: Oh, did I forget to mention that I expect the Fed to be the driving force behind the complete collapse of the US dollar?
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That was covered on the program and again on last nights. The plans for a single currency like the Euro have already been made it is only a matter of time now.
It sounds paranoid and far fetched but there is no doubt in my mind it is coming and it doesn't seem many here in the US truly seem to care.
But ask yourself, do you truly want to see America adopt Mexico's quality of life???? Cause no matter what they may say, that is what we'll get. We already have set lower wages and lower expectations for our people as opposed to 20+ years ago.
Businesses the last 20 years have not increased wages (oooo the minimum wage increases... ooooo) or kept the benefits of the past in place but rather have lowered them either by outsourcing (either overseas or to temp services), declaring they can't afford them or closing down. Compare the rise in median income before Reagan and then look at how it has moved since Reagan. Look at distribution of wealth. We already are well on our way to being Northern Mexico. We are not going to better their welfare and lifestyle and raise them to our level but lower ours to their level.
The powers that be already own both parties and it's a done deal here, Canada will soon follow unless they grow a spine and do whatever they can to join the Euroes.