Old Project Avalon Forum (ARCHIVE) - View Single Post - The fist clue that the New Amero currency is in the works?

Northboy · 09-19-2008, 01:56 PM

I don't know if you'll see the Amero now.

Effectively this would mean a coup de tat for the Canadian financial system as effectively the US would be using Canadian assets to collateralize its debt. (a kind of cosigning). Public assets in Canada are held by the crown, so London would have to agree.

Unfortunately, for the US there may be little more foreign borrowing, the "free lunch" of the present era is coming to an end.

09-19-2008, 01:56 PM	#2
Northboy Avalon Senior Member Join Date: Sep 2008 Location: Vanderhoof, BC Posts: 73	Re: The fist clue that the New Amero currency is in the works? I don't know if you'll see the Amero now. Effectively this would mean a coup de tat for the Canadian financial system as effectively the US would be using Canadian assets to collateralize its debt. (a kind of cosigning). Public assets in Canada are held by the crown, so London would have to agree. Unfortunately, for the US there may be little more foreign borrowing, the "free lunch" of the present era is coming to an end.