Amero ..New Currency or Hoax

Todays hot topic on blog sites is, the Amero. What is Amero? It is a “supposedly” new currency. As stated from the wikipedia website ” 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.” It is said that these 3 countries would give up their currency, the US dollar, Canadian dollar, and the Peso. If these 3 countries do this, hypothetically speaking the new currency would be Amero. Conspiracy theorist argue that the United States, Canada, and Mexico have already begun to put into effect such a currency. It is also said all deny such thinking. All based on the same concept as what brought forth the Euro.

People are ranting that there is a NAU(North American Union) and they are vying for the Amero. If you do a google search for Amero, you can find numerous articles on this topic. Whose brainstorm was this? A Mr. Herbert G Grubel, who in September 1999 wrote the book The Case for the Amero. Where do people think this will come from? The Security And Prosperity Partnership Of North America. The SPP is a real organization, you can read more at www.spp.gov . The on the SPP website it states that they are a “trilateral effort to increase security and enhance prosperity among the United States, Canada and Mexico through greater cooperation and information sharing.” Also stating “It includes ambitious security and prosperity programs to keep our borders closed to terrorism yet open to trade.”

Reading another article by a Mr. Paul Micheal on April 4Th,2007, he states a lot of interesting points to think about. He states in a portion of his article about the SPP “If there is a plan in the works to create a union of Canada, the USA and Mexico, the last thing you’d want to do is close the borders. Quite the opposite. You want open borders. It’s good for business. And as we all know, big business and large multi-national corporations are always looking for new ways to make a profit. ”

Many sites I came upon claim all this is nothing but a Hoax. What it is doing is, throwing people into a panic. They are already worried about their money, and this “old” new topic is stirring some commotion . People are getting panicked over their 401K’s and savings over this hype. Many sites claim it is all true, while some think it is merely gossip. Do I feel we will see it in our lifetime? The way things keep declining, I can not say a yes or no. Some do predict it could happen by 2010. You do the research and decide for yourself. Below I listed more reading on the “Amero”.
Paul Micheal :http://www.wisebread.com/europe-has-the-euro-are-you-ready-for-the-amero

http://spp.gov/

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

http://www.youtube.com/watch?v=6hiPrsc9g98

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=53350

http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=52621