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Originally Posted by mockingbich
Yes the dollar will crash
It is going to be replaced by the "'Amero" which will be a single currency covering the entire hemisphere from Chile to Canada.
Bush, Fox, and the Canadian prime minister just concluded talks in Texas last week securing the northern hemisphere into a single trading block and joint security. You Canadians no longer have a border with the US and we Americans no longer have a border with Mexico.
Last I read, Miami will be the capital of the Free Trade Area of the America's by 2012 http://www.ftaa-alca.org/alca_e.asp
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Before the introduction of the Euro, all member countries had very strict rules to comply with. Many of these rules had to do with one country's debt.
Considering that many countries in South America are poor, it would be fair to say that they couldn't comply with any set of rules. Argentina had a major crisis only a couple years ago. So, the theory of one currency used from Chile to Canada is therefore blown out of the water.
Maybe read and learn before you troll around.