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Posted by James on August 4, 2008, 9:57 am
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wrote:
>
> snip
>
> > End result, =A0due to unpayable govt and private debt...these
> > international cartels end up owning the property... that is despite
> > the fact that local banks do not want to own property. =A0they want to
> > earn interest in the mortgages.
>
> end result will be the amero currency uniting us, candada, and mexico com=
ing
> our way.
Why would Canada want to join US currency? We never had the easy
credit that is causing so much pain. Perhaps we didn't have the same
standard of living because of it, but we won't fall as far either.
Some of our banks had investements in US notes and lost billions, but
they will recover.
There might have been a convincing argument a few years back when
Canadian currency seemed undervalued. Not so much now.
James
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