[VegasCowboy]

According to US financial analyst Mike Whitney[1], a mountain of unfunded, unregulated paper worth more than US$ 20 trillion might be out there [2]. Apparently, no one, neither the general public nor professionals on Wall Street, has yet to realise the extent of the hole, a hole of 20 trillion dollars with no market, nor value.

So, this guy claims $20 trillion "might be out there." Sounds scary!

With a bank crisis looming on the horizon, an odd piece of information is becoming news. As unlikely as it may seem, the United States along with Canada and Mexico, appears to be getting ready to launch a new single currency: the Amero.

This is indeed an "odd" piece of information. Just where is this "becoming news" (besides on kook web-sites and in spam e-mails, of course)? What's that? No where? Yeah, that's what I thought.

However, far from being a simple monetary union, the operation is likely to mean a de facto US annexation of the rest of North America.

Imperialist pigs!

Does any thinking person actually take an article like this seriously? This is absolutely absurd.

[janetgreen]

However, far from being a simple monetary union, the operation is likely to mean a de facto US annexation of the rest of North America.

Can't help but wonder how this "annexation" of North America can help us, since Mexico is a third world country and Canada is welfare heaven.