Reading this recent article in The Raw Story on how the United Nations Conference Is Calling For A New Global Currency got me thinking if the current state of the US Economy, which hasn’t seen it’s current level of debt in almost 65 years, will finally see the introduction of the amero.
The fact of the matter is that it might be just what the US needs to maintain its status as the global defacto currency standard. Consider the recent posterity potential index that measures the likelihood of economic transparency in the year 2020 for 30 developed countries which puts Canada, currently #7, at #6 with the Scandinavian countries of Norway, Sweden, Denmark, Finland, and Iceland and Switzerland rounding out the top 7. The US, which is currently #9 in the global prosperity index doesn’t even crack the top ten in 2020 at #12 and Mexico, which is currently #43, climbs up to #23. The Amero could certainly rival the Euro, especially when you consider that the combined population of North America is approximately 440 Million while the combined population of the countries who have adopted the Euro is only about 335 Million.
What do you think? Will it happen?