How Severe Will the Coming Dollar Collapse Be?
“People in the U.S. are going to be hit hard,” Chapman warned. “In the severe recession we are entering now, Bush will argue that we have to form a North American Union to compete with the Euro.” “Creating the amero,” Chapman explained, “will be presented to the American public as the administration’s solution for dollar recovery. In the process of creating the amero, the Bush administration just abandons the dollar. The prophetic warnings of these American economists are, indeed, coming to pass as during the month of September alone, 10 years worth of gains on US stock markets have been wiped out in their entirety and bank runs are now occurring in the United States for the first time since the days of the Great Depression leading to the failure of 13 banks, some of their largest, and the imminent failure of 117 more forecasted by the US government. US Treasury Secretary Paulson, however, continues leading the charge attempting to force upon the American people the final peg to their