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With the economic turmoil finally becoming more apparent in the mass media in the first quarter of 2008, i couldn't help but noticed the stupefying ignorance of almost everybody on the subject, all being warped by the crap being put out in the mass medias. So i decided to document and post the reverse of the medal here. By collecting documents, PDFs, audios and videos, i stumbled upon and old audio clip i had on my hard disk from August 14th 2007 that will befuddle the average tv watching Joe and Jane, and that is a good starter to develop on the subject and explain it. So, here it is...

This clip aired on August 14th 2007, just a few days after the August 3rd when Bear Stearns (a big bank) stocks when down big time because the rating agency Standard & Poor's downgraded Bear Stearns' credit worthiness to negative. This made many waves in the media and the first hint to the average tv watching Joe and Jane. The first hints were in mid June 2007 when Bear Stearns was having a hard time to find liquidity to keep two of his hedge funds alive because of all of the defaulting home mortgages. When you hear about the Amero, this is the pipe dream of many economists, not just from the CFR (the most powerfull US think tank) but also from the Fraser Institute (a canadian economic think tank), among others, see this amero_fraser_institute_1999.pdf . The Amero would be a common currency for Mexico, Canada and the USA, it means the disappearance of he US Dollar, the disappearance of the canadian dollar and the disappearance of the pesos. Only a severe monetary and economic crisis would convince north american citizens to accept such a change. I added a few videos about the amero, for all of you being mesmerized by television.