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Today, we are faced with the ever growing prospect of a single economy. Between mergers of financial institutions in the USA, Canada, Central and South America, and spidered relationships that technically span the globe. The economic situation between each sovergn government is greatly effected by the trends of others.

The drop in consumer confidence in the USA this past quarter had a detrimental affect upon other economies. Japan has dropped over 5% in their exchanges, European countries have also felt the effect. In the same turn of events, the US dollar is trading at a 40 year all time low, which is bringing more international clients to purchase our assets in an attempt for these institutions to gain on the inflationary trends we're experiencing.

Creating a geographic currency, theoretically, would bring the geographic disparency to a more level playing field. NAFTA was created to ease North American companies more affordable access into the US. This was a polarizing political event, on one side into a beneficial trade agreement which was definitely needed to strengthen the economies of our neighbors. The opposite side didn't like the proposition since, in their minds anyway, would take jobs away from the American public. I can see arguments for the pros and cons.

The creation of a regional currency would balance the efforts of corporations and governments to stabilize the employment pool by offering more competitive offerings. Our economy is being barraged by the Euro, Deutschmark, Pound, etc, and the centralized EU system of trade. Would this help our country, I believe that is a solid yes. Free trade, the growth of emerging countries and the subsequent educated work force can only breed competition and quality. It would allow us to find business partners in Mexico and Canada, which may stave off the migration of technological jobs from countries such as India, Pakistan, and China. The America's are slowly loosing their identity from actions of War, Credit Crunches, and workforce competence.

Research the Gross Domestic Product for each of our nations, Mexico, Canada, and the USA. If you compare the current GDP of the EU against the GDP before the Euro, you will see that countries that didn't have the financial strength, it's made each country financially stable. We are in an age where we need consistency and strength if we're going to continue to be marketable in the world economies.

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