It is widely expected that the United States, faced with an indebtedness of astronomical proportions, will soon follow Hungary, Latvia, Rumania, the Ukraine and Iceland in declaring a state of affairs that, when translated from their respective euphemisms, means bankruptcy. It would be useless to expect the International Monetary Fund to bail out the U.S., as it did these countries, since it does not have enough money. Observers believe that China and other major creditor countries are planning a summit conference and will propose a solution suggested by the Canadian government.
All the American debts, according to the Canadian formula, would be waived if the U.S. agreed to rescind the Declaration of Independence of 1776, and the American Constitution. It would substitute the Canadian Constitution in its present form, as well as adopt Canadian health services and gun control legislation.
The future international reserve currency, according to the Canadian proposal, would be an amalgam of the Canadian dollar, the euro and the Chinese yuan. In both China and the United States, large sections of public opinion, and especially of the financial sectors, we are told, are favourably disposed towards this formula because of its promise of stability.
For China this would mean a return to the teachings of Confucius and for the Americans the realization, at last, of the Puritanism of the Founding Fathers.
Eric Koch’s book, The Weimar Triangle, is available at Indigo-Chapters and in your local bookstore. 
Gives a whole new meaning to the term loonie.
I absolutely love it!What an ingenious idea!
I remember the beginning of this plan from your birthday party…
They say money is power. About time for the power balance to shift, I’m thinking.
Writing this from the USA, by the way. Not all of us have entirely lost our grip . . . .
Thank you. It was good of you not to take exception to my Canadian smugness.