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At first I thought it was a wacko conspirancy theory, but the more I read, the more I began to realize that this could be indeed true. The thing is that in case that the NAU is implemented, then the sovereignty of the three participant countries would be eliminated.
The whole thing is by far, more complex than it sounds, and it certainly deserves some researching on your own (if you're interested), but I would like to hear the opinions of some international webmasters, specially those from USA, Canada and Mexico (like myself)
but yes, the silence is deafening in corporate media.
when you see the NACC membership list you'll understand why it is so...
[edited by: lawman at 1:23 pm (utc) on Jan. 6, 2008]
[edit reason] Ranging Too Deep Into Politics - See Foo Charter [/edit]
However, if the NAU takes place, a lot of political, social and economical problems will arise here in Mexico and also in Canada and USA as well and that's something to be worried about.
Only time will tell if this is true or it's just another big rumor, in the meantime, I won't buy any dollars and better keep Euros ;)... since the US$ won't likely recover in the foreseeable future.
On the other hand, each participant would bring important resources to some kind of loose economic union.
Political intertia being what it is, though, the most likely outcome is nothing.