Is this true? US has shipped $800 Billion of a new currency to China?

This is scary man.. I read this guy Hal Turner post in his blog and if its true I guess it will scare the shit off everyone's pants. He said;

The US Secretary of the Treasury has informed the China Development Bank that the US has shipped $800 Billion of a new currency..the Amero, ..merging of the economies of The United States, Mexico and Canada into .. The North American Union.

The current American debt obligation to China, based on the US Dollar, estimated to be$2.5 Trillion, and which this new Amero will be exchanged for $400 Billion of this debt as the current American currency is set to be devalued by 50 percent before the end of the year.

Virtually unknown to the American people is that the US Department of Treasury, Henry M. Paulson, Jr., has been tasked by President Bush to lead the efforts to join the economies of the US, Canada and Mexico and is also the head of the North American Development Bank, the bi-national financial institution established by the United States and Mexico to further the merging of their economies, and the leader of the Border Environment Cooperation Commission (BECC), the organization created by the governments of the United States and Mexico to further the implementation of the North American Free Trade Agreement (NAFTA).

.. American economists have been warning about the replacing of the US Dollar with the Amero, due to pressure from China, for nearly two years, and as we can read in this December, 2006 report titled Analysts: Dollar collapse would result in 'amero',

(Bob Chapman, who issued a reconstructed M3 estimate to the 100,000 subscribers to his newsletter, "The International Forecaster", agrees. )"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.”

He explains it in his video here :

http://video. google.com/ videoplay? docid=1954933468 700958565&hl=es

About 2 years back another article was written regarding this, THE NEW WORLD DISORDER Analysts: Dollar collapse would result in 'amero' where analysts predicted fall of USD to be replaced by the Ameros.

As I see it there is a good chance that the Ameros will replace the dollar, and what will happen to dollar dominated trading? loans? bank accounts? Will it go down in value or worse will it follow the same line as the Japanese Banana money when Japan left Malaya in 1945?