For me I just know the separation will be an endless money pit and that we will just have loads of tit for tat policies
This +1,
The oil? Relaistic estimates put the point of no more viable reserves at 25 years and a gradual decline up untill that point.
The BoE chairman yesterday pointed out that you can’t just unilatteraly adopt a currency as there’s no one to underwrite it, so there’s no access to the markets unless they set up a ‘Bank of Scotland’ and start saving up 10’s of billions of pounds to underwrite a currency board.
Salmond’s offering businesses a 3p reduction in corperation tax, and they’re still queing up to say they’ll move south in the event of a yes vote. And even if it works and they beocme the next Luxenburg, that only lasts untill someone cuts theirs by 4p and it becomes a race to the bottom with the only winners being the likes of Starbucks, vodaphone and google.
I understand the desire to have better democratic reprisentation, but economicaly I don’t see that it makes sense for either side, we’ll all be worse off.