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Currency unknowns weigh on an independent Scotland

Posted on 26 February 2014

The image that comes to mind is of schoolboys squabbling in the playground. Alex Salmond, the Scottish first minister, proclaims that the pound sterling is the common property of both Scotland and England. George Osborne asserts that the pound belongs to him and the UK chancellor will not let it go.
Both claims have some merit and both are irrelevant. If Scotland did vote Yes to independence, that would be the time at which sensible negotiations would start, preferably between grown-ups………………………………………..Full Article: Source


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VRS - who has written 39476 posts on Opalesque Commodities Briefing.


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