Sat, Mar 28, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Currencies more

Economist: SNP’s currency union plan will fail

Posted on 15 August 2014

Alex Salmond’s Plan A for a currency union is doomed to failure and will bust up within a year costing the Scottish economy £100 billion, one of the world’s leading economists has claimed. Unemployment and a seven year slump would be the inevitable result of Mr Salmond’s plans for a formal currency union with the rest of the UK.
Professor Ronnie MacDonald, an adviser to central banks and the IMF, believes that a reliance on North Sea oil would unbalance Scotland’s economy making the non-oil sector uncompetitive………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39856 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031