| Scotland’s pro-independence politicians are putting considerable faith in oil. Probably too much. One of the touchstones for the independence movement is that with control of its share of North Sea oil and gas revenue, Scotland could become rich in its own right, like Norway.
But the numbers don’t quite stack up if Scotland plans to create a nest egg like Norway’s sovereign wealth fund, a near $900 billion investment portfolio built up since 1990..............................................Full Article: Source |