ref date:16 Apr 1999 (ECON)
Scottish economy sustainable after independence
After blowing away all the smoke from London and breaking their mirrors,
the SNP prediction that Scotland would have a 2billion a year
deficit in the early stages of independence is perfectly manageable and
the norm, even though any deficit is not desirable! The so called UK guilts market fixes
Londons deficit funding problem and in the same way so could
Scottish government bonds.
Remembering that the Scottish finance sector is strong with many talented financiers, its another clear indication we need to go it alone or rather together
within the E.U. as a full member state!