Mudcat Café message #3660702 The Mudcat Café TM
Thread #155459   Message #3660702
Posted By: Howard Jones
16-Sep-14 - 04:20 AM
Thread Name: BS: scottish independence
Subject: RE: BS: scottish independence
Akenaton, my own sons here in England are in a similar position. It may have escaped your notice, but we are coming through a global recession. Have you thought how much worse it would have been had Scotland already been independent and could not turn to the British Government to bail out RBS and the other failed Scottish financial institutions?

Self-determination is an illusion in a global economy. Even the UK does not have full self-determination, it is constrained by formal political relationships and informal global and economic pressures. However as a larger entity it is in a stronger position. Scotland seems to think it can turn in on itself and be unaffected by outside factors. In particular, Scotland cannot avoid being affected by the RUK economy but will have given up any say in it.