notgoodenough
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So I touched on this topic in another thread. Looks like many seem to agree with my point of view.
Pretty basic premise
(1) The UK can now borrow cheaply using the giant Scottish oil reserves as collateral
(2) If Scotland leaves, the collateral (oil reserves) is no longer available
(3) So the cost of borrowing money for Britain skyrockets
Like I said. England NEEDS these oil reserves in order to service their debt. Without it, the whole house of cards comes crashing down. No more money laundering hub, for the criminally rich, for you London.
Also. For those drinking the bbc koolaide.
AN INDEPENDENT SCOTLAND WOULD HAVE THE HIGHEST GDP PER CAPITA IN THE WORLD.
YES! An independent Scotland would have the highest GDP per capita in the world. A ‘No’ vote is asinine. | Max Keiser
The REAL Reason Britain is Freaking Out About Scottish Independence | Zero Hedge
The REAL Reason Britain is Freaking Out About Scottish Independence Washington's Blog
Now enough with the doom and gloom squad. Simple scare tactics from the worlds greatest terrorists. The English.
Pretty basic premise
(1) The UK can now borrow cheaply using the giant Scottish oil reserves as collateral
(2) If Scotland leaves, the collateral (oil reserves) is no longer available
(3) So the cost of borrowing money for Britain skyrockets
Scotland’s North Sea oil reserves are slowly running out, and so oil won’t be such a valuable resource forever.
But for now, it is still invaluable (especially as collateral for British borrowing) … and the key to Britain’s panic over potential Scottish independence.
Like I said. England NEEDS these oil reserves in order to service their debt. Without it, the whole house of cards comes crashing down. No more money laundering hub, for the criminally rich, for you London.
Also. For those drinking the bbc koolaide.
AN INDEPENDENT SCOTLAND WOULD HAVE THE HIGHEST GDP PER CAPITA IN THE WORLD.
YES! An independent Scotland would have the highest GDP per capita in the world. A ‘No’ vote is asinine. | Max Keiser
The REAL Reason Britain is Freaking Out About Scottish Independence | Zero Hedge
The REAL Reason Britain is Freaking Out About Scottish Independence Washington's Blog
Now enough with the doom and gloom squad. Simple scare tactics from the worlds greatest terrorists. The English.