Post by Murff Post by Windmill
But we could be bailed out by the IMF
Maybe. Last time it happened it was a major contributor to Labour's
getting booted out of office for nearly two decades.
Only if using the Euro. And in the EU. The first would be, admittedly,
*hilarious* to watch Mr Salmond try to talk his way out of. The second is
not remotely a done deal for many years at best (Mr Salmond's interest is
not the same as that of the EU, and his "Scottish sovereign mandate" or
whatever he may call it may allow him to negotiate, but doesn't allow him
to tell the EU what to do).
It was very successful. Still could be. It fell victim to various
economic imbalances. Britain as a whole is vulnerable in much the same
way - though managed to survive better through a combination of size and
independent economic policy.
Scotland would maybe be less imbalanced - assuming a vastly smaller
financial sector if all the institutions leave - with a mixture of
industry and in the short term, oil. But it would also be very much
smaller. With its own currency it might be protected to some extent. In
the Euro, it'd be more exposed.
'Yes' voters, like 'No' voters, want what's best for Scotland so long
as it doesn't harm their pensions/savings/property/mortgage/income.
But in the absence of a time machine, who can know?
We might be worrying about the wrong things.
If Putin were to invade Europe, would it be better to be part of the
UK, or separate (and maybe easily invaded to provide a bridgehead for
an attack on England - and then possibly attacked by the English, as
a matter of necessary self defence).
Ebola cases are doubling every month; exponential growth, e to the x
where x is measured in units of about 6 weeks in size.
2000 deaths out of 4000 cases today translates to 8 million cases and
4 million deaths a year from now.
Then 16 billion cases and 8 billion deaths in two years time (but of
course the rate of growth would slow when the world population halved).
More would then die of starvation, though weakened bodies might be
susceptible to re-infection.
Far from containing it, they're beginning to say it's out of control.
Don't scare the horses was all very well - but the stable's on fire.
The one thing you can say about the future is that it's unpredictable.
(Who was it who said 'Events, dear boy, events' ?)
Windmill, ***@NoneHome.com Use t m i l l
J.R.R. Tolkien:- @ S c o t s h o m e . c o m
All that is gold does not glister / Not all who wander are lost