So That's Why They're Worried

[Hertsscot]

Interesting article:

http://www.neweconomics.org/blog/entry/scottish-independence-uk-dependency?utm_source=twitter&utm_medium=social&utm_campaign=20140904scottish-independence-uk-dependency

[thplinth]

Tucked away in the Financial Times’ report earlier in the week was the giveaway. “Currency investors” would apparently be “particularly concerned by the UK’s persistent current account deficit if this were no longer offset by North Sea oil revenues.”

This is something of an understatement. The UK has run a deficit on its trade in goods every single year since 1983. We have imported more goods than we have exported every year for three decades. Including services and overseas earnings (the “current account”), the UK has run a deficit since the mid-1990s. Today, that deficit is close to record levels, at 4.4% of GDP.

I am pretty sure Jim Sillars said Scotland was net exporter in the UK meaning England by itself is really in the red.

The truth we are going to have to ditch the pound (and not the pound ditch us) because without us the pound is going down the lavvy.

All the truth about who needs who will be shown up to be exact opposite of everything we have been told / threatened with.

[thplinth]

Why would the pound crash if RUK are only losing a net drain on their economy, getting rid of net liability, the subsidy junkie sponging jocks? It just does not add up does it?

[Bristolhibby]

Why would the pound crash if RUK are only losing a net drain on their economy, getting rid of net liability, the subsidy junkie sponging jocks? It just does not add up does it?

Exactly, but we all know that. It's any faltering undecideds that need to know this.

Get the message out, one final push.

Keep the Faith.

J