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Sunday, August 10, 2014

Doubts raised about Scottish post-separation currency

Doubts raised about Scottish post-separation currency: "There’s a peculiar, contradictory symmetry to the arguments about politically reshaping the United Kingdom, both about Scottish independence and the UK’s relationship with Europe. With, on key issues, the same people, unionist on Scotland and Eurosceptic, asserting simultaneously diametrically opposed positions in each debate. But then, this is politics, and we are perhaps unreasonable to expect consistency.
Central to both arguments for independence are hotly disputed questions about what attitude the deserted state/entity will take to the deserter about things the latter might wish to maintain in the relationship once apart, the terms of divorce and alimony. In the Scottish case, the currency and EU membership. In the UK/EU case, unfettered continued access to the single market.
When the great charmer and political street fighter, First Minister Alex Salmond took on Britain’s mildest, to the point of utter dullness, ex-Labour chancellor Alistair Darling on Tuesday in the first TV leaders’ debate on Scotland’s referendum, the expected rout of the latter did not materialise. Darling unsettled his opponent, commentators seemed to agree, most effectively by repeatedly injecting doubt into the debate about Scotland’s post-separation currency."



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