Where is the Money Coming From?
As you may or may not be aware, Scotland will soon be having an independence referendum. Scots will be asked if they should become their own country, and current polls have each side neck and neck. It's a close race.
Most Scots who favor independence see themselves in a currency union with the UK, although it has been made clear that this is not feasible. Will Scotland have to make a new currency for themselves? Or will they join the EU and use the Euro? Either way, this does raise some interesting questions. How sovereign can a nation be without controlling their own currency? Would the UK have power over Scotland if the Scots continued to use the pound, thus effectively defeating the goal of independence?
http://www.bbc.com/news/business-29133217
I think that this is all a touchy situation over in the UK..
ReplyDeleteWhile I believe that when there is a majority of people in a specific region with similar interests, they should be able to make that kind of decision, I also believe that Scotland owes a lot to the United Kingdom for the last however many years of support and stability it has given them. The United Kingdom provides a large amount of economic support and stability to the Scots that they just cannot afford.
So I guess in this situation they will have to try and find the happy medium between basic democratic rights, and common sense.
*afford to lose* ^^
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