preview

Scottish Independence Essay

Better Essays

Should Scotland be Independent?

There has been a wave of nationalistic fever sweeping the country ever since the SNP came to power in 2007. Independence is on their agenda and now there is a referendum set for 2014. But why should we go independent? After all, we have been married to England for over 300 years and our country is ‘too poor’ and ‘too wee’ to square up to the economic giants in the global market today and what would happen if the our banks were to self-destruct again? Would we manage to govern our own country independently? Increasingly people are beginning to see autonomy as a panacea for the predicament Scotland faces. However, there are masses out there that are still worried about the myriad of 'unanswered …show more content…

So half of the blame deserves to be placed on the avaricious muttonheads at Halifax. After all, it was coping just fine before Halifax came along. Unlike what the media skewed towards, Scotland actually deserves the minority of the blame for the crash at RBS too. As Andrew Hughes Hallett, Professor of Economics at St Andrew’s University put it, speaking on Radio Scotland.

“…by international convention, when banks which operate in more than one country get into these sorts of conditions, the bailout is shared in proportion to the area of activities of those banks, and therefore it’s shared between several countries. In the case of the RBS, I’m not sure of the exact numbers, but roughly speaking 90% of its operations are in England and 10% are in Scotland… "1

Therefore, in reality, Scotland was only responsible for 10% of the crash at RBS.Which is quite a substantial deviation from what the media proposed. I wonder how they managed to dodge that fact.

Oil is a finite resource and eventually it is going to run out. But what is the point in pretending it’s not there now just because there’s a chance that it may only last 30-40 years? According to the oil companies. Which I am sure must be absolutely 100% accurate. Why would an oil company want to underestimate the length of time their reserves will last? It does not at all sound like simple business logic to me. Let’s all face it; if a doctor tells a family

Get Access