Uwe-
Sadly I tend to agree- my Scots relatives have split on the issue of independence with the nos worrying only about the financial repercussions.
Jeff Sachs made the point yesterday I his blog that any financial problems subsequent to independence would have to be willfully inflicted by the government and banks.
Of course a no vote will be seen as a triumph for the neoliberal financial machine. Not only too big to fail, too big to be challenged.
I am not sure the world has cottoned on to this, but I fear that the vote in Scotland may be a high water mark of popular resistance in what may be the last bastion of social democracy in the anglophone world.
Or-as they say in glasgow- "am I wrang?"
Ken
Ken Thompson MD
4127608483
Sent from my iPhone
> On Sep 18, 2014, at 9:43 AM, "Uwe E. Reinhardt" <[log in to unmask]> wrote:
>
> The Scots may defy Prime Minister Cameron and even the Queen, but can they defy the City? I think not, so there is my prediction.
> In this regard, read Simon Johnson's "The Quiet Coup" in Atlantic Monthly ca. 2009.
> Johnson had been chief economist at the IMF.
>
> Sent from my iPhone
|