What Ireland’s crash tells us about bankers views on Scottish Independence

September 13, 2014 — Leave a comment

Good piece by Brian Lucey on bankers’ contribution to the Indyref debate. Remember, everyone has a perspective and an agenda.

Brian M. Lucey

The next week is going to be fascinating. I have no idea how Scotland will vote, for or against independence. I have no idea how I would vote were I there. Economically, there is probably a somewhat stronger argument for NO than YES, if you believe the politicians promises. But national self determination is not about economics alone. Ireland has seen a massive crash, from its overblown banking system. How bankers and other vested interests responded to that is very instructive for the scottish debate

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