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Too poor for Europe

Posted on November 09, 2011 by

The Scotsman's lead politics story today is a fairly bog-standard run through the "too wee, too poor, too stupid" routine. The line is that if Scotland was independent AND in the Euro it would be liable for an £8bn contribution to the Euro bailout fund. It's an assumption constructed entirely from individual building-blocks of nonsense piled up on top of one another (Scotland isn't going to be independent for four or five years at least, and nobody knows what the status of the Eurozone is going to be four or five days from now, never mind half a decade; the SNP have clearly stated that their policy on independence would be to retain Sterling for an inspecified period of time; the issue of whether an independent Scotland would be an EU member at all, and on what terms, is contentious to put it mildly; and so on), and indeed below the thunderous headline the piece grudgingly acknowledges them, but we should probably expect the Scotsman to keep banging away at the issue of Scotland's pathetic inadequacy as a prospective nation every day or two from now until the referendum.

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