George Osborne Is Right: Scotland Under Sterling Is Not Truly Independent

Macrobits by Marshall Auerback » Germany 2014-02-17

Summary:

Speaking in Edinburgh last Thursday, the UK Chancellor of the Exchequer, George Osborne, said he had been officially advised by senior Treasury civil servants that a sterling zone between the UK and an independent Scotland would be unworkable, unstable and damaging to both … Continue reading

Link:

http://macrobits.pinetreecapital.com/george-osborne-right-scotland-sterling-truly-independent/?utm_source=rss&utm_medium=rss&utm_campaign=george-osborne-right-scotland-sterling-truly-independent

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Tags:

banking blog post canada currency debt economy euro europe germany government greece italy japan markets marshall auerback spain united kingdom united states

Authors:

Marshall Auerback

Date tagged:

02/17/2014, 06:20

Date published:

02/17/2014, 06:00