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Now, the rhetoric has reached an extremely high pitch - Great Depression, they say, is in store for Scotland - but not if Scotland is not preparing for its certain victory in the referendum. |
Already, feelers should be sent out to major countries, that the country that first agrees to lend Scotland the equivalent of 100 billion Pounds of their own currency, to form the temporary reserve of the central bank of Scotland, which will then use it to issue its own currency, will get the business from Scotland, provided the interest is favorably lower than the market's.
China would be a good candidate, as would Japan, objectively speaking. China, for Scotland, would be a better source of financing, because it has deeper pockets and can afford to either add more to the loan as needed, or hold off on collecting the payments if Scotland is short of cash to pay back in the future.
Being independent may mean hard choices, but it also definitely means MORE and BETTER choices. Without the British Pound as Scotland's de facto currency, the Scottish people have actually more choices, not less, as to how it intends of modernize itsself using foreign capital. If China can help, China will help. VOTE YES!!!