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Tuesday, September 09, 2014

Scottish independence would be highly contagious

http://www.telegraph.co.uk/finance/economics/11083203/Investors-be-warned-Scottish-independence-would-be-highly-contagious.html

 ``My own guess is that if Scotland goes, Spain will break up and so will Belgium -- Italy is less likely to follow suit but one never knows, especially given its never-ending economic stagnation and debilitated political system. The euro will slump in value. The whole of the EU will be thrown into constitutional crisis -- and that even before the UK decides whether or not to leave the bloc.''

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