Scots voted 55 per cent to 45 per cent against independence

[CEO1]

re: Scots voted 55 per cent to 45 per cent against independence

@Southie

Confused about why most think Scotland cannot survive on its own economically. If I am not mistaken, the rest of UK - their main strength is the financial sector. OK. Astrazeneca Glaxo Smithkline jump out in Big Pharmacy. BP oil. Unilever in consumer staples.

From whatis listed here, the funny accented Scottish (Scott’s?) have oil. World still runs on oil. So what if there is some price volatility?

Interest rates probably are a function of ability to pay down debt. If country has assets this shouldn’t be an issue. Likewise currency.

Perspective of a non Brit and non Economist.

Although, 90% of the UKs oil wealth lies within Scottish territory that doesn’t necessarily mean Scotland will keep 90% of revenues. International law dictates that it would have to be an agreement between both countries to discuss how revenue is split. And the UK is in the driving seat and I can see Westminster demanding a far better deal than they otherwise would be entitled to.