Skintland.
Posted: Sat Apr 14, 2012 11:40 pm
Scotland's leading independence campaigner Alex Salmond has lambasted a top financial magazine for claiming the country will end up like Greece if it leaves the United Kingdom.
In an astonishing attack, Mr Salmond, the First Minister of Scotland, said The Economist would 'rue the day' it printed the 'sneering' front-page article.
The piece (see below), which is headlined 'Skintland', tells Scots they will become one of 'Europe's most vulnerable, marginal economies' if they vote for independence in the 2014 referendum.
It warns that Scotland's North Sea oil will start to dry up in the next decade, its borrowing costs will be much higher, and entry to the European will not be automatic.
'After the banking and eurozone crises, Scotland would be far more vulnerable to shocks as a nation of five million people than as part of a diversified economy of 62 million,' write the authors.
'There is an irony here: to preserve a distinctively open-handed Scottish social model, staying in the Union might be the safest choice.'
A spoof map of Scotland renames Edinburgh 'Edinborrow', and twins it with Athens.
Read more: http://www.dailymail.co.uk/news/article ... z1s3rQSX2m
