The Great Raymondo #029

Introducing The Great Raymondo | Tightrope-Walker

This Week: Walking the thin-line between… not-needing fiscal constraints & unsustainability.

Once again, there’s the view from the real world and the view of the BBC!!


Scottish independence: Currency union ‘unsustainable’, says report

A currency union between an independent Scotland and the rest of the UK would be likely to result in “dollarisation”, according to a think tank report.

The National Institute of Economic and Social Research (NIESR) said monetary union between countries of differing size was unlikely to be sustainable.

This would lead to “de facto dollarisation”, researchers claimed.

8 May 2014 Last updated at 10:40

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