U.S. WORRIES ABOUT SCOTLAND “DISASTER” FT
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Posted On: 09/16/2014 11:55:09 AM
U.S. WORRIES ABOUT SCOTLAND “DISASTER”
FT’s Robin Harding, Richard McGregor and Geoff Dyer: ‘A ‘Yes’ vote for independence would be an economic mistake for Scotland and a geopolitical disaster for the west, senior US figures — including Alan Greenspan — tell the [FT] Financial Times as Washington wakes up to the chance that its closest ally could break … Having assumed for months that ‘No’ would win comfortably, Washington has reacted with alarm to opinion polls showing that Thursday’s referendum is going down to the wire. ‘We have an interest in seeing the UK remain strong, robust and united,’ said Josh Earnest, the White House spokesman.
“Mr Greenspan, former chairman of the US Federal Reserve, said the economic consequences of independence would be ‘surprisingly negative for Scotland, more so than the Nationalist party is in any way communicating’. ‘Their [nationalist] forecasts are so implausible they really should be dismissed out of hand,’ said the normally circumspect Mr Greenspan, noting the pace of decline in North Sea oil production. Despite Nationalist claims to the contrary, he said there was no chance of London agreeing to a currency union.”
http://on.ft.com/1m70AdH
FT’s Robin Harding, Richard McGregor and Geoff Dyer: ‘A ‘Yes’ vote for independence would be an economic mistake for Scotland and a geopolitical disaster for the west, senior US figures — including Alan Greenspan — tell the [FT] Financial Times as Washington wakes up to the chance that its closest ally could break … Having assumed for months that ‘No’ would win comfortably, Washington has reacted with alarm to opinion polls showing that Thursday’s referendum is going down to the wire. ‘We have an interest in seeing the UK remain strong, robust and united,’ said Josh Earnest, the White House spokesman.
“Mr Greenspan, former chairman of the US Federal Reserve, said the economic consequences of independence would be ‘surprisingly negative for Scotland, more so than the Nationalist party is in any way communicating’. ‘Their [nationalist] forecasts are so implausible they really should be dismissed out of hand,’ said the normally circumspect Mr Greenspan, noting the pace of decline in North Sea oil production. Despite Nationalist claims to the contrary, he said there was no chance of London agreeing to a currency union.”
http://on.ft.com/1m70AdH
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