So here’s the thing. George Osborne the Chancer of the Exchequer knows a thing or two about economics. When he said that an independent Scotland could not share the pound – and he would know – I realised we were scuppered. Darling Alistair added to my misery but explaining that an independent Scotland developing its own currency would pay high rates as we have no credit history. Anyone who has tried to borrow money knows this all too well. Of course Darling Alistair was also a Chancer of the Exchequer, although whether he was a bigger Chancer than George, I’ll let you decide.
However, before I set off for the Erskine Bridge I remembered a recent TED talk in Edinburgh. Check it out, the 3 big institutions that control the world’s economy are Fitch, Moody’s and Standard and Poor’s. Now they really must know a thing or too, wouldn’t you agree George?
Standard and Poor’s? that’s a strange name – but I remembered it from a number of recent articles. Hold on a cotton pickin’ minute George. Standard and Poor’s reckon an independent Scotland should achieve an AAA top rating? That’s 3 ‘A’s George. Did you not mislay one yourself recently? And here’s the other thing. Without your plunder from Scotland you may lose another A or worse get a DD ‘double D’ rating. Not what you’re thinking, boys – it’s Definitely Dodgey!
Of course, we are not bitter George. When you get into difficulty – and you will – we could be your ‘lender of last resort’. What did you say? A … A… A?
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