It's oil ok
If I understood Alistair Darling on Good
Morning Scotland this morning, he was telling a, to be fair, incredulous
BBC reporter that having unimaginably vast oil wealth would be a
problem for an independendent Scotland because the price goes
up and down. In fact, the ratings agencies made it clear some time ago
that the UK would have been downgraded long ago, due to its tanking
economy and enormous debt, were it not for the fact that it had
sufficient assets (that is, oil) to compensate.
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