Monday 19 November 2012

Heading for the buffers

John 'The Signalman' Swinney is just itching to get his hands on the economic levers he thinks independence will give him. Trouble is, there's only going to be one lever - oil - and a pretty dodgy one at that. Calton wouldn't like to depend on it to stop the Flying Scotsman heading down the wrong track towards the buffers. Scotland is a one-commodity economy (or will be when Alex Salmond has trashed tourism with all his windfarms) with a high level of public spending. Can the SNP not recognise an imminent train crash when they see one?

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