For all those naysayers that we could never manage a currency or central bank. I have just been looking at Eswatini. Population 1 million, GDP £5 billion (3% of Scotland). Central Bank since 1974 and very professional annual report: https://www.centralbank.org.sz/index.php
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Als antwoord op @RideoutTim
But they're paying around 10% interest to issue gov't debt. The problem is, whether it's your new currency or Wilson's sterlingisation, you would be taking an advanced economy & engineering in the characteristics of an emerging market one.pic.twitter.com/ylhCI0i338
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Als antwoord op @JohnFerry18 @RideoutTim
Eswatini is a fiefdom with no financial sector. It exports hydropower to South Africa and is an absolute monarchy with restrictive press.....interesting model!
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Oh and the currency is pegged to the Rand.
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Rideout’s got some aspiration for Scotland.



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See here's one thing. I think his plans are nonsense but on the UK side what is coming out of the three Pro-UK parties. NOTHING. No vision, no ideas, just cargo cult social democracy. Tim is not lazy. These MSPs are. Very very lazy. Worst advert for the UK.
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Contact me info@reservebank.scot.
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