1 thought on “The four huge economic challenges that will define the coming years”

  1. Posted 19/05/2015 at 20:41 | Permalink

    “Cameron should offer the Scots full fiscal autonomy”.

    We all know what happens in a currency union where the members have full fiscal autonomy and there is no mechanism for fiscal transfers – we have seen this in the Eurozone. Even the SNP have stopped demanding that – preferring what they now call “full fiscal RESPONSIBILITY” by which they mean something rather different (i.e. they want to control all Scottish taxation and spending but still keep the fiscal transfers).

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