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Would an independent Scottish economy have collapsed along with the Royal Bank of Scotland?

As First Minister Alex Salmond continues to bang the drum for Scottish independence a number of experts have come forward to suggest that the Scottish economy could have collapsed in line with the Royal Bank of Scotland disaster. An economy the size of Scotland would have had severe difficulty raising sufficient funds to bail out the Royal Bank of Scotland as well as keeping the Scottish economy on track, without the assistance of the UK Treasury.

In a rather interesting side-note it was also revealed that SNP leader Alex Salmond once worked for the Royal Bank of Scotland as an economist, the very company which he has been criticising for some months now. As you might expect, the SNP is still very vocal in its defence of the Scottish economy even though funding issues with UK Treasury have seen a number of cutbacks and projects cancelled. The recession could not have come at a worse time for the pro-independence lobby who had been making inroads into Scottish voters before the recession hit home.

A recent poll by the SNP also revealed that independence is very much bottom of the list with regards to issues on the mind of voters, although the SNP PR machine managed to spin their way out of this by suggesting that the issue was still in the minds of many of the Scottish population.

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