Five lessons from the Scottish referendum

September 22, 2014 by History in a Hurry

Five Lessons Learned from the Scottish Referendum

Saturday, September 20, 2014

by Ryan McMaken

Government authorities in the UK have declared that the “Yes” campaign for secession has failed by a margin of approximately 55 percent to 45 percent. Yet, even without a majority vote for secession, the campaign for separation from the United Kingdom has already provided numerous insights into the future of secession movements and those who defend the status quo.

Lesson 1: Global Elites Greatly Fear Secession and Decentralization

Global elite institutions and individuals including Goldman Sachs, Alan Greenspan, David Cameron and several major banks pulled out all the stops to sow fear about independence as much as possible. Global bankers vowed to punish Scotland, declaring they would move out of Scotland if independence were declared.

Continue reading:

http://mises.org/daily/6888/Five-Lessons-Learned-from-the-Scottish-Referendum

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