Gee, I wonder then how Luxembourg (which had already had founded a currency union with Belgium in 1921), Vatican City (which never had its own currency), Andorra, etc. were allowed membership in the E.U., despite not having their own currency?
So, I guess that Scotland will have to form its own independent central bank - big deal!
Regards,
Exactly!
The Scots are (or have been known for in the past) independent and resourceful. Many Americans today are descendants of Scots who left English oppression and hacked out a way of life in the New World wilderness. They have a heritage of making things work.
I wouldn’t underestimate them.
Wha hae, Scotland!