This is the worst possible time for Britain to consider leaving the EU – or for Scotland to break with Britain.
As a major power and global financial centre, Britain ought to be involved in crafting a European response to the Russian invasion of Ukraine and the sudden emergence of Islamic State in Iraq and the Levant, Isis.
But like the US and the EU, Britain has also been distracted by internal matters.
Conservative Prime Minister David Cameron has been persuaded by anti-European zeal – not least within his own party – to put UK membership in the EU to a vote in 2017. A poll on Scottish independence is only days away. Just when Britain should be confronting grave threats to its way of life, it is preoccupied with divorce of one type or another.
Divorce is always messy. A vote for Scottish independence would weaken – in political and economic terms – both a truncated UK and Scotland. An independent Scotland would be financially unstable, especially if threats to renege on debt repayments were carried through.
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