Scotland Must Choose Between Independence, Pound: Guha

The transcript discusses Scotland's choice between independence and a currency union, comparing it to Spain and Portugal before the ECB. It highlights the financial logic used by the 'no' side and its limited impact on undecided voters. The discussion also touches on the potential influence of secession movements in Europe and beyond, suggesting that democratic votes on independence could inspire similar actions in regions like Catalonia, Bavaria, and Texas.

What is the main financial concern for Scotland if it chooses independence while keeping the pound?

• Scotland would have to join the European Union.

• Scotland would face immediate economic prosperity.

• Scotland would be like Spain or Portugal before the ECB's intervention.

• Scotland would have to create its own currency.

What percentage of voters are undecided in the Scottish independence vote?

• 49%

• 20%

• 44%

• 8%

What is the predicted outcome of the Scottish independence vote according to the transcript?

• A large 'yes' vote

• A narrow 'no' vote

• A large 'no' vote

• A narrow 'yes' vote

Which regions are mentioned as potentially inspired by Scotland's independence movement?

• The Basques, the Bretons, and the Sicilians

• The Walloons, the Catalans, the Bavarians, and the Texans

• The Scots, the Welsh, and the Irish

• The Quebecois, the Flemish, and the Corsicans

What democratic process is highlighted as becoming fashionable due to the Scottish independence movement?

• Referendums on tax policies

• Votes on environmental regulations

• Secession and independence votes

• Elections for local government