Arc of insolvency

“First Minister Alex Salmond had looked to Iceland and other small independent countries in Northern Europe, such as Ireland and Norway, as examples Scotland could follow.

But after most of these countries found themselves badly hit by the financial crisis, Mr Salmond’s so-called “arc of prosperity” was dubbed by some opposition politicians as the “arc of insolvency”.

They said it proved the case for Scotland as an independent country was on shaky ground.”

From the BBC

Advertisements

0 Responses to “Arc of insolvency”



  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s





%d bloggers like this: