Opinion – Israel eyes pipeline to export natural gas to southern Europe | Agricultural Commodities | Reuters – John Gelmini

English: Natural gas burning

English: Natural gas burning (Photo credit: Wikipedia)

Anything that revitalizes the Southern European economies, generates wealth and jobs and reduces the dependence of Europe as a whole to Vladimir Putin and his Russian gas is to be welcomed.

Dr Alf is correct to see this potential co-operation between Israel and Cyprus and then other countries such as Egypt as a very good thing and a way of creating wealth rather than imposing austerity.

People with more money in their pockets through the trickle down effect regain confidence, tensions are reduced and those who used to be the lead gas or commodity suppliers have to rethink their positions and try and deal with others.

Exploiting shortages never lasts for very long as the Chinese found out with rare earths used in car exhausts,catalytic converters and mobiles.

Now alternatives have been found that do not involve rare earths as much or at all so the Chinese have had to move on to other things.

With Israeli natural gas an alternative to Russian bullying(45% of Poland’s gas has been cut off forcing them to approach Germany), will then exist and the other benefits will flow naturally.

John Gelmini

The Guardian view on the Scottish referendum: Britain deserves another chance | Editorial | Comment is free | The Guardian

Scottish Parliament, Holyrood, Edinburg

Scottish Parliament, Holyrood, Edinburg (Photo credit: Wikipedia)

This editorial from the Guardian is well worth a read. Check it out!

via The Guardian view on the Scottish referendum: Britain deserves another chance | Editorial | Comment is free | The Guardian.

Personally, I agree with the Guardian’s headline but felt that the arguments were too weak. I found the Guardian’s case too flowery and intellectual. I do not think that the Guardian’s case was direct enough for the average man or woman in the streets in Scotland.

If, the Scottish people vote “Yes”, they will be voting for an abstract national freedom. Against, this a “yes” will almost certainly mean greater economic hardship and risk. Independent Scotland would either be deeply accountable to the UK (as part of the GBP) or Europe (as part of the EUR).

The national identity that has been mentioned by the SNP will be largely like  mercury. There will be huge extra costs to run an independent Scotland and massive one-time transition costs. Also there are serious questions about effective leadership and expertise to deliver the enormous strategic change.

In practical terms, very quickly after a “Yes” vote, I predict that the Scottish people will bitterly regret the decision.

Based upon my expertise in delivering strategic change, I further predict a rapidly escalating crisis.

On the other hand, I agree with the Guardian that power must be further devolved from Westminster. The political classes in Westminster need a good culling, in my view. They have not listened to the concerns of the average working and middle class person. Under David Cameron, the UK has become a haven for the wealthy and privileged.

In practical terms, if Scotland votes “No” at the referendum, they will still gain greater power and national identity – this will be achieved without the economic hardship and risk.

As part of the UK, the Scottish people can challenge the excessive bureaucracy from the European Commission. An independent Scotland would quickly be at the mercy of the troika, the ECB, the IMF and the EC.

Thoughts?

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