A Quote by Mohamed El-Erian

If the Scottish people decide to opt for independence, it would not be a good idea for Scotland to maintain a very rigid link to the pound. — © Mohamed El-Erian
If the Scottish people decide to opt for independence, it would not be a good idea for Scotland to maintain a very rigid link to the pound.
For months, people have been asking my views about the Scottish independence referendum, and I've been saying, 'It's not my country; I don't live here. Much as I love Scotland, I think it would be inappropriate to express a personal opinion regarding Scottish politics'.
Clearly, if it is sensible to hold a referendum on independence, it is crucial that we have one on marriage. It is the only way the country can move forward on this issue. Let all those who have a view on this subject place their trust in the Scottish people and let Scotland decide.
First and foremost, Scotland is my home, and I do consider myself Scottish, but I also feel very British, and I hope that Scotland stays within the Union. I have a real concern about independence.
I will say that anyone who supports Scottish independence should go to Athens. Because nothing works. It is a disaster. It is a ruined, dirty place where people do not have money or future prospects. The day one after independence, Scotland would be worse.
I'd imagine if there were more Scottish people making Scottish movies about Scotland, it would not only be educational, but it would instill a sense of pride.
My own experience of growing up as a Roman Catholic in Scotland has led me to fear independence in Scotland. The possibility of Scotland being a kind of Stormont is a real one. I wrote a book recently about Neil Lennon's year of living dangerously and in the course of it I had to revisit some of my own experiences. Of course, most Scottish people are not swivel-eyed, loyalist sectarians but there are a large number of them. A large six-figure number, and if I were living in Scotland as a Roman Catholic I would be worried about that.
I was born in Peru, and we moved to Scotland when I was 15, but I've not lived here for a long time. But I would always say that I am Scottish, and Scotland is as close to a home as I have.
I just love Cape Breton fiddling! I think it's very close. They derive their music from Scottish music. Well, in Donegal we're very influenced by Scottish music as well. Independently the two areas became very alike, because they kind of changed the music a bit from Scotland and we did the same.
Ah, Scotland. I am three-parts Scottish and terribly proud of it, although maybe we should divide it into eighths, because my two-eighths are Danish and English, the Lumley part. But the bulk of the rest of me is Scottish - and Scottish ministers especially.
Well, if there is a spectrum between ethnic and civic forms of nationalism, which is a rather schematic way of looking at it, all nationalism contains elements of both, but Scotland is very far on the civic end of the spectrum. That is partly because nobody has ever been stupid enough to say that Scotland is an ethnicity in a genetic sense. A kingdom of Scotland existed long before anybody talked of a Scottish people. So that is one thing we have been spared.
Scotland is not a region of the U.K.; Scotland is a nation, and if we cannot protect our interests within a U.K. that is going to be changing fundamentally, then that right of Scotland to consider the options of independence has to be there.
I'm not particularly ethnically Scottish; I have one grandfather who is Scottish, although he's called Macdonald, and you don't get a lot more Scottish than that. The Scottish part of my family are from Skye, and I've always been very aware of that - always been very attracted to Scottish subject matter, I guess.
Scotland forms a crucial part of our Armed Forces which should not be jeopardised by rushed cuts or a rush to the exit from the U.K. Defence jobs are vital to the Scottish economy and yet independence puts thousands of jobs at risk.
The media already attempts to assassinate my character in Scotland when I'm there, so my position is much more effective if I'm outside Scotland and am part of the voice of what the Scottish National Party is about.
Scotland is the only case in the world where the poor part of a territory wants to separate from the rich part. If independence came, one option is to keep the pound as its currency, so that all economic decisions will continue to be taken by the Bank of England.
I am very aware of how warmly Scotland is regarded around the world, and a vote for self-determination would raise our international profile even further, with lots of benefits for Scottish arts and culture.
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