Argonautica

Professional investors can review published thought leadership and market updates from the Argonaut Investment Team.

1 post found for 18 September 2014

‘The Tartan Venezuela’

At the heart of the “Yes” to independence campaign has been Scotland's apparent desire to turn itself into a kind of tartan Venezuela: endless platitudes about aspiring to equality but more likely bringing misery; spending plans that would squander vast oil reserves on unproductive welfare; intolerance of opposing views often combined with threats to confiscate private property; apparent ambivalence over hugely disruptive economic policies including defaulting on its sovereign debt obligations should…