A view from Russia
The most astounding thing is the fact that Alex Salmond and the SNP did not draw up any alternative currency proposition, should it arise that their first option of a sterling currency union would be denied, as it just has. It smacks of political adventurism and recklessness on their part, because we are talking about a serious impact on millions of Scots when it comes to their mortgages, pensions, and jobs.
What seems clear is that the SNP and the broader YES campaign they are leading is starting to pay a heavy price for their timidity in putting forward a vision for Scottish independence, which can be summed up as 'independence without independence.'
There is an appetite for a much more radical and progressive vision for Scotland after three decades of Thatcherism. A vision encompassing the re-nationalization of the railways, a state owned energy supplier and bank, operated in the interests of the public instead of shareholders, would enjoy much support in the country, as would policies in favor of progressive taxation, trade union rights, a living wage, full employment, and major investment in housing and infrastructure.
In other words, offering a break from the straitjacket that would be self-imposed by a currency union with the rest of the UK and EU membership, would have offered the YES campaign the best opportunity to maximize support across Scotland.
As it is, Alex Salmond and the SNP have come up against a private members club that has just declared it is not currently accepting new members. This may leave them increasingly reliant on the emotional argument in favor of independence, based on empty symbols of Scottish nationalism such as the Saltire and the depiction of England as the auld enemy trampling over the rights of the Scottish people.
It is a dangerous path to tread.
http://rt.com/op-edge/eu-scottish-independence-campaign-556/