A few days ago my post "The World's about to
end", we looked at the credibility of Deutsche Bank
and their projections. And what do you know,
along comes another German bank. Except
this time they take a bit of a different slant on things. Commerzbank reckons such speculation has been
overdone. Indeed, the bank’s economists
declared today that “some of the worst case scenarios painted in recent days
appear exaggerated”, and provided evidence that Scottish shares have actually
outperformed those of the UK as a whole this year, rather than registered any
major collapse. Not sure I’ve really
heard that reported in many London based news outlets.
I not sure what this proves except different people and different
organisations can produce differing figures and analysis. Which is good and healthy.
What isn't good and healthy is, rather than taking figures
and presenting them to us and leaving it for us to decide, we have those who singularly
churn out doom and gloom irrespective of the differing reams of information.
This strategy of gloom and doom has somewhat backfired. Why? Because, according Gordon MacIntyre-Kemp,
Chief Executive of Business for Scotland, “it invites a clear comparison
between the London based Westminster-connected business people who fear
positive change for Scotland and those major business people who have come out
for YES who are Scottish based and care most for Scotland”. He then lists Sir Brian Souter, Chairman of
Stagecoach plc, Jim McColl OBE, Chairman and CEO of Clyde Blowers plc, Mohammed
Ramzan, Chairman of United Wholesale Grocers, Marie Macklin, Chief Executive of
Klin Group, Doug Duguid, CEO of EnerMech and most recently former Tory donor
John McGlynn, Founder and Chairman of Airlink Group. All Scottish wealth and job creators, some on
a grand international scale.
So, in whom will you place your trust on Thursday? Those who are happy to spend our wealth? Or those who create the wealth? Bit of a no brainer really.
No comments:
Post a Comment