Scotland The Brave – all things Scottish


How brave is the Scottish economy?
July 10, 2008, 3:01 pm
Filed under: Uncategorized

You have to ask yourself – with the population low on risk taking, they’re seen as grinders.  People who mostly just work away and make OK.

But recently these people who have a delicately balanced income stream, have gotten themselves into some debt with the easy lending.  Now compound that with the rising cost of living, petrol, raw materials etc. and a two-shove situation.  Furthermore, Scots aren’t that frugal.  Some are, some aren’t, but most don’t think too deeply about finances and with the upcoming recession, does anyone really care?  No because they don’t want to believe it.

The psyche of the scotsman is trot along and ‘believe’ the good stuff and ignore or disbelieve the bad news.  This is fairly worrying as they are almost passengers in life to a degree.

We’ll see what happens – but Scots are well known to get beaten, then beat themselves up psychologically and then give up.  Hopefully it won’t come to that.


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