No sooner does the 'Arc of Prosperity' turn into the 'Arc of Insolvency' than Salmond points to Australia as Scotland's economic model.
Forget Iceland. Australia's a hotter role model for Scotland, says Alex Salmond
No wonder The Scotsman has splashed this story. The unionist rag can't believe its luck. What a hostage to fortune if ever there was one. Iceland and Ireland were never good models for Scotland and that blew up in Salmond's face. Now he rolls out Australia. Does Salmond have a scoobie as to why the current economic collapse is happening? We have systemic collapse brought about by too much debt. Iceland and Ireland got into the speculation game and got burned. Australia has staved off the inevitable but their debt is humungus. Yes, 'gold' mining has bought them time but they are an accident waiting to happen.