Hello Jason
First I would like to take this opportunity to thank you for your many thought provoking blogs, on subjects that are not covered by conventional media.
This one resonated with me at least two reasons - I am a product of two countries, India and Canada, which are just two examples of countries that are relatively recent in origin (I realize that India goes back a lot longer than Canada but the concept of India, and Pakistan, is a British creation).
I would have thought the potential ripple effect of a Scottish vote, successful or not, would impact the market, but perhaps the significance of it has not fully registered, and your blog post may be a timely reminder.
This has the potential to give new impetus to separatist/tribal movements, from Kashmir to Quebec, and everything in between, particularly the countries of Europe, Africa, and the Middle East.
The shift from the collective to the individual (a simple example is the shift to Defined Contribution Pension Plans from Defined Benefit Pension Plans) will provide the foundation for more individualism, and less reliance on the state.
Extrapolating this further, one would question the benefit of an allegiance to a central body that is recent, imposed upon, and one that provides questionable value - why not shift to local self governance since funding a centralized bureaucracy (think the spineless Senate in Canada) is not doing me, the individual, any good.
Thank you again for this thought provoking piece - whether or not this will be reflected in the upward climb of the stock market remains to be seen - this final quarter of the year will be interesting.
Kind regards
Savio