Sad but true. One shining light in this dismal situation however is that Shetland managed to do something similar to Norway: https://www.google.com/amp/s/www.scotsman.com/news-2-15012/g...
Well - capitalise trade in The City of London; without the oil it's pretty clear London wouldn't have developed the way it did.
Re:Norweigan oil fund
by conjectures on Friday August 02, 2019 @05:06AM
(#20591574)
Rather than the story of financial degregulation?
Sceptical.
The UK policy was, effectively, 'paaarty!'