Thread: Will Scotland Leave the UK?
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Old 21-08-2020, 19:42   #3170
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Re: Will Scotland Leave the UK?
Quote:
Originally Posted by nomadking View Post
Even if this mythical financial settlement involved Scotland not having to pay back their share of the UK public debt, for which they are disproportionately responsible, doesn't explain away how they would they reduce their deficit, which was running at 8%(that includes oil) in normal times. Are they expecting England to keep bailing them out for all eternity?


If any mythical economic improvements, which haven't for some strange reason happened so far, took a generation to produce results, that would be just in time for oil revenues to tail off even more.
I think some of them are still expecting the Barnett formula to continue!

They certainly can't rely on North Sea oil - there will be little demand for oil by 2050, and prices will be at an all time low.

The SNP do not have a financial bone in their collective body - they will be the ruination of Scotland.
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