Cable Forum - View Single Post

nomadking · 22-08-2020, 14:03

It's valid question to ask "In an independent Scotland, where is the money going to come from?", when they are carrying such a large deficit that by itself would be unsustainable. And that's without even paying back their share of the UK debt. At the moment Scotland benefits from lower borrowing rates because of England. How is that holding back Scotland? If England's deficit levels were the same as Scotland's, it would be very expensive for the UK government to borrow.

Denmark and Sweden don't have the Euro because their politicians have this crazy notion of actually respecting the results of a referendum.

England voted for clear Conservative majorities in 1964, Feb 1974, and 2010. Ended up with Labour ruling or a coalition with the Lib-Dems. Also because of by elections after Oct 1974, by 1977, England had a Conservative majority.

22-08-2020, 14:03	#3201
nomadking cf.mega poster Join Date: Apr 2004 Location: Northampton Services: Virgin Media TV&BB 350Mb, V6 STB Posts: 8,157	Re: Will Scotland Leave the UK? It's valid question to ask "In an independent Scotland, where is the money going to come from?", when they are carrying such a large deficit that by itself would be unsustainable. And that's without even paying back their share of the UK debt. At the moment Scotland benefits from lower borrowing rates because of England. How is that holding back Scotland? If England's deficit levels were the same as Scotland's, it would be very expensive for the UK government to borrow. Denmark and Sweden don't have the Euro because their politicians have this crazy notion of actually respecting the results of a referendum. England voted for clear Conservative majorities in 1964, Feb 1974, and 2010. Ended up with Labour ruling or a coalition with the Lib-Dems. Also because of by elections after Oct 1974, by 1977, England had a Conservative majority.