Thread: Will Scotland Leave the UK?
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Old 22-08-2020, 14:15   #3204
OLD BOY
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Re: Will Scotland Leave the UK?
Quote:
Originally Posted by nomadking View Post

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.
And that is a question that remains unanswered. All they prat on about is 'their' North Sea oil, completely ignoring the fact that not only is this a diminishing resource, but the demand for oil is also reducing as green energy takes over. It simply won't be economic to extract North Sea oil soon, as prices they can get for it tumble due to falling demand.

If the SNP think they can manage outside the UK, maybe they should show us this faith they have in themselves by not accepting any more Barnett formula subsidies.
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