Quote:
Originally Posted by nomadking
Where does this 0.0015% come from? 
UK borrowing includes the several 11 figure annual sum to prop up Scotland.
High deficit = high "interest rates".
"Not going to pay it back" = "Not going to lend you it, in the first place."
Estimates on VAT can be made. Their actual VAT would have to be double the estimated amount, in order to bridge the gap.
Still would nowhere near account for an alleged missing extra 20% in revenue. |
UK Government debt is £2 trillion. Scotland are being 'permitted' to borrow not more than £3bn. I just did the sums - I know that's a revolutionary thought as others regurgitate nonsense.
You should join the jfman Economics 101 lectures I'm giving Old Boy in the Coronavirus thread. You may find them insightful.
If England are so bothered about propping up Scotland why don't unionist parties just say - good luck, best wishes and laugh as they leave? But no we get lies, bitterness and deception. It's almost like their claims aren't true.