The Mudcat Café TM
Thread #155459   Message #3657229
Posted By: Teribus
05-Sep-14 - 06:00 AM
Thread Name: BS: scottish independence
Subject: RE: BS: scottish independence
The facts remain the same Mr. Douglas for whoever wins any election in Scotland in 2016 - the problems and the sums still remain the same and they still simply do not add up.

By the 24th March 2016 newly independent Scotland will find itself:
- Out of the EU
- Out of NATO
- With a "borrowed" currency over which it has absolutely no control
- Facing a flight of capital that will be mind boggling as will be the loss of jobs
- Facing a potential loss of its best customer {The UK}
- With no access to UK Government contracts to build warships for the Royal Navy {Type 26 Frigate - vital work orders for the Clyde}

Should Scotland renege on shouldering their share of the National Debt - Just watch what interest rates you will have to pay on the money Swinney says that independent Scotland will have to borrow to finance the start up and survive the first five years.

Should Scotland renege on shouldering their share of the National Dept - Then there will be no sharing of any assets, all UK Government owned land in Scotland will still remain the property of the UK. Should the Scots simply seize that land then watch any potential foreign investor back away from a regime that has clearly demonstrated that it does not respect the rights of ownership or take responsibility for its debts.

"Voting for "No" accepts the status quo of the Union. However that's not a vote for No Change, but a vote for continuing the journey that the UK is already embarked on"

Fastest recovering economy in the western world?