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Was just wondering and this isn't a loaded question, but what's the worst case scenario for Scotland if she goes independent? I'm not interested in the anticipated and unrealistic replies such as "there isn't one" etc, but more a pragmatic one with some potential numbers, consequences and solutions?
For example, the current deficit of Scotland with a geographical share of North Sea oil is £8.6 billion. So if Scotland goes independent and gets a currency union, so let's assume that on that basis trade and assets and other associated elements retains their current value and stauts, but despite reforms with revenue and expenditure the deficit remains at £8.6 billion what would be the consequences and potential solutions to combat this? Realistically and practically, based on current conditions and events.
I do have theories in my head but I'm interested in hearing what other people's views would be.
In fiscal terms it's unaffordable. Poll tax, council tax, bedroom tax or any other tax will be the only way to make it pay. The good people of Scotland are going to need very long arms and very deep pockets. Independence but at a massive cost.