Post by happyjack on Apr 23, 2023 21:02:11 GMT
Thomas
Sorry, the reference to your post should not be in here but I can't work out how to remove it.
Anyway, I am aware that you missed out commenting on the crux of the matter in my earlier post but if you have solutions to the following then it would be great to hear them i.e.
why would an Indy Scotland not be faced with a barage of serious financial challenges from day 1 including
how we deal with the problem of producing revenues that are 25% below the cost of providing us with our current standard of living that we enjoy;
how we meet the costs of establishing ourselves as a separate country outside of the UK:
how we deal with the share of the massive UK debt that we would walk away with, including the cost of servicing and reducing that massive debt to an acceptable level, particularly given the high interest rates that we would be confronted with;
how we attract and retain investment from overseas companies when we would be a foundling country with the inherent risks and uncertainties that goes with that status, rather than being part of the established UK and a gateway into the much larger and more attractive UK market;
how we retain our brightest and our best to help drive the newly independent Scotland up and out of the economic and financial hole that it would be in while we, presumably, are a high tax /low amenity country; and
how we cope with a Brexit X 5 situation (or x 10 maybe) if we walked away from, and put up barriers to, the single UK market by opting for EU membership instead?
Each of these things would be a serious problem (some extremely serious) if experienced alone, but collectively this represents a tsunami of economic and financial challenges. So, what's the plan to prevent deep and lasting distress to the Scottish people in the brave new Indy world?
Sorry, the reference to your post should not be in here but I can't work out how to remove it.
Anyway, I am aware that you missed out commenting on the crux of the matter in my earlier post but if you have solutions to the following then it would be great to hear them i.e.
why would an Indy Scotland not be faced with a barage of serious financial challenges from day 1 including
how we deal with the problem of producing revenues that are 25% below the cost of providing us with our current standard of living that we enjoy;
how we meet the costs of establishing ourselves as a separate country outside of the UK:
how we deal with the share of the massive UK debt that we would walk away with, including the cost of servicing and reducing that massive debt to an acceptable level, particularly given the high interest rates that we would be confronted with;
how we attract and retain investment from overseas companies when we would be a foundling country with the inherent risks and uncertainties that goes with that status, rather than being part of the established UK and a gateway into the much larger and more attractive UK market;
how we retain our brightest and our best to help drive the newly independent Scotland up and out of the economic and financial hole that it would be in while we, presumably, are a high tax /low amenity country; and
how we cope with a Brexit X 5 situation (or x 10 maybe) if we walked away from, and put up barriers to, the single UK market by opting for EU membership instead?
Each of these things would be a serious problem (some extremely serious) if experienced alone, but collectively this represents a tsunami of economic and financial challenges. So, what's the plan to prevent deep and lasting distress to the Scottish people in the brave new Indy world?
