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The New Fat Scotland 'Thanks for all the Fish' Thread.

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Comments

  • fun4everyone
    fun4everyone Posts: 2,369 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    antrobus wrote: »
    There won't be another vote until the UK parliament is persuaded to hold one.

    I'm not sure what kind of 'fantastic deal' the EU might offer. Faced with an application from a hypothetically independent Scotland they are more likely to be concerned about the size of the fiscal deficit. As in a firm commitment to get it down fast, and a strict timetable for the adoption of the Euro.

    Yep agreed on their being no vote anyway (once in a lifetime, or a generation).

    As for the "fantastic deal" - the EU would indeed be very incentivized to offer one - but what can they do on currency? An independent Scotland would most likely be forced to join the Euro - which is a complete joke that is doomed in the long term. Either that or they would be using the pound without being in a currency union. Another recipe for disaster.
  • antrobus
    antrobus Posts: 17,386 Forumite
    Thrugelmir wrote: »
    Not the EU's problem though. It's Scotland's to solve. ...

    Dunno. The EU might want a commitment to ensuring that there was a frontier to stop goods from being shipped into Scotland and then being re-exported tariff free into the rest of the EEA,
    Thrugelmir wrote: »
    Rather undermines their negotiating position of walking away from their share of the National debt.

    I think that negotiating position only exists in the mind of certain indy nincompoops. I believe that the SNP's very own Sustainable Growth Commission accepts that there is a take on of debt,

    https://www.bbc.co.uk/news/uk-scotland-scotland-politics-44237956

    The SGC reckons that an independent Scotland would start out with an annual budget deficit of just under 6%, and then spend ten years getting it down to under 3% of GDP. The EU recently got upset with Italy for proposing to run a deficit of 2.4%. Now I know that this hypothetical state won't be in the Euro, so perhaps it won't matter as much. Although since it seems this hypothetical state will be using GBP, i.e. somebody else's currency over which they have no control or say, it might matter more.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    antrobus wrote: »
    I think that negotiating position only exists in the mind of certain indy nincompoops. I believe that the SNP's very own Sustainable Growth Commission accepts that there is a take on of debt,

    My comment was a generalisation. Separating Scotland from the rest of the UK. Is a greater challenge than Brexit.
  • antrobus
    antrobus Posts: 17,386 Forumite
    Thrugelmir wrote: »
    My comment was a generalisation. Separating Scotland from the rest of the UK. Is a greater challenge than Brexit.

    Oh I agree. It will take years and years.

    One of the many things the Sustainable Growth Commission fails to take account of is the cost of all those extra civil servants it will need to negotiate the million and one things that need be agreed over those years. Another is the cost of running pre-independence shadow authorities, Another would be ......
  • antrobus wrote: »
    One of the many things the Sustainable Growth Commission fails to take account of is the cost of all those extra civil servants it will need to negotiate the million and one things that need be agreed over those years. Another is the cost of running pre-independence shadow authorities, Another would be ......

    We also need to remember that when we go independent we will need to replace the civil servants doing functions outside Scotland (MOD, Foreign Office, DVLA, various Whitehall departments) with jobs in Scotland.
    There will be a net economic benefit to Scotland as we currently pay our taxes for jobs outside Scotland.
    baldly going on...
  • .string.
    .string. Posts: 2,733 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    We also need to remember that when we go independent we will need to replace the civil servants doing functions outside Scotland (MOD, Foreign Office, DVLA, various Whitehall departments) with jobs in Scotland.
    There will be a net economic benefit to Scotland as we currently pay our taxes for jobs outside Scotland.

    With that gem, it's no wonder that fervent Nats think Natland is festooned with gold.
    Union, not Disunion

    I have a Right Wing and a Left Wing.
    It's the only way to fly straight.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    We also need to remember that when we go independent we will need to replace the civil servants doing functions outside Scotland (MOD, Foreign Office, DVLA, various Whitehall departments) with jobs in Scotland.

    A considerable challenge given the available pool of labour.
  • .string.
    .string. Posts: 2,733 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Thrugelmir wrote: »
    A considerable challenge given the available pool of labour.
    Maybe they can come from the 6000 to 7000 staff at the Inland revenue offices which deal with UK Wide tax, or at least those those that don't follow the jobs South.

    Not that I want that of course, that's the point; In the UK we are content to share the jobs around.
    Union, not Disunion

    I have a Right Wing and a Left Wing.
    It's the only way to fly straight.
  • Arklight
    Arklight Posts: 3,182 Forumite
    Ninth Anniversary 1,000 Posts
    There is no penury proud Scots will not endure for freedom. No price too high, no round too large, no fiscal generosity towards their fellow man too ambitious.

    Purse strings shall loosen.
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