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Billions extra for Scotland......
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 HKOwen  Hong Kong 04 May 21 10.08am |
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Like Badger says. Reality doesn't go away painting yer face blue and shouting Freedom. At least Salmond is being more transparent on Alba policy.
Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance. |
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steeleye20  Croydon 04 May 21 1.20pm |
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Thee is no legal requirement for Scotland to repay UK debt on independence and London has already conceded that. After adjusting for London's QE the balance would be in Scotland's favour anyway. Economically viable? You mean printing and borrowing on an unquantifiable scale. They would be well off out!
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ASCPFC  Pro-Cathedral/caravan park 04 May 21 2.09pm |
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Originally posted by steeleye20
Thee is no legal requirement for Scotland to repay UK debt on independence and London has already conceded that. After adjusting for London's QE the balance would be in Scotland's favour anyway. Economically viable? You mean printing and borrowing on an unquantifiable scale. They would be well off out! Give English people the vote and you'll quickly see an independent Scotland, Wales and Northern Ireland. You'll have what you want and more.
Red and Blue Army! |
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| Badger11 Beckenham 04 May 21 2.21pm |
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Originally posted by steeleye20
Thee is no legal requirement for Scotland to repay UK debt on independence and London has already conceded that. After adjusting for London's QE the balance would be in Scotland's favour anyway. Economically viable? You mean printing and borrowing on an unquantifiable scale. They would be well off out! I have no idea about the legalities but like I said you walk away without a deal the money markets will not trust you.
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cryrst  The garden of England 04 May 21 7.48pm |
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Originally posted by steeleye20
Thee is no legal requirement for Scotland to repay UK debt on independence and London has already conceded that. After adjusting for London's QE the balance would be in Scotland's favour anyway. Economically viable? You mean printing and borrowing on an unquantifiable scale. They would be well off out! In another post you noted our 2 T debt.
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Teddy Eagle  04 May 21 7.50pm |
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| steeleye20 Croydon 04 May 21 9.24pm |
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Originally posted by cryrst
In another post you noted our 2 T debt. QE may be a magical monetary theory but nothing is so cool and the governments huge deficit of 2 T has been largely created by QE since the 2008 crisis. It is the Bank of England so I don't think Scotland could be liable.
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| Tom-the-eagle Croydon 04 May 21 10.53pm |
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Originally posted by Orange1290
Edited by Orange1290 (02 May 2021 9.52am) Wrong. According to parliament, Scotland accounted for 9.2% of UK public spending, around 8% of UK revenues and 8.2% of UK population in 2019/20. Please find below link for clarification.
"It feels much better than it ever did, much more sensitive." John Wayne Bobbit |
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| HKOwen Hong Kong 05 May 21 12.26am |
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This is a silly post. " Legal requirement ", student politics level comment. There are no " legal requirements " for any of the possible negotiations that might take place in the fantasy world of Scottish independence negotiations. This is a fact, those pesky things you don't like. Having said that, your contrarian opinions do have a certain comedy value so please don't stop . The SNP majority after the elections will be more of a guide to the possibility of a Labour revival in Scotland than anything else in my view. For decades Labour were guaranteed 40-50 Westminster seats from Scotland, now it's 1, yes ONE The possibility of Labour ever regaining power in Westminster is in great part linked to them regaining the lost Labour "safe seats" in Scotland, so Labour will never agree or support anything that furthers the cause of Scottish independence. Originally posted by steeleye20
Thee is no legal requirement for Scotland to repay UK debt on independence and London has already conceded that. After adjusting for London's QE the balance would be in Scotland's favour anyway. Economically viable? You mean printing and borrowing on an unquantifiable scale. They would be well off out! Edited by HKOwen (05 May 2021 12.30am)
Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance. |
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| ASCPFC Pro-Cathedral/caravan park 05 May 21 11.07am |
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Get half of Glasgow to work one day a week first.
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| HKOwen Hong Kong 06 May 21 8.19am |
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Why are you still banging on about legal requirement? If ignorance is bliss I envy your blissfulness, but, keep up the comedy Originally posted by steeleye20
Thee is no legal requirement for Scotland to repay UK debt on independence and London has already conceded that. After adjusting for London's QE the balance would be in Scotland's favour anyway. Economically viable? You mean printing and borrowing on an unquantifiable scale. They would be well off out!
Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance. |
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| HKOwen Hong Kong 06 May 21 8.43am |
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Thank goodness the Govt inherited a healthy fiscal position from Labour or we would be in real trouble..........yawn It's time to move on, the financial crisis added to the irresponsible financial management of Brown, but no time machine etc so we have to work with what we have now, which thankfully is very low interest rates for UK Govt borrowing. QE is more or less Keynesian theory. Politically the Johnson Govt has fiscally taken the middle ground Starmer wants. This is a purple not blue Govt Do really think the Bank of England only deals with England? If yes you're an idiot But, keep up the comedic nonsense, entertains at least Originally posted by steeleye20
QE may be a magical monetary theory but nothing is so cool and the governments huge deficit of 2 T has been largely created by QE since the 2008 crisis. It is the Bank of England so I don't think Scotland could be liable.
Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance. |
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