Also agreeMark wrote:
Totally agree - the Leave/Remain debate is over.
Disagree.Mark wrote: However, the divisions very much remain - I just think the election result might have created a brand new one - England vrs Scotland/N Ireland/Wales...
You only have to look at the colours on the map - it stares you in the face....
Scotland is not going anywhere. First step a newly independent Scotland would have to take? Open a bond shop.
Day one of indyScot and you have a bill for pensions, huge public service salary bill, defence, fisheries protection bill, the whole cash flow of the state will need to be financed from day one.
So Scotland will need to issue squilions of bonds to raise money to meet the bills.
They can issue the bonds in pounds, but no control and no ability to print out of thin air.They can issue the bonds in Euros, but again, no ability to print, and having the Germans effectively control your economy. Accepting the Germans want to finance it.
The SNP only debate the easier topics. The knitty gritty they shy away from.