The new Scottish independent agenda….

Well there is the possibility that an independent Scotland might get greater oil and gas revenues, but these have declined quite dramatically over the last few years anyway.

Scottish public spending is *very* high, much higher than in the rest of the country, which might suggest that a new Scottish government would need to raise taxes.

An independent Scotland would also find it quite difficult to borrow to fund the massive deficits it would be running right now. Presumably, it wouldn’t have its own currency, either using the pound or the Euro – and, without sovereign monetary policy, it would be vulnerable to self-fulfilling sovereign debt crises just like Ireland or Spain.

10 thoughts on “The new Scottish independent agenda….

  1. adsf

    At this time it seems like Drupal is the top blogging platform available right
    now. (from what I’ve read) Is that what you are using on your blog?

  2. hack

    I don’t even know how I stopped up here, however I thought this put up was good.
    I do not recognize who you might be but definitely you’re going to a famous blogger if you are not already.

  3. whitepages

    Hi, i read your blog occasionally and i own a similar one and i was just curious if you get
    a lot of spam remarks? If so how do you reduce it, any plugin or anything you can recommend?
    I get so much lately it’s driving me crazy so any support is very much appreciated.

  4. whitepages

    Hello would you mind letting me know which web host you’re using?
    I’ve loaded your blog in 3 completely different web browsers and I must say this blog loads a lot faster then most.
    Can you suggest a good internet hosting provider at a reasonable price?
    Thanks, I appreciate it!


Leave a Reply

Your email address will not be published. Required fields are marked *