posted on May, 22 2013 @ 12:17 PM
The reason i posted in here is because i wanted other people to give some opinions on an Independent Scotland and it's potential to be free from a
Many of you are smart enough to know where Scotland is on a map so straight into my question. The Scottish national party (SNP) has brought around a
referendum for 2014 so Scottish people can vote on independence from the U.K, they claim that Scotland will have a smaller debt proportion to that of
the rest of the U.K but freely admit that to fund their grand plans they would have to borrow some cash. It would appear to me then that to offset the
borrowing, including various renewable energy resources, fresh water, green initiatives, whiskey, coal, natural gas, oil, gold, the list is endless
really, they would have to ramp up production to pay-off the loans or attract a greater list of corporations willing to invest.
Scotland being an independent nation could potentially mean it reverting back to a gold standard, maybe starting it's own currency or even commencing
trade of oil in euros. All of these are good but from the opposite side you can see inherent risks. Gold and oil could crash in price leaving a major
piece of the economy missing, some of the business they were trying to attract may never appear leaving Scotland with huge debts. Even worse would be
an influx of multinationals who strip Scotland of her resources and decide not to bother paying their taxes.
A majority of the political parties are of the view that the union of the U.K should stay and to leave would an economic catastrophe for Scotland, the
Chancellor of England (Britain) has also stated they might not even be able to trade in Sterling if independence is won.
Scotland would also need to set-up a military force, intelligence agencies, a new tax/benefit system, an NHS, improved infra-structure, a broadband
exchange, high speed rail-links etc..
My question then to ATS is "Given the potential to be independent and maybe prosperous, could Scotland really make it without the shadow of the