Count Orduck
Full Member
- Joined
- Jan 15, 2012
- Messages
- 7,092
I really don't think the impact on the economy will be as big as people think. Once YES has been confirmed, some very clever people with very good ideas will have two years to sort everything out. Even if some of them were against independence to begin with -- and might still believe that NO would have been the better choice in a vacuum -- once it's accepted that YES is happening no matter what, things will get sorted to the best they can be.
Ignoring Scotland's finances for a moment (because enough has been said on that), I think the UK might find itself better off. Yes, they'd lose the immediate access to the oil tax revenue, but it also means they have a smaller pool of people to whom they have to distribute public finances. Sure, the finances themselves will be lower, but smaller machines run more efficiently.
I'd be genuinely happy if all the countries in the current United Kingdom just broke off from one another and went it alone, except for NI which would probably rejoin with the Republic. Especially if they all remained in the EU and so kept their open borders and free trade anyway.
Ignoring Scotland's finances for a moment (because enough has been said on that), I think the UK might find itself better off. Yes, they'd lose the immediate access to the oil tax revenue, but it also means they have a smaller pool of people to whom they have to distribute public finances. Sure, the finances themselves will be lower, but smaller machines run more efficiently.
I'd be genuinely happy if all the countries in the current United Kingdom just broke off from one another and went it alone, except for NI which would probably rejoin with the Republic. Especially if they all remained in the EU and so kept their open borders and free trade anyway.