Quote Originally Posted by Deeranged View Post
That's worst case Islay.

Yes, the block grant from Westminster would eventually stop but then the outflow of cash from Scotland to Westminster, which contributes significantly to the block grant, would also stop so the net loss is not the total of any block grant and it's wrong to say the its value would suddenly disappear.


There are figures out there which differ depending on which side produced them, personally I'm not an economist and don't know who to believe. My inclination toward independence is based mainly on what I see as centuries of oppression and I'm confident that those with the economic background would carry it off.

I recently lost a good friend who was a retired Professor of Economics at St. Andrews University. He was adamant that Scotland had nothing to worry about economically in the event of independence, indeed would most likely prosper after an initial short stagger whilst adapting. No offence to you or anyone else but I'll trust his judgement and opinion before I'll trust any spin doctor or politician with a personal or party agenda.
Which money is being sent south of the border to England.
You will probably have read that the members of Shetlands Islands council have instigated steps to set up a referendum asking the people in Shetland whether they want the Shetland Isles to remain part of Scptland or leave whilst still remaining part of the rest of the UK. If that happens it is likely that the Orkney Islands will follow suit.
The Shetland residents are fed up that the SNP controlled Scottish Government are centralising everything in Edinburgh.
One of an independent Scotland’s main source of taxation from the import of oil would be gone for ever if the residents of Orkney and Shetland vote to leave Scotland.
When I was a pupil at Morgan Academy Senior Secondary School I had an economics teacher who used to teach us that every industry in the U.K. should be nationalised.
He should have taught us a balanced view not his own political views which were bordering on Communism.