58% and rising

[Deeranged]

This statement worries me. I think we will have a share of the national debt that has been run up already. How do we pay for pensions that are already in payment. The public sector pensions are not funded. The money comes in from taxes and goes out to pay pensions. There is no massive public sector pension fund just waiting to be divided up between England and Scotland. I think it would be helpful if the total value of public sector pensions paid each month will bes
so large it would mean an independent Scotland could not possibly pay. It would be helpful if this figure is known. I have nothing against public sector pensions. I am using them because I believe that the figure will be known and I think it will provide a good example why we will not escape Scot free!

We're already responsible for our proportion of the national debt, it won't be like a bank calling in the debt right now in the event of independence, it would crack on increasing same as it will if we stick with the union.

[BCram]

We're already responsible for our proportion of the national debt, it won't be like a bank calling in the debt right now in the event of independence, it would crack on increasing same as it will if we stick with the union.

But it will be our share and our responsibility to deal with.

[dayster]

But it will be our share and our responsibility to deal with.

Just as we would inherit a share of the assets which will be ours to deal with... decommission some nukes hopefully!

[Deeranged]

Just as we would inherit a share of the assets which will be ours to deal with... decommission some nukes hopefully!

Some? Bin the lot.

[dayster]

Some? Bin the lot.

That would of course would be the decision a sensible government would take, however successive UK governments have shown to be clinging to old colonial past and like to see themselves as a big military power which they see as requiring to remain a nuclear force.

I'm sure the good people of Scotland would be delighted to see an end to Nuclear weapons and would celebrate the decommissioning, however as Scotland would only be entitled to 10% of the weapons in line with 10% of debt - we are unlikely to be able to decommission the lot.

However we could sell them on the black market to raise enough cash to pay down the debt