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  1. #11
    Join Date
    Jun 2013
    Posts
    5,488
    Quote Originally Posted by Taintedice View Post
    Gold and foreign currency reserves would total about £50bn for a per capita share, if Scotland is expected to take per capital share of debt. Not sure what current expenditure you're referring to. Would cost rUK over £200bn and at least a decade to relocate Trident so deals to be made, cheer up.
    The annual budget deficit as per the Barnett formula is about £10bn so at £50bn that's 5 years and we are back to borrowing. If our share of reserves is £50bn on a per capita basis that implies that the total value of UK assets is £5trillion. Have just Googled the figure and the value seems to be £5.5trillion.
    Last edited by BCram; 19-10-2020 at 10:24 AM.

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