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Old 09-16-2014, 11:54 AM   #125
Itse
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Quote:
Originally Posted by Bagor View Post
What do you mean by "more of it's economy actually benefiting the Scottish"? Are you suggesting that money generated by the Scottish economy is going elsewhere? That they give more to the UK than they receive?
Yes, this is my understanding. But what I've understood, North Sea oil is what creates this situation. Otherwise it's probably vice versa.

Here's a seemingly worthwhile article on the topic.

http://blogs.channel4.com/factcheck/...-it-alone/6524

These couple of quotes pretty much sum up what I think is somewhat obvious:

Quote:
“It’s almost certain that Scotland would survive as one nation and have reasonable performance, but whether it would be well-placed to cope with significant shocks like the major financial crisis we saw is another thing.”
Quote:
“It isn’t necessarily the case that either Scotland or England would be better off by separation. Both could be worse off.”
Quote:
None of the economists FactCheck contacted thought there was a serious risk of an independent Scotland failing to survive.
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