Brexit and the future of the Scottish & UK economy

[@jamesm9534]

Yes GDP will increase if immigration is higher BUT the GDP per capita does not necessarily increase.

[@jackjoel18]

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[@scottbeatie3307]

Scotland does not want Brexit and if Westminster does not listen it will be independence

[@RPLAsmodeus]

Tough Shit! You're talking about 1 million people that voted remain. What about the other 5 million people in Scotland? Brexit is happening whether you like it or not!

[@scottbeatie3307]

RPLAsmodeus 5 mil can they vote. no. stop being a dickhead only 2.5mil can vote. Independence is what majority once post Brexit

[@scottbeatie3307]

RPLAsmodeus it's not what I think it's fact you uneducated moron. If England left the UK. The ruk would default on the loan repayments as the RUK is legally responsible which is exactly the case. Try and educate yourself on finance and responsibilities.

[@scottbeatie3307]

RPLAsmodeus PS part of the UK yes but not if we are independent we will not be part of the UK - you have just proven my point - moron

[@scottbeatie3307]

RPLAsmodeus look moron. it's rather simplistic matter of law as the owner of UK debt is the UK government as they borrowed. If you bothered to read Scotland is part of the UK has extremely limited borrowing powers please read and Google Scottish Ministers currently* have no powers to raise extra resources by borrowing or sanctioning borrowing. They may borrow sums from the Secretary of State for Scotland in accordance with section 66 of the Scotland Act 1998 but only to meet temporary shortfalls of cash, or to provide a working balance in the Scottish Consolidated Fund (SCF). Scottish Ministers may borrow money only under this power or under powers conferred by separate Acts of the UK Parliament. Section 67 of the Scotland Act makes provision for HM Treasury to issue sums by way of a loan to the Secretary of State out of the National Loans Fund (NLF) in order to make loans to Scottish Ministers. Repayments from Scottish Ministers to the Secretary of State are a charge on the SCF and are not therefore subject to authorisation by the Parliament.

[@jamesm9534]

It is now 2021, the UK has left the EU and the transition period. Most of these dire projections DID NOT HAPPEN. The treasury's predictions eg the emergency budget was completely wrong. All these models depend on the assumptions made at the outset. When you change the assumptions you can make the model predict anything that you want. Since these people are remainers the bias is obvious.