Darling, Darling, Darling, versus the Salmond

[eek]

So why would you not attribute revenue to the country that generates it ?

Its supposedly very hard to attribute oil and gas revenue easily. I don't think its helped by the fact various pipelines hit land in England...

[Batcher]

Source?

Knock yourself out

"Scotland accounted for 9.3% of UK public spending between 2008-09 and 2012-13, while generating 9.5% of tax receipts - it put in more than it got out. It suggests that tax receipts are currently 14% higher in Scotland than the rest of the UK"

http://www.scotland.gov.uk/Resource/0045/00451336.pdf

Would Scotland be economically better off if it was independent? | News | theguardian.com

[d000hg]

And so they should have. That's capitalism.

I think you're confusing capitalism with some sort of natural law

[scooterscot]

I think you're confusing capitalism with some sort of natural law

If the leg of the chair you're sitting on gives way don't expect some magical QE force to keep you aloft.

[Unix]

If the leg of the chair you're sitting on gives way don't expect some magical QE force to keep you aloft.

While I see were you are coming from, letting such a large bank fail, would have likely brought down many other banks/businesses and caused untold mayhem. Ever heard the expression "too big to fail"?

[DodgyAgent]

Whilst I am all for devolvement of power and direct accountability I am not sure how Scotland plans to get improve its economy. As far as I can see it will be run by socialists who have not got the first idea of how to create wealth

[scooterscot]

Knock yourself out

"Scotland accounted for 9.3% of UK public spending between 2008-09 and 2012-13, while generating 9.5% of tax receipts - it put in more than it got out. It suggests that tax receipts are currently 14% higher in Scotland than the rest of the UK"

http://www.scotland.gov.uk/Resource/0045/00451336.pdf

Would Scotland be economically better off if it was independent? | News | theguardian.com

Remember reading the tax receipts statistics a couple of years back. The inequality makes you think, we'll we're used to being shafted, what harm will a little bit more do. But then you see how it's spent, illegal wars, duck houses, etc makes your blood boil

[scooterscot]

While I see were you are coming from, letting such a large bank fail, would have likely brought down many other banks/businesses and caused untold mayhem. Ever heard the expression "too big to fail"?

A term generated by the bank itself. On my death bed I'll shout NOooooo and an lo and behold I'm injected with 50 years of new life.

Many of the bank's customers, investments, were gamblers themselves. Folks who borrowed too much, pyramid schemes. Magic UK QE / your tax money is supporting loses at home and abroad. Yes savers who did no wrong were caught up. My UK savings remain firmly in the building society.