Originally posted by shaunbhoy
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If we get rid of Scotland
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Originally posted by Unix View PostI agree with you, I would prefer eventually a separate currency backed by a huge oil fund. See below for the potential.
Scottish West Coast untapped oil and gas reserves worth trillions - Oil and Gas News
There is a great clip on Youtube of FMQ's a few years ago where Ian Gray (Labour) stands up with a big smug look on his face and says "Would the first minister care to enlighten the parliament as to the source of the money for his Oil Fund ?"When freedom comes along, don't PISH in the water supply.....Comment
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Originally posted by GreyWolf View PostComment
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Originally posted by minestrone View PostUK made 4.7 billion last fiscal year through oil.
Scotland's last deficit was £14.2 billion.
We make more out of financial services than oil but that seems not to bother any nationalist.
The next few years will be bad, 2008 will seem like a blip.Comment
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Originally posted by Unix View PostOil production will ramp up over the next few years, millions has been invested recently hence the drop. Long term Scotland will become one of the wealthiest nations in the world. A manageable deficit is normal in a countries economy.
“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”Comment
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Originally posted by Unix View PostOil production will ramp up over the next few years, millions has been invested recently hence the drop. Long term Scotland will become one of the wealthiest nations in the world. A manageable deficit is normal in a countries economy.
And worthless oil.
And no employers.
And fish stocks that no one buys
And they'll have to give all whisky away duty free.When freedom comes along, don't PISH in the water supply.....Comment
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Originally posted by Churchill View PostTo be fair, you've got "bhoy" in your user name, haven't you croppy?
“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”Comment
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Originally posted by Unix View PostOil production will ramp up over the next few years, millions has been invested recently hence the drop. Long term Scotland will become one of the wealthiest nations in the world. A manageable deficit is normal in a countries economy.
If there was oil to get we would have went and got it in 2008 when the tulip hit the fan.
Oil is gone, its over and we never really got that much from it in the first place. Scotland has not run a surplus since 1989 even with the oil.Comment
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Originally posted by TestMangler View PostStop talking pish !! Scotland would be the only country in the world with a deficit.
And worthless oil.
And no employers.
And fish stocks that no one buys
And they'll have to give all whisky away duty free.
You are right, the games up also this guy is lying
"The British Geology Survey specialist, Howard Johnson, team leader on Continental Margins, stated that: “There is no doubt that there are considerable reserves of oil and gas in the British North Atlantic sector, an extensive Palaeogene Igneous Province is well documented on the conjugate continental margins of NW Europe…..including the British North Atlantic sector. That there is a working petroleum system in at least parts of the UK Atlantic Frontier areas can be demonstrated by finds such as the Benbecula gas discovery in the NE Rockall Basin.”Comment
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