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It would be shockingly large if it was £40 billion, but it is nowhere near that figure.
http://www.scotland.gov.uk/Topics/Statistics/Browse/Economy/Q/pno/3
Ahhh - yep your right Diablo - sorry - was getting figures mixed up and I didn't check.
£40bn is the amount the Oil & Gas sector is worth to the UK economy, of which the SNP say about 90% should be Scotland's under a "geographical share".
So yes a roughly £4bn shortfall annually on income when you compare to existing cost structure.
Put that in context, that's the entire budget for "Education and Lifelong Learning" and "Justice" shortfall every year - even without increased debt payments based on a pretty swift move to remove the AAA rating that Scotland enjoys as part of the UK.
But when you look up "deficits", "geograhpical share" vs "per capita share", "share of debt" there's no one set of figures available to ministers or the public where we can all make an informed judgement.
There are soooooooooo many variables it's ridiculous for anyone to really be able to compare like with like in order to make an informed decision.
This for me is exactly why there is no way Independence should happen now - as no one can make the a decision having been given all the facts.
Can you imagine no Pound and no Euro, no membership of the EU, no part in NATO, no defence force and then a rising deficit each year in the order of £4bn in the first few years and then rising quickly as debt mounts and the credit rating sinks?
I think most people just want to see some facts that the majority can agree on - so you can compare and listen to reasonable arguments for and against.
TW
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