User blog comment:Saturn120/Scotland Referendum - Aye or Nay?/@comment-4621372-20140916230032

An Independent Scotland would be great!

Except for two things.

A) If the majority of the Scottish decided against Indepedence, then let me make this clear; we have NO BUSINESS telling them that is wrong.

B) If they do vote for independence- highly unlikely imo- then they'd better buckle up, because times of economic hardship are coming. The average Scot have 1,300 pounds more spent on him every year than the average UK citizen, but for all that, most of the largest sources for revenue in the UK are square in England/Wales. Oil prices are too volatile for North Sea Oil to support Scotland by themselves- and there are signs of that peaking.

The noise that the European Parliament is making also suggests they would recieve few of the opt-outs the UK gets, and Westminister has made it clear that a currency union is not on.

The result would most likely be an economic devastation in Scotland of a scale never seen before. Also, the remainder of the UK- with 92% of the population and 2/3 of the land- would leave the EU.

This would place much more strain on Germany and France, and would no doubt cause a run on the Euro. France, already experiencing severe issues, would not be of any use, and Germany would not be able to support the EU all by itself.

Remember the Great Depression? In 20 years, they'll be referring to it as "that rainy day".

The economic consequences of a collapse of the Euro are just too horrific to bear. Russia, ironically, would also suffer, because a ridiculous portion of their budget comes from selling gas to the now destitute nations of the EU.

Trade between America and the EU goes to something like 1 trillion dollars every year. This, too, is a huge issue.

Holy Crap I stand corrected about Scotland WHAT ARE THEY DOING????