Comments by "Nigel Johnson" (@nigeljohnson9820) on "Sturgeon talks up Scotland's place in post-Brexit Europe" video.

Scotland has a 9% economic deficit, currently made up by money from the rest of the UK. Much of its economy is base on oil revenue, for which demand is falling. The EU has a requirement that new members run a maximum economic deficit of 3%. If Scotland. Is allowed to join the EU, it will only be breaking the rules like Greece, and we know how that turned out.
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@Alfa&Omega 00000 did you listen to the report. This is someone who comes from a party that felt the need to shine love notes to the EU on the EU parliament building. This really is rather pathetic. Basically she is begging the EU to make Scotland it's slave. As to the EU exercising economic control, tell that to the Italians who could not set a budget without EU approval.
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@Alfa&Omega 00000 Scotland slave to the English, is that why Scotland has its own government but we have Scottish mps in the English parliament? Tell me how many scottish PMs have we been forced to endure. The Italians wère not allowed to set their own budget, and neither will Scotland.
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@Alfa&Omega 00000 no it's not, its price will fall dramatically as oil is replaced. Unless Scotland finds it has cobalt or lithium resources, its economy will be unstable. Scotland will be unlikely to gain access to the EU under its own rules. Scotland also seems to have an inflated view of its importance of it does gain access. The EU is going to be run by the french and Germans, Scotland will just be another small state with financial troubles.
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@Alfa&Omega 00000 that is exactly what Nicola Sturgeon is doing at the moment, unfortunately for her they don't seem to believe her. I think it is funny that in order to gain "independence" she is willing to give back most devolved powers to the EU. If Scotland does somehow manage to rejoin the EU, it will be forced to use the euro and be subject to EU economic control as a result. I have found that those who resort to LOL, are usually hiding their limited understanding, I am glad to see that you confirm that conclusion. Sure you would not like to sink even lower in the credibility stakes by using one or more emoji's.
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@Alfa&Omega 00000 I said Scottish PMs. The Italians were forced to rewrite their budget to get it approved by the EU.
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@Alfa&Omega 00000 no it won't. The markets reacted to the Italian budget, because the EU threatened to sanction the Italians after they tried to set a budget that broke euro rules on the size of its national debt. The Scots will not be immune from the same action.
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@Alfa&Omega 00000 all the evidence in the real world to the contrary. Scotland is hosting a climate change conference, is it going to admit it is going to continue to fund itself from oil? Who is going to buy it when the world is going electric. The financial figures are correct.
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@shabbashabby7260 The Scots will not be offered an opt out, as all new members must adopt the euro. If they were, they really would have no choice but to use the pound. So much for being independent.
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@Alfa&Omega 00000 if you are referring to the Italian budget, yes it was rewritten to avoid breaking euro deficit rules, stopping the Italians investing in their infrastructure projects. Since the SNP do not seem to be able to manage on their current budget, one must question how they will manage when they are told they are not allowed to borrow more.
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@airzoomhuarache leaving the EU is easy???. It has taken three years to escape the grip of this parasite. Maybe the Scots should wait and see if life is better outside the EU, rather than jump back into its maw. It will take time for the UK to recover of the EU parasitic infection, but should be economically a lot healthier after a period of convalescence. By contrast, states that remain in its grip will start to be consumed by ever more central control.
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@Alfa&Omega 00000 you should read EU rules about new members, they are all required to adopt the euro after a short period of time, once they meet the euro entry conditions which are : Government deficit must not exceed 3% of GDP. ...Gross government debt must not exceed 60% of GDP. .... Under the Maastricht agreement, there are no exemptions for new members and the EU can force adoption of the euro, though they have yet to do so, because if the risk of including weaker economies that will devalue the currency. Given Scotland's debt deficit of 9% and dept of 80 plus % of GDP, Scotland will be stuck with the UK pound for some time.
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@Alfa&Omega 00000 the EU has ruled out opt outs for any new members.
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@airzoomhuarache ok Westminster will offer to take all your assets, demand a huge divorce settlement from Scotland and insist on continuing control over the Scottish economy and laws. How likely do you think it is that Scotland would reject these terms?
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@Alfa&Omega 00000 so no change from the Scots since 1st May 1707.
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@airzoomhuarache The IRA appear to have not received the memo. They need to persuade the people of NI to vote for reunification, bombing the UK will make no difference or have a negative effect. All this fuss about the GFA preserving the peace, when the IRA had already broken it. We might as well have left with a hard Brexit and to hell with the Irish border and let the EU impose a NI border.
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@Alfa&Omega 00000 broke??
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@Alfa&Omega 00000 it is irrelevant as the IRA have already shown a willingness to break the agreement, making it ineffective in keeping the peace. As I have already pointed out, IRA attacks on the UK are pointless, as only the people of NI are the only ones who have a vote on reunification. Attacks are likely to be counter productive as no one wants to be seen giving way to terrorists. It is also apparent that neither the republic or the EU has an appetite for the liability that NI reunification represents to them. The may process to wanting it, but not today, not tomorrow, but some time in the future. For the rest of the UK it represents a windfall of about £9.2 billion per annum.
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