A few days ago Scottish people had a vote on weather or not they should part with the United Kingdom. Though many say it would have regained Scotland’s “place as one of the great intellectual and economic innovators” of the world, there would have been numerous economic downfalls that resulted. New currency would have to be made, national debt would be inherited, and the countries military would be severely cut in size.

Since Scotland does not want to be apart of the United Kingdom anymore, they won’t be
allowed to use the British pound. A solution to this would be to join the European Union, but most Scotsman do not want that. This is a major problem that cannot be pushed aside. Currency in one’s country is very important and is directly related to how well your economy does and also has effects on who will travel there. In the United States, the national debt is very high and as a result inflation makes their dollar weak and worth less than others.

Also, like all other countries, the United Kingdom has debt. If Scotland thinks that they will not have any part in help paying it off, they are mistaken. Around 100-130 Billion dollars of the total 1 trillion will be transferred to Scotland and will not be an easy task to pay off. Though Scotland does export many products, it will still take decades to pay off this large total.

Another result of Scotland parting would be the cut in their military size. The countries defense would be in jeopardy and would force them to rely of other countries support in the event of an attack. This is an issue, as a few countries in Europe like to fight against others to take land. Most recently Russia invaded Ukraine in hopes to take over Crimea. Scotland is small in size and is surrounded by water, which makes them very vulnerable to naval attacks.

If the Scottish population was to vote ‘yes’ to leaving the United Kingdom, the economy would take a massive downswing and many major problems would arise that would have to be dealt with immediately.

News Source: http://www.bbc.com/news/uk-scotland-29270441

Picture Source: http://one-europe.info/user/files/Laura/yes-no2.jpg