You can investigate the Irish economy here:
https://data.oecd.org/ireland.htm#profile-finance
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You can investigate the Irish economy here:
https://data.oecd.org/ireland.htm#profile-finance
Something I always wonder, if Wales and Scotland are so poor, insignificant and a drain on the English taxpayers, why hasn't England gone it alone in the past 500 years? Why subsidise Wales if there is no aspect of us ever being able to support ourselves?
In addition to this, how does Wales have some of the poorest regions in Europe which includes places that was been in and out of civil wars and struggles? How is this even possible after up to 500 years of being in the 'greatest' union the world has ever seen? Surely we would be thriving by now?
Finally, how is Cardiff the place in the entire world where the first £1,000,000 cheque was signed? Nobody would ever guess that looking at the surrounding areas, because all the money generated from all industries was pumped straight down to London.
It's a massive achievement for independence to be at the forefront of the political debate, no matter what your opinion is, it does no harm in debating anything.
These are all legitimate questions I have for unionists. It's a pity Wales never had enough of its own powers to use any of this money for its own good.
Thanks all for contributing ... Some really astute and interesting posts, from both sides of the argument and from those undecided or flirting with the idea of independence. And mostly respectful of each others opinions even when polar opposite..
I wasn't trying to cause arguments or convert anyone, but just gauge the temperature for independence.
Diolch yn fawr
It is a huge issue. Wales would have no say over interest rates or monetary policy and would have to accept controls by the Bank of England or Brussels if the euro is adopted meaning the country couldn't possibly be truly independent.
I would love to think Wales would be able to survive independently but how would they deal with this pandemic financially when all the money resulting from the Drakeford's latest firebreak will be provided by London? The answer is they couldn't fund this pandemic on their own and couldn't raise the money without permission from London where monetary policy is set.
I love the idea of Wales being truly independent but I cant see how economically viable it is in the near future. Saying that though, the question of Wales's identity and potential independence should never go away, and if it takes an organisation like YesCymru to stop the idea from disappearing, then it's fine by me.
Yes.
We are a comparatively humble people.
No illusions of grandeur.
We would get along fine by ourselves.
We wouldn't balls things up like England has done with Brexit and would maintain decent relations with countries around us, making us a viable member of the EU and a sustainable independent state. It's all about diplomacy when it comes to the economy.
Those of you who have concerns about the economic impact should listen to the latest YesCymru podcast.... amongst other things.
I get the feeling that fearing independence is part of colonial conditioning. You are obviously made to feel inadequate when placed next to such a huge power. However, that power is now fading rapidly and countries like Wales, Scotland, Ireland no longer look like such no-hopers.
I don't have the data to back this up I wonder if;
Brexit supporter = No to independence
EU supporter = Yes to independence
Would have thought other way around.
I remember reading years ago someone who had written a paper on infrastructure, and what overviews of populated areas looked like. I've looked for it many times since, but have never been able to find it.
It said that south wales had the classic infrastructure designed to strip natural resources away from an area and extract all the wealth away from there as quickly as possible. It showed numerous other examples elsewhere in the world that were similar
It's likely to be around that this year!
As a % that kind of deficit for Wales wouldn't be unprecedented, and other countries have managed that previously and come out the other side much better.
The idea being if you have an economy run to benefit Wales then we will see increased growth, and reduce the defecit.