Once again Labour have been successful in putting the United Kingdom into recession with £750 billion pounds of debt which is could to rise to £1.4 Trillion. This debt equates to every new born child owing over £17,000. Servicing the interest on that debt will be more than the cost of educating the child, more info.

However Scotland could be debt free in 5 years. If the people of Scotland vote for Independence in 2010 the amount of that debt that would be attributed to Scotland would be reduced to £62.5 billion, as Scotland's population is a twelfth of the size of the United Kingdom.

As Scotland currently receives NO Scottish Oil and Gas revenues worth approximately £13 Billion per annum, this new money could pay off Scotland share of the debt in less than 5 years.

= £62.5 Billion (divided by) £13 Billion Oil and Gas Revenues = 5 Years and Scotland could be free of debt.