Nicola Sturgeon: Fiscal position of Scotland feature of UK governance

The video discusses the concept of deficits and their impact on a country's independence, using Scotland as a case study. It highlights that having a deficit is not a barrier to independence, as many countries manage their deficits effectively. The fiscal position of Scotland is examined, emphasizing that it is shaped by its governance within the UK. The video argues that an independent Scotland could succeed like other countries with fewer resources. It also covers how countries manage deficits through public spending and borrowing, rejecting austerity measures.

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