• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

If we get rid of Scotland

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    #51
    Originally posted by Batcher View Post
    He was weak in that he allowed himself to be drawn into the war too easily. He didn't have agreement from the UN and it was an illegal war because of that.

    The second part isn't a different matter as DA's last comment was "If it is not the English toffs its the big bad Americans ". The Big Bad Americans have the English toffs in their pocket because they have dollar signs in their eyes.

    Just look at the state of Westminster, despite most of them cheating on their expenses only a few went to jail. And yet they are claiming even higher expenses than they did before and are awarding themselves another 9-11% pay raise. They keep putting more mates into the HoL so they can claim £300 a day to snooze or go off shopping up the west end.

    If you or I cheated on our expenses, do you think they would say "just pay it back and we'll say no more about it?"

    More Scottish MPs involved in latest Westminster expenses scandal

    As soon as we get the filth out of westminster and packed off back to Scotland we can look foward to no more wars no more bust banks and no more fiddlers
    Let us not forget EU open doors immigration benefits IT contractors more than anyone

    Comment


      #52
      Originally posted by Old Greg View Post
      Flight within the current UK is entirely possible (but certainly far from inevitable). When savers took their money out of Northern Rock, it was to put it in other UK banks. It is about perception, and the risk is that despite panic being irrational for a group of savers, panicking first can be entirely rational for an individual saver, causing liquidity problems for an otherwise solvent bank.
      Most of the "Scottish" banks are based in London and will register in rUK if Yes. So capital flight is not going to happen. Unless it's flight from UK elsewhere, which will happen if Westminster plays hardball with the currency setup of Scotland.

      Comment


        #53
        Originally posted by jemb View Post
        It's more of a case of perception. Sterling is sterling so a flight is meaningless in the near term. If banks start to ring fence cash in RUK accounts then Scottish debt appears to look a bit toxic.
        A CU isn't going to happen; in the event of a Yes vote it will be announced by the treasury within a few days as a means of calming the markets and giving clarity to the RUK economy.

        All a bit sh1t really.
        You have to be extremely stupid to think rUK can play hardball with currency options and let Scotland crash and that to have zero impact on rUK. rUK and Scotland are tangled together economically. Salmond knows this hence his confidence of a CU.

        It is a huge gamble to have used that tactic by the no campaign as if a Yes votes happens they will have to backtrack very quickly.
        Last edited by Unix; 15 September 2014, 13:16.

        Comment


          #54
          Originally posted by Unix View Post
          You have to be extremely stupid to think rUK can play hardball with currency options and let Scotland crash and that to have zero impact on rUK. rUK and Scotland are tangled together economically. Salmond knows this hence his confidence of a CU.
          I agree that the only way CU would happen would be if there was a serious risk of a significant economic collapse in Scotland. But there is no reason to think this will happen, as Scotland will make a good go of it alone. So as neither side wants a CU, there will be no CU.

          Comment


            #55
            Originally posted by Unix View Post
            Most of the "Scottish" banks are based in London and will register in rUK if Yes. So capital flight is not going to happen. Unless it's flight from UK elsewhere, which will happen if Westminster plays hardball with the currency setup of Scotland.
            It's about confidence. If savers think other savers will panic first, they may stick their money in Santander or Barclays.

            Comment


              #56
              Originally posted by Old Greg View Post
              Flight within the current UK is entirely possible (but certainly far from inevitable). When savers took their money out of Northern Rock, it was to put it in other UK banks. It is about perception, and the risk is that despite panic being irrational for a group of savers, panicking first can be entirely rational for an individual saver, causing liquidity problems for an otherwise solvent bank.
              Bang on.
              The perception will hit Scotland as opposed to the banks (they'll just ringfence cash to ensure that it's help in RUK).

              Comment


                #57
                Originally posted by jemb View Post
                Bang on.
                The perception will hit Scotland as opposed to the banks (they'll just ringfence cash to ensure that it's help in RUK).
                24 billion barrels of oil might help calm peoples fears just a bit.

                And that's before we chuck trident and start on the Firth of Clyde where there could be untold deposits.

                Last edited by Unix; 15 September 2014, 13:30.

                Comment


                  #58
                  Originally posted by Unix View Post
                  24 billion barrels of oil might help calm peoples fears just a bit.

                  And that's before we chuck trident and start on the Firth of Clyde where there could be untold deposits.

                  The tax on 8% of 24 Billion Barrels of Oil will have **** all impact on the grand scheme. You're going to get taken to the ******* cleaners. A raped desolate land is all you'll become.

                  I for one will be laughing my bollocks off all the way.

                  Comment


                    #59
                    Sounds like the British people need a referendum to see if we want to leave the UK too.

                    This is warming up, I really hope that the majority of average Scottish people have the necessary true information to enable them to make an educated decision rather then some purely emotional we want to be Scottish vote.

                    There is an awful lot to consider. Interesting interviews the other day about sports stars moving, to live and train in the UK cos Scotland doesn't have all the necessary training infrastructure. Not something I had even considered.

                    I am sure there are plenty of things like this, but ones that will have a greater -ve effect on the Scottish people, economy, government etc...

                    Personally I, as an English man, think the UK is better together, but also see why the Scottish want their independence, just think there are loads of unknowns, and its not an easily reversible decision.

                    Good luck on Thursday, hope you make the right choice.
                    Never has a man been heard to say on his death bed that he wishes he'd spent more time in the office.

                    Comment


                      #60
                      Originally posted by Churchill View Post
                      The tax on 8% of 24 Billion Barrels of Oil will have **** all impact on the grand scheme. You're going to get taken to the ******* cleaners. A raped desolate land is all you'll become.

                      I for one will be laughing my bollocks off all the way.
                      Hadn't you heard; the Jockos will be nationalising everything.
                      Error 404: Signature not found.

                      Comment

                      Working...
                      X