IndyRef2 : This time it's war!

[jamesbrown]

https://www.commonspace.scot/article...nvestment-bank

A national investment bank is a mechanism to funnel (waste) government spending on infrastructure and other pale shades of elephant. A central bank is responsible for money supply, financial stability, and regulation of commercial banks. You need a currency for starters. It's like comparing a deep-fried Mars Bar with an 8-course menu at the Ritz.

[eek]

Yes I do know what a lender of last resort is. Plans are afoot to look at setting one up as well as a stock exchange in Edinburgh. If Scotland gets independence and stays in the EU, therefore holding the banking passport, financial services will move to Scotland in droves.

[Batcher]

Do you know what a bank of last resort is and what it needs to be able to do? That investment bank is many things its not what you need if you want to move the City of London to Edinburgh...

Yes I do know what a lender of last resort is. Plans are afoot to look at setting one up as well as a stock exchange in Edinburgh. If Scotland gets independence and stays in the EU, therefore holding the banking passport, financial services will move to Scotland in droves.

[Batcher]

I still don't get what the "Out" Scots want. To leave the Uk, only to replace the largely benign Uk government with the EU? To lose the funding from the Uk, alongside a long-term collapse in oil price? To lose tens of thousands of Uk public sector jobs while only having three people and dog working in the private sector?

UK government is not benign. The act of union was supposed to be a political union between two equal nations. Scotland is not treated as an equal. We would be an equal independent nation in the EU and would have our turn at holding the presidency. We are inside the EU until Brexit happens so we would continue as members substituting UK with Scotland.- EU's chief Brexit negotiator agrees with Nicola Sturgeon that independent Scotland would gain automatic entry - Daily Record

The oil price has gone up again and anyway, we are the only nation to have oil and yet be apparently poorer for it.

The SNP want to scrap Trident, along presumably with the thousands of supporting jobs on the Clyde.

520 jobs actually and they would be retained as a Scottish Navy would be required to patrol the coast. FactCheck: should we scrap Trident?

Fine, if Scotland wants to leave, then let them go. I just don't see what they expect their future to look like, other than bleak and impoverished.

We won't be bleak and impoverished. As Nicola said today:

"We are one of the wealthiest nations on earth.

We are rich in natural resources.

We are world-leaders in life sciences, technology and renewables.

We are at the cutting edge of advanced manufacturing.

In tourism, and in food and drink we are unrivaled.

Our foundations are strong.

So if the choice we face is an inward looking, insular, Brexit Britain, governed by a right wing Tory party, obsessed with borders and blue passports at the expense of economic strength and stability -

Or a progressive, outward looking, internationalist Scotland, able to chart our own course and build our own security and prosperity, then know this -

- that is a case we will win."

[eek]

https://www.commonspace.scot/article...nvestment-bank

Do you know what a bank of last resort is and what it needs to be able to do? That investment bank is many things its not what you need if you want to move the City of London to Edinburgh...

[Batcher]

And how is the Scottish Government going to create a Central Bank capable of acting as a bank of last resort for a big city firm.

https://www.commonspace.scot/article...nvestment-bank

[Batcher]

But they all had a vote, THAT is the critical thing. And they will STILL have a vote next time round too. Meanwhile there is now zero chance (if there ever was any) of Scotland retaining the pound, plus the amount of oil reserves has continued to dwindle and the price of Oil has plummeted too. All adding up to even less chance of a YES vote than last time.
Looks like you will be able to get that hat-trick of spectacular referendum failures under your belt even sooner than previously imagined scooter.

Honestly, Sturgeon is like the desperate Captain of the Titanic scanning the horizon for an even bigger iceberg to aim at!

BP confirms discovery of new £150m a year North Sea oil field | Scottish Energy News

[Batcher]

Lots of countries much poorer than Scotland stand on their own two feet. An independent Scotland might not be a prosperous G8 nation but they're still a 1st-world nation.

Apart from anything else, Scotland is 1/3 of the UK by area but only 1/13 the population. They could actually grow all their own food and generate all their own energy if they needed to, we sure as heck cannot. Scotland could probably run 100% on green energy if it had to(?)

Scottish wind turbines produced enough energy to power country for an entire day

[Flashman]

How about this for a more accurate headline?

[jamesbrown]

Wow. OK if it makes you feel better the UK is on an absolutely stable keel, you won't be paying £7 a pint on your next holiday and nobody is at all concerned about anything.

This is like reading the comments on Trump's FaceBook page.

Weeeeeeeeee!