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Scotland warned it could lose the pound and be forced to join Euro

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    #71
    Originally posted by AtW View Post
    A spokesman for David Cameron said there were no guarantees that the Scots could keep sterling if they voted against remaining affiliated with the rest of the union.
    Some threat.

    Exactly why, like the BOE, could the BOS not conjure up Scottish bank notes out of thin air? Voila - we could then start speculating on the sterling. Ohh oh involuntary naughty spasm.
    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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      #72
      Originally posted by AtW View Post
      So does it mean a temporary real estate boom will happen in Scotland?

      Scooterscot will be pleased - he'll be voting remotely from his comfortable Dubai prison for a bounced cheque.
      Investments in land and BTL in scotty land. Special price for you.
      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

      Comment


        #73
        Originally posted by Freamon View Post
        Everyone in the UK (i.e. Scotland, England, Wales and NI) should be able to vote on it. I can't see why the Scots should be allowed to vote, and yet if I want England/Wales/NI to be independent from Scotland I can't have my say?
        They're are those in Scotland who (the majority I believe) want the union to remain, myself included, but there's also a majority who want nothing to do with London polities. Clearly wealth is not distributed equally or we would not have London sitting up on high while the rest of the economy sinks into oblivion. Yet this is the position the Tory's are supporting. As long as this remains the case AS I believe shall do everything in his power to finically separate the Scotland from the union and he'll probably get the support, which seems to grow by the day.

        Asking the whole of the UK would achieve nothing and make those in the north more miserable than they already are. Is that what you want?
        "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

        Comment


          #74
          Originally posted by scooterscot View Post
          Clearly wealth is not distributed equally or we would not have London sitting up on high while the rest of the economy sinks into oblivion.
          This is because most of the wealth is generated in London.

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            #75
            They used to call it the 'core-periphery' effect when I were a lad.

            inevitable blah blah blah




            (\__/)
            (>'.'<)
            ("")("") Born to Drink. Forced to Work

            Comment


              #76
              Originally posted by DodgyAgent View Post
              For an assessment of the economic outcomes of Scottish Independence:

              An independent Scotland would struggle for AAA rating - Telegraph
              Not having the debt of England why would we give a flying fig for triple AAA?
              "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

              Comment


                #77
                Originally posted by BrilloPad View Post
                This is because most of the wealth is generated in London.
                No it is not generated, it's conjured. Everybody knows why London wealth is there but the result for the rest of the country is hardly sustainable and if anything shall only lead to
                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                Comment


                  #78
                  Originally posted by scooterscot View Post
                  They're are those in Scotland who (the majority I believe) want the union to remain, myself included, but there's also a majority who want nothing to do with London polities. Clearly wealth is not distributed equally or we would not have London sitting up on high while the rest of the economy sinks into oblivion. Yet this is the position the Tory's are supporting. As long as this remains the case AS I believe shall do everything in his power to finically separate the Scotland from the union and he'll probably get the support, which seems to grow by the day.

                  Asking the whole of the UK would achieve nothing and make those in the north more miserable than they already are. Is that what you want?
                  That doesnt wash though does it.
                  The argument that Westminster is too remote from Scotland is laughable when AS wants to join the EU. All the money in Europe is centralised, small economies like Greece dont see much of it. Why would it be different for Scotland.
                  Just saying like.

                  where there's chaos, there's cash !

                  I could agree with you, but then we would both be wrong!

                  Lowering the tone since 1963

                  Comment


                    #79
                    Originally posted by scooterscot View Post
                    Not having the debt of England why would we give a flying fig for triple AAA?
                    The debt is not English it is British and Scotland accounts for a greater percentage of it than England does. Even if Scotland was only held responsible for its "per capita" share it would struggle to cope.
                    Or are you suggesting that Scotland can part from the Union and not take any of the debt with it?
                    Just saying like.

                    where there's chaos, there's cash !

                    I could agree with you, but then we would both be wrong!

                    Lowering the tone since 1963

                    Comment


                      #80
                      All bets are OFF one of the pandas at Edinburgh zoo are sick!

                      This is a serious international incident.
                      Anti-bedwetting advice

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