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Scotland's new currency

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    #61
    Originally posted by scooterscot View Post
    It would turn out certain passages in the report produced by this civil servant, which the media has chosen to ignore, suggest a currency union would be something to consider if it were believed Scotland continued to use the currency for the next 30-50 years.
    No, they were reported as well. The reality is that even if it were considered Scotland would always be a weak partner with no control over monetary policy. If they want to be truly independent they would do better to take the scottish pound as a separate currency IMO.

    The trouble with most analysis of the various "options" is that most of them aren't options at all, because the shape of independence will be dictated by what can be negotiated with Westminster. This seems to have been overlooked in the propaganda. It seems clear that they aren't going to get a currency union where they have any sort of say in monetary policy, and lets not forget that until the eurozone crisis there was a lot of anti sterling rhetoric and the euro was the preferred option, so they have clearly done a massive about face on that. Up until now it's all been sabre rattling, not a realistic well thought out plan for the future of an independent country.

    What the scots need to be wary of is that public opinion this side of the border is turning against them. A year ago most didn't give a tulip but now many down here will be happy to see the back of the perpetually whinging element that makes up a goodly proportion of your nation, and they aren't doing themselves any favours by crying foul when they don't get it all their own way. When it comes to negotiating the actual terms of departure public opinion in the rUK is going to be a lot more important than public opinion in Scotland, because we massively outnumber you, you won't be represented in parliament, and we have the money you're going to need to get on your feet. So pissing people off with anti English rhetoric probably isn't a great move.

    I also think that there appears to be little understanding that forgeing a new nation is a major undertaking fraught with danger and difficulty, and one that takes years. Look to the former eastern block for examples. One wonders if a simple dislike of the English is really enough to carry you through the pain that involves.
    Last edited by doodab; 14 February 2014, 09:02.
    While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'

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      #62
      Originally posted by Ticktock
      I'm not sure I can be bothered to do a line by line rebuttal of the ignorance here. Can I summarise simply by saying "D'uuuurghhhh. Huuurrrr Duuurrrrrrr."?
      Apologies for the nonsense, I tried to delete the post, my mate causing problems.

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        #63
        Originally posted by doodab View Post
        What the scots need to be wary of is that public opinion this side of the border is turning against them.
        WHS. If it goes ahead, Osbourne (or whoever it turns out to be) will have a lot of public support for taking a hard line on negotiating with Scotland.

        It does seem the gloves are finally off on this issue, and it's heading for a messy divorce. All part of the reason independence was such a stupid idea in the first place. Voting no solves all the problems.
        Will work inside IR35. Or for food.

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          #64
          Originally posted by scooterscot View Post
          People should be allowed to decide their future without blackmail.
          Yes, but you seem to think you should be allowed to decide ours. That's what a currency union would involve, and if we don't want it, it's not going to happen. It's not blackmail, it's looking out for our national interest.
          While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'

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            #65
            Originally posted by The Spartan View Post
            To be fair both sides are being petulant, they're both trying to throw their weight around and I'm sure it'll get worse the closer it gets to September.
            I'm not certain they are. Perhaps that's the impression they government wants to give. Thus far one side has produce a paper explaining the details of what they want to offer and the other negative campaign.
            "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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              #66
              Originally posted by scooterscot View Post
              I'm not certain they are. Perhaps that's the impression they government wants to give. Thus far one side has produce a paper explaining the details of what they want to demand, and stomp their feet like a petulant child ,and claim bullying when they don't get it.
              FTFY
              Socialism is inseparably interwoven with totalitarianism and the abject worship of the state.

              No Socialist Government conducting the entire life and industry of the country could afford to allow free, sharp, or violently-worded expressions of public discontent.

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                #67
                Originally posted by doodab View Post
                If you look at other "small" but successful countries in Europe they pretty much all have higher tax takes as a %age of GDP than the UK and Scotland will have to too unless it's going to abandon things like the health service and free university education.
                I don't think anyone would hamper a higher taxes for better services. Too much of the money generated in Scotland goes towards events in the UK's interests that having nothing to do with the interests of residents in Scotland. Illegal wars for example...
                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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                  #68
                  Originally posted by doodab View Post
                  No, they were reported as well. The reality is that even if it were considered Scotland would always be a weak partner with no control over monetary policy. If they want to be truly independent they would do better to take the scottish pound as a separate currency IMO. .
                  Why is the rUK now so concerned for the future of Scotland's wellbeing? They've never shown this much interest in the last 30-40 years.

                  From the remainder of your post it sounds to me the No Camp has not gained any favours from the last 48 hours.
                  Last edited by scooterscot; 14 February 2014, 09:53.
                  "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                  Comment


                    #69
                    Originally posted by scooterscot View Post
                    I'm not certain they are. Perhaps that's the impression they government wants to give. Thus far one side has produce a paper explaining the details of what they want to offer and the other negative campaign.
                    Oh come on, you don't think it's ridiculous that the SNP want everything on their own terms?

                    To retaliate by saying Scotland will not take on it's proportion of the debt if there is no currency union smacks of childishness, OK so you can say they were provoked but in reacting it shows they're no better.

                    At the end of the day independence should mean exactly that
                    In Scooter we trust

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                      #70
                      Originally posted by scooterscot View Post
                      I don't think anyone would hamper a higher taxes for better services. Too much of the money generated in Scotland goes towards events in the UK's interests that having nothing to do with the interests of residents in Scotland. Illegal wars for example...
                      Well higher or lower there would be fiscal constraints imposed as part of as currency union, be it the pound or the euro.

                      I'm not convinced that money generated in Scotland does flow to the rest of the UK TBH, they pay more than average tax but spending is also higher per head so it balances out.
                      While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'

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