Scottish independence.

[Pistonbroke666]

Originally Posted by Yella Fella

Me and my 75 reggie plate say NAE Independence.

I see what you did there hehe

[Seafrost]

Sat watching #ScotDecides on ITV,and I am even more confused about it, than I was before.. the reasons seem vast. From child poverty, bedroom tax, war costs, to Oil revenue......
Its not an easy call, but for me Westminster has been out of control for a long time now.

[sikelsh]

I think its a fantastic social experiment, looking from the outside in (as an Englishman) I cant wait to see how it all plays out long term, I am hoping for the best for Scotland should it happen, but fear the worse for the rest of the remaining UK should the maths and guesswork all be wrong.

To keep with Scooterchicks analogy, I do agree that independence should mean independence, not independence with an alimony agreement and don't come back looking for an on off relationship

Good luck which ever way you vote.

Simon

[doopydug]

Originally Posted by scooterchick

http://www.oilandgaspeople.com/news/...rth-trillions/

Who needs Standard Life anyway!

All joking aside, the Bank of Scotland and Royal Bank of Scotland are both capable of supporting a stand alone Scottish pound. The Scottish economy is set to boom and the currency issue doesn't worry me one little bit.

How do you know the Scottish economy is about to boom - I trade currency internationally daily and ALL the international currency traders expect the UK AND Scotland to be worse off straight away?

European Commissioner Ollie Rehn, yesterday, said that if a restructured Scotland kept the pound then it would be unable to join the EU. So, YES voters, do we keep the pound or join the EU ?

[kourgath]

One thing that made me laugh was yesterday watching a debate on TV and this lady stood up and said she was voting yes as she had not voted for the government in Westminster. Well that's democracy dearie! Most people didn't vote for the government... Anyway I live I Cornwall so we want independence next :-)

[Simondi]

Similar to the independence enjoyed by France, Germany, Belgium, Holland etc. I suspect.
Last time I checked they were independent countries despite being in currency union

What will be will be. In the event of a yes vote ( and that's a Yes from me) there will be difficulties ahead but none of them insurmountable.
In the event of a No vote then there will also be difficulties ahead, different ones I grant you but still difficulties some of which are horrifying.

[doopydug]

Originally Posted by Simondi

Similar to the independence enjoyed by France, Germany, Belgium, Holland etc. I suspect.
Last time I checked they were independent countries despite being in currency union

What will be will be. In the event of a yes vote ( and that's a Yes from me) there will be difficulties ahead but none of them insurmountable.
In the event of a No vote then there will also be difficulties ahead, different ones I grant you but still difficulties some of which are horrifying.

What difficulties do you think will be "horrifying" ?

[Simondi]

First and foremost the increasing liklihood of withdrawing from Europe.
A number of political reasons I cannot post, the continued funding of weapons of mass destruction, the liklihood of Scottish funding being reduced and so on

None of the above are insurmountable

[Pistonbroke666]

Originally Posted by Simondi

Similar to the independence enjoyed by France, Germany, Belgium, Holland etc. I suspect.
Last time I checked they were independent countries despite being in currency union

Fiscal unity without political unity was a major contributor to the collapse of the Euro.

That is why the Eurozone has no choice but to centralise further in order to successfully manage the currency. The Eurozone nations will need to give Brussels authority to regulate their tax and spending policies.

In other words, they have no option but to surrender sovereignty to make their money work. Scotland would need to do the same if it were to keep the pound.

I work for a global top 10 foreign bank within the Capital Markets division. This has been discussed at some length.

[lady zed]

Originally Posted by kourgath

One thing that made me laugh was yesterday watching a debate on TV and this lady stood up and said she was voting yes as she had not voted for the government in Westminster. Well that's democracy dearie! Most people didn't vote for the government... Anyway I live I Cornwall so we want independence next :-)

But it's not democracy. Scotland, collectively, as a country, have NEVER voted for a Tory government yet for something like 35 years out of the last 51 that's what we've had to endure. It's not democracy in Scotland. We only get the government we vote for if England happens to be in agreement at that specific moment in time!