What do you all think about this? o/t

[MrRAWhite]

The only short term benefit for the north east is if the government relocate the Clyde navel base, hopefully on the Wear, which reportedly is worth 8,000 or so jobs. However, it would not surprise me in the least if they are relocated down south..Regardless of where it relocated, it will mean that those jobs will be leaving Scotland if it is a yes vote.

 

[Uni_Mackem_MAHons]

So will you have to apply for membership to the EU? What about the health service? Army? Currency? A lot will have to paid for from a significantly smaller amount of money. You don't really know how good you've got it compared to the rest of the UK ATM. Biting the hand that feeds?

Suppose independence doesn't work out for Scotland, what then?

EU we would have to apply for. But I would rather that then having a tory govt take scotland outbofbthe EU because the South East says so.

Armed forces would be cut back on simply because a large standing army isnt required anymore.

The Health service is a seperate entity anyways
Scotland decides its own health policy as it stands now. Independence means control of the budget too.

As for currency. Scotland prints its own money anyways.

Basing a decision on a what if it goes wrong scenario is just basic fear mongering.

 

[Jackerini]

tbh i think if i was scottish i probs vote yes, just for the fact the the snp would be better for the scottish than the torries, i think it will be hard on scottish people at the start it isnt going to be easy say for 5 years or so at the least for both sides of the border, but in the long term it could be a good change it just depends on how relations with the rest of the uk go, because if england decide to be fine you wanted out we will have nothing to do with you, could be a disaster, and i think it would be wrong as the rest of the uk needs to keep a good relationship with scotland if they vote yes or you will see the effects in england aswell as scotland

 

[Thewall]

Sorry, I don't understand your printing money idea.
If England start printing dollars or roubles would that be acceptable?
If Scotland become independent surely they would be able to use other currencies or make their own but not print them.

 

[Commachio]

Like i asked yesterday, if they vote yes, are they then denouncing the monarchy also?

 

[Rick O'Shea]

EU we would have to apply for. But I would rather that then having a tory govt take scotland outbofbthe EU because the South East says so.

Armed forces would be cut back on simply because a large standing army isnt required anymore.

The Health service is a seperate entity anyways
Scotland decides its own health policy as it stands now. Independence means control of the budget too.

As for currency. Scotland prints its own money anyways.

Basing a decision on a what if it goes wrong scenario is just basic fear mongering.

It was a genuine question.

Prints own money? Haha. Allowed to put a different face on the notes isn't the same as having a separate currency. Controlling the budget would involve controlling a far smaller budget. A large army isn't necessarily necessary but a that doesn't mean defence comes cheap.

 

[Uni_Mackem_MAHons]

Sorry, I don't understand your printing money idea.
If England start printing dollars or roubles would that be acceptable?
If Scotland become independent surely they would be able to use other currencies or make their own but not print them.

The bank of Scotland, RBS and clydesdale are legally allowed to print stirling.

Currency is on one of the issues that will be sorted first. Its not like Scotland would become independent on friday if its a yes vote. There will be 18months of negotiations about that.

As mucj as I would live Scotland to denounce the monarchy. The queen is the queen of scotland. That really wont change.

 

[Uni_Mackem_MAHons]

Iceland doesnt have any armed forces.

Nordic countries get bu with little to no defemce spending.

An independent scotland would be much closer to these societies than to english model currently enforced on us.

 

[Rick O'Shea]

Average rainfall in the UK would fall by 20%. Take all that rain with you.

 

[Uni_Mackem_MAHons]

Average rainfall in the UK would fall by 20%. Take all that rain with you.

We love rain up here. If we could deep fry it we would

 

[Rick O'Shea]

Rate obesity will plummet too. Will you keep the language, wot wif it being English and all.

 

[Uni_Mackem_MAHons]

Rate obesity will plummet too. Will you keep the language, wot wif it being English and all.

Fit ya talkin boot?

 

[Thewall]

Scotland could apply to join the EU but they would be in the same position as Turkey and Albania and have to prove they fit the financial and human rights criteria......back to those bagpipes!

 

[TankMarvin]

The bank of Scotland, RBS and clydesdale are legally allowed to print stirling.

Currency is on one of the issues that will be sorted first. Its not like Scotland would become independent on friday if its a yes vote. There will be 18months of negotiations about that.

As mucj as I would live Scotland to denounce the monarchy. The queen is the queen of scotland. That really wont change.

Scotland prints and issues what are effectively promissory notes. Every pound issued by RBS, Clydesdale or BoS is backed by Bank of England pounds held in their vaults.
Scotland issues it's own bank notes it does not create it's own money.

The currency issue has been rubbished by the SNP because they have no answer to the question. Darling pushed it one too many times on the TV debates and lost the impetus.

The currency issue is not about who prints the bank notes ffs. It is about the value of the money in your pocket and the cost of credit.
Financial institutions and economists have already said that a smaller economy with no firm agreements or national bank is a riskier economy. In riskier markets Banks and lenders increase the cost of borrowing.

Mortgage rates, credit card interest rates and loan interest rates will go up. You can't offset that with SNP's wishfull thinking. This is not just a political issue, it's driven by market forces and private institutions.
Higher risk = higher cost.

Salmond announcing that the rest of the UK need to allow a currency union because it is backed by a "mandate from the people of Scotland" doesn't address the fact that the UK government have a mandate from the people of the rest of the UK - why would they want to re-engage with a smaller, riskier economy and place the Bank of England behind it as the lender of last resort ? It makes no sense.

Despite all of Salmond's bluster and claims that (in his world) negotiation means he gets everything he wants, look at what the markets did this week when polls suggested the Yes campaign might win.

 

[Uni_Mackem_MAHons]

Scotland could apply to join the EU but they would be in the same position as Turkey and Albania and have to prove they fit the financial and human rights criteria......back to those bagpipes!

Scotland is in a lot stronger position than most new applicants.

 

[MrRAWhite]

Scotland is in a lot stronger position than most new applicants.

If they do join the EU, I suspect that with them being the least densely populated country in Europe, they would be expected to take a lot more than their fair share of immigrants.

 

[Uni_Mackem_MAHons]

The bank of Scotland, RBS and clydesdale are legally allowed to print stirling.

Currency is on one of the issues that will be sorted first. Its not like Scotland would become independent on friday if its a yes vote. There will be 18months of negotiations about that.

As mucj as I would live Scotland to denounce the monarchy. The queen is the queen of scotland. That really wont change.

Scotland prints and issues what are effectively promissory notes. Every pound issued by RBS, Clydesdale or BoS is backed by Bank of England pounds held in their vaults.
Scotland issues it's own bank notes it does not create it's own money.

The currency issue has been rubbished by the SNP because they have no answer to the question. Darling pushed it one too many times on the TV debates and lost the impetus.

The currency issue is not about who prints the bank notes ffs. It is about the value of the money in your pocket and the cost of credit.
Financial institutions and economists have already said that a smaller economy with no firm agreements or national bank is a riskier economy. In riskier markets Banks and lenders increase the cost of borrowing.

Mortgage rates, credit card interest rates and loan interest rates will go up. You can't offset that with SNP's wishfull thinking. This is not just a political issue, it's driven by market forces and private institutions.
Higher risk = higher cost.

Salmond announcing that the rest of the UK need to allow a currency union because it is backed by a "mandate from the people of Scotland" doesn't address the fact that the UK government have a mandate from the people of the rest of the UK - why would they want to re-engage with a smaller, riskier economy and place the Bank of England behind it as the lender of last resort ? It makes no sense.

Despite all of Salmond's bluster and claims that (in his world) negotiation means he gets everything he wants, look at what the markets did this week when polls suggested the Yes campaign might win.

A guy cant be facetious on the internet. .


The currency issue is as I said later. One to be negotiated. It is also a very short term problem for a long term issue.

 

[Rick O'Shea]

Fit ya talkin boot?

Imagine the revenue if we put a huge levy on the export of buckfast to Scotland!

 

[Commachio]

Scotland prints and issues what are effectively promissory notes. Every pound issued by RBS, Clydesdale or BoS is backed by Bank of England pounds held in their vaults.
Scotland issues it's own bank notes it does not create it's own money.

The currency issue has been rubbished by the SNP because they have no answer to the question. Darling pushed it one too many times on the TV debates and lost the impetus.

The currency issue is not about who prints the bank notes ffs. It is about the value of the money in your pocket and the cost of credit.
Financial institutions and economists have already said that a smaller economy with no firm agreements or national bank is a riskier economy. In riskier markets Banks and lenders increase the cost of borrowing.

Mortgage rates, credit card interest rates and loan interest rates will go up. You can't offset that with SNP's wishfull thinking. This is not just a political issue, it's driven by market forces and private institutions.
Higher risk = higher cost.

Salmond announcing that the rest of the UK need to allow a currency union because it is backed by a "mandate from the people of Scotland" doesn't address the fact that the UK government have a mandate from the people of the rest of the UK - why would they want to re-engage with a smaller, riskier economy and place the Bank of England behind it as the lender of last resort ? It makes no sense.

Despite all of Salmond's bluster and claims that (in his world) negotiation means he gets everything he wants, look at what the markets did this week when polls suggested the Yes campaign might win.

You must work in the world of finance....

 

[Uni_Mackem_MAHons]

If they do join the EU, I suspect that with them being the least densely populated country in Europe, they would be expected to take a lot more than their fair share of immigrants.

Finland is much bigger than Scotland and has the same population.

They arent 'expected' to take more immigrants. Abd even if that were the case. It wouldnt bother me.