[quote]bluebrasil wrote:
[quote]SexMachine wrote:
[quote]DrSkeptix wrote:
As a “Scot by adoption,” I offer the case for the lineage of Charles Stuart (Charles III, the “Bonnie Prince”) who was the true heir of JamesII/VII.
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It’s a case that no one denies. However as James II was an autocratic Francophile who raided the treasury, taxed the shit out of the country and tried to change its religious character he had to go.
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I thought I was the only Scottish History bore around here…but no.
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Stick around…you will find every manner of bore here.
I’m not sure that this has been mentioned, but the ability to keep the pound is more complicated than it appears. If they are keeping the GBP. then who sets the monetary policy and interest rates? Because they both can’t do it for the one currency. The Bank of England will keep control of the GBP, so the Scottish pound will either:
- Be the British pound, in which case the Scots have no control over it, nor can they print more of it.
- Be a floating pound tied to the value of the pound, such as the Hong Kong Dollar.
- They join the Euro, which isn’t guaranteed to happen.
- They make their own currency, in which case, the assertion that they keep the pound is incorrect.
As for the referendum, after some thinking on it, I think the Scots are more than entitled to break away. I think the expenditure shortfall is an issue that the gas reserves may not be capable of covering. Or they could more than cover it, I am not sure how much the reserves actually provide annually.
For the record, I think Salmond is a twat. I think he is completely without a plan for after the referendum, so, though pro-independence, I certainly wouldn’t hitch my wagon to his train.
[quote]Legalsteel wrote:
- They join the Euro, which isn’t guaranteed to happen.
Salmond is a twat. I think he is completely without a plan for after the referendum, [/quote]
Yep, more than likely their economy will be in big trouble within a couple of years. Both the CEOs of Shell and BP say that North Sea oil costs will increase and that they will have to consider downgrading their operations. They will be Germany’s bitch instead of Westminster.
I travel to London regularly and I’ve found ZERO English people in business(and pretty much across the board) who are in favour of a break.
They still won’t win a World Cup.
[quote]RampantBadger wrote:
I travel to London regularly and I’ve found ZERO English people in business(and pretty much across the board) who are in favour of a break.
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which makes me think that they (English business people) think that they (English business people) are financially better off with Scotland in the Union
[quote]zecarlo wrote:
They still won’t win a World Cup. [/quote]
with the World Cup played in Scotland, with no goal-line technology, a pitch invasion and a French referee, I think we’d be in with a chance of winning.
[quote]bluebrasil wrote:
[quote]RampantBadger wrote:
I travel to London regularly and I’ve found ZERO English people in business(and pretty much across the board) who are in favour of a break.
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which makes me think that they (English business people) think that they (English business people) are financially better off with Scotland in the Union [/quote]
That is 100% accurate. But given the interlink between the Scottish and English Financial services sector, I can see why they believe union is the better choice. All English companies are preparing documents as to the predicted effects of the split. I assume the same is true of Scottish countries.
The decision will almost entirely be about the Scots not wanting to be ruled by the Tories. Historically though, Scotland has always been one of the bastions of conservatism. The centre-left leaning is a new thing.