Scottish Independance ahead in Poll
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09-09-2014, 02:33 PM
RE: Scottish Independance ahead in Poll
(09-09-2014 02:30 PM)cjlr Wrote:  
(09-09-2014 02:25 PM)Revenant77x Wrote:  They are the one common thing most members of the commonwealth have.

Only 16 states are Commonwealth Realms in personal union. The rest of the members only recognise the Monarch as "Head of the Commonwealth", a delightfully vague compromise.

You gotta admit Scott Thompson is right without the Queen and the french you're basically just an American. Tongue

(31-07-2014 04:37 PM)Luminon Wrote:  America is full of guns, but they're useless, because nobody has the courage to shoot an IRS agent in self-defense
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09-09-2014, 02:39 PM
RE: Scottish Independance ahead in Poll
(09-09-2014 02:33 PM)Revenant77x Wrote:  
(09-09-2014 02:30 PM)cjlr Wrote:  Only 16 states are Commonwealth Realms in personal union. The rest of the members only recognise the Monarch as "Head of the Commonwealth", a delightfully vague compromise.

You gotta admit Scott Thompson is right without the Queen and the french you're basically just an American. Tongue

Sorry, I can't hear you over the sound of my universal healthcare.

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09-09-2014, 02:52 PM
RE: Scottish Independance ahead in Poll
Meh, my politics depend on which side of the bed I wake up on. Some times I like the idea of a Nietzsche's "Uber man" and that the man who can take power surely deserves power over all. Absolutist I think the position is called. Before you say anything, that does not in any way make me a nazi Tongue

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09-09-2014, 02:54 PM
RE: Scottish Independance ahead in Poll
(09-09-2014 02:52 PM)SunnyD1 Wrote:  Meh, my politics depend on which side of the bed I wake up on. Some times I like the idea of a Nietzsche's "Uber man" and that the man who can take power surely deserves power over all. Absolutist I think the position is called. Before you say anything, that does not in any way make me a nazi Tongue

Pretty sure that makes you the definition of a fascist.

(31-07-2014 04:37 PM)Luminon Wrote:  America is full of guns, but they're useless, because nobody has the courage to shoot an IRS agent in self-defense
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09-09-2014, 03:00 PM
RE: Scottish Independance ahead in Poll
No... I know why you'd think that, but it doesn't. Plus I don't hold those as my political views anyway, like I said in jest, it depends which side of the bed I wake up on. I don't really align myself with any type of politics right now. At one point I was probably socialist.

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10-09-2014, 04:42 PM
RE: Scottish Independance ahead in Poll
Scots, What the Heck?

#sigh
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11-09-2014, 01:12 AM
RE: Scottish Independance ahead in Poll
(10-09-2014 04:42 PM)GirlyMan Wrote:  Scots, What the Heck?

Scottish pound. Problem solved. Ireland did it for a while with the Irish pound.

You could have the Scottish pound alongside the normal pound. Over time the Scottish pound will be the dominate currency and eventually people will only accept the Scottish pound.

The Euro could also be adopted. Ireland did that too.

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11-09-2014, 03:22 AM
RE: Scottish Independance ahead in Poll
(11-09-2014 01:12 AM)earmuffs Wrote:  The Euro could also be adopted.

You're funny.

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11-09-2014, 04:03 AM (This post was last modified: 11-09-2014 04:19 AM by Fidel_Castronaut.)
RE: Scottish Independance ahead in Poll
(11-09-2014 01:12 AM)earmuffs Wrote:  
(10-09-2014 04:42 PM)GirlyMan Wrote:  Scots, What the Heck?

Scottish pound. Problem solved. Ireland did it for a while with the Irish pound.

You could have the Scottish pound alongside the normal pound. Over time the Scottish pound will be the dominate currency and eventually people will only accept the Scottish pound.

The Euro could also be adopted. Ireland did that too.

There's no way Scotland would join the Euro, if they had any sense. There's also nothing to say that Scotland would join the EU, or indeed be given (automatic) membership. Spain and possibly Belgium have already hinted that they will not allow an independent Scotland automatic membership owing to their own seperation issues and the message that would send forward. There's also a question whether Scotland (if it wanted to join the EU at all) would have to negotiate via Article 48. of the TEU (internal) or A.49 (External). If the latter it could theoretically take several years before anything is finalised.

Scotland can't simply create a Scottish pound either because of the savings/loans/investments that are currently held in Sterling. They'd have to gurantee (lender of last resort) on at least a 1:1 basis meaning they'd also have to have a vast amount of capital in reserve, something they don't have and aren't likely to have for a long, long time. Also the very high chance that people would simply move their money out into Sterling in the rUK, effectively leaving given sectors of the new Scottish economy penniless.

Their only real option is either currency union (ruled out prima facie by Westminster) or Sterlingisation - Keeping the pound but being totally at the whim of the BoE and central financial services in Whitehall and Westminster. They'd have the Pound but no control over it, which is worse than what they've got now.

Whichever way you look at it the Yes campaign has been systemically ignoring or covering up the possible effects of their decisions. If the Scots want independence I say good luck to them. I think they'll need it.

http://www.bbc.co.uk/news/uk-scotland-28559007

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11-09-2014, 04:08 AM
RE: Scottish Independance ahead in Poll
(11-09-2014 04:03 AM)Fidel_Castronaut Wrote:  Scotland can't simply create a Scottish pound.

Not with that attitude. Drinking Beverage

Now are you saying that it is actually more difficult to create an independent state than what most separatist puds make it out to be?

It's all quite silly, really.

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