jaggybunnet Posted June 29, 2013 Report Share Posted June 29, 2013 As someone who is also employed by the British government I know only too well that when decisions are made on high you go where you are asked and do what you are asked. Like it or lump it. Some servicemen may not like the idea of transferring out of the British army, but they may not have much say in the matter (save from their right to vote in the referendum). I don't like a lot of things my department asks me to do, but I accept it, because it is what I signed up to. were were told it would be our decision if we wanted to transfer and could not be made to since it would be a different contract. Soldiers in a Scottish defence force would still be able to go on manoeuvres, so wouldn't be confined to camp all day. As we all know, Scotland has a large and lucrative natural resource, so patrols by both sea and air patrols will also be necessary. Scotland would be part of the UN, so there is the possibility that some would be posted overseas as part of peace keeping forces. It is SNP policy for Scotland to be in NATO (a policy I disagree with, but that's another matter) so again, there is the possibility there to see action overseas. going on training ecercises with no real chance to use those skill is a major turn off for soldiers. salmond does not agree with sending soldiers anywhere, bosnia for a start. Salmond was, and is, against the UK's involvement in Afghanistan, and I agree with him. The war in Afghanistan was about little other than imperialism. agree to disagree, they have not done it well (back of a fag packet) but the reasons Taliban and al qaeda threat is real. Right, so it is able to attract 80,000 people, including a reserve force and 'conscripted' teenagers. There is a lot to be said for a career which provides you with a roof over your head, a pension and transferable skills. Being in the armed forces needn't mean having your body or mind (or both) blown to bits. War is the pits. Of all the arguments in favour of staying in the United Kingdom the one which goes 'we wouldn't be able to fight in wars' has to rank among the most perverse of all. No, it has a standing army (which by all accounts isn't that good) of 23 thousand the rest are conscripts (which are worse). again No the argument is we as the UK are stronger together as an army. Quote Link to comment Share on other sites More sharing options...
jaggybunnet Posted June 29, 2013 Report Share Posted June 29, 2013 so you couldn't think of anything to say then ? poor show jb that post wasn't a piss take Quote Link to comment Share on other sites More sharing options...
jaggybunnet Posted June 29, 2013 Report Share Posted June 29, 2013 Another of jbs nonsense statements debunked, thanks and good post GI eh, no but you can keep posting yours, it is funny Quote Link to comment Share on other sites More sharing options...
jaggybunnet Posted June 29, 2013 Report Share Posted June 29, 2013 do you actually believe the nonsense you spout, or do you just make up idiotic statements to avoid factual points and an intelligent debate or adult conversation? oh, silly me, thats right you are in the no camp, your nonsense is symptomatic of the default position of the no camp. so what was wrong with that post then? Quote Link to comment Share on other sites More sharing options...
GrantB Posted June 29, 2013 Report Share Posted June 29, 2013 Grant's post # 2 seems a bit clearer now... Don't say I didn't warn you... Quote Link to comment Share on other sites More sharing options...
jaggybunnet Posted June 29, 2013 Report Share Posted June 29, 2013 Don't say I didn't warn you... vote noooooooooooooooooooooooooooooooooooooooooo you know it makes sense Grant 1 Quote Link to comment Share on other sites More sharing options...
Blackpool Jags Posted June 29, 2013 Report Share Posted June 29, 2013 I readily admit that the Tory rampage in England that would inevitably follow Scottish independence is not Scotland's problem, and should never be a consideration for those voting in the referendum. Labour, these days (both North and South), is an embarrassing caricature of eg the post-war Attlee government which did so much good work in creating the NHS, the welfare state, free universal education and so so much more. But it's all we've got that isn't crazed royal blue right wing madness. Scotland's proud rejection of anything Tory over past decades is another thing that makes this 70's economic migrant fiercely proud to be a Scot, albeit as an ex-pat. Scotland fully deserves the opportunity not to held back by blue rinse England any more and to embark on a new forward thinking politics. I made my bed when I scarpered down here to indulge myself in the bright lights by the seaside all those years ago, after being made redundant, but I'll never begrudge those I left behind the chance to determine their own affairs. If the YES vote prevails, I hope it proves to be a storming success. Quote Link to comment Share on other sites More sharing options...
alx Posted June 30, 2013 Report Share Posted June 30, 2013 For what's its worth, as you can guess I'm an enthusiastic Yes and SNP activist... I think that things are going well and the Yes campaign is going well. There are challenges ahead of course but so far so good! Quote Link to comment Share on other sites More sharing options...
yoda-jag Posted June 30, 2013 Report Share Posted June 30, 2013 so what was wrong with that post then? nothing to brush up on at all ..... who would be in power till 2016, thats right eck ..... he would find ways to delay it as well Quote Link to comment Share on other sites More sharing options...
Phoenix Posted June 30, 2013 Report Share Posted June 30, 2013 The SNP are getting pelters for a lack of information on various issues. Most of these questions take 30 seconds on Google to answer. Some of the above posts are asking question that are covered by: http://www.newsnetsc...-misinformation Deja Vu... hasn't this been on fora passim???? Anyhoo the topics covered are: Abandoning the English: We'd abandon the English to decades of Tory rule. Alex Salmond: Alex Salmond stirs up divisions. Anti-English: Scottish nationalism is motivated by hatred of the English. BBC: You'll not get the BBC on telly after independence. Benefits: An independent Scotland couldn't afford to pay the bill for everyone on benefits. Bombing airports: Scotland's airports would be bombed by England. Border controls: There would be border controls and we'd need passports to visit Newcastle. Border disputes: There will be disputes about the border between Scotland and England. Braveheart: The woad to independence. NEW British identity: After independence, Scots can no longer share in a British identity. Brussels rule: With independence we'd just be swapping London rule for rule from Brussels and Berlin. NEW Case for independence: Supporters of independence need to argue their case and supply precise details of how independence benefits Scotland. Central bank: We can't really be independent without our own currency and a central bank. Continental shelf: If Westminster retains control of Shetland, Orkney and Rockall, Scotland will have no oil resources. Credit rating: Scotland would lose the AAA credit rating it enjoys as part of the UK. Cybernats: There's a concerted and organised campaign of vitriol and hatred from cybernats. Darien: The Darien scheme bankrupted Scotland and we were saved by the Union. Debt: Scotland would be unable to service the amount of debt it would be required to take on. Defence: Scotland would be defenceless without the UK armed forces and would lose thousands of defence jobs. Devo-max: If we vote against independence we can have devo-max instead. Divisions: Scotland is too divided to be independent. Embassies: It will cost a fortune to set up separate Scottish embassies everywhere. EU membership: Scotland would be forced to reapply for EU membership. Euro: Scotland would be forced to use the euro. Expats: I'm an expat, independence means my English children would become foreigners to me. NEW Freebies: After independence Scots would lose our 'freebies' like free prescriptions, free education, and bus passes for the elderly. Gaelic: Public employees would be forced to learn Gaelic. Gay rights: Scotland would allow homophobes to dictate policy and introduce anti-gay legislation. Greece: An independent Scotland would end up like Greece. Greed: Scotland benefited financially from the UK before the oil was found. It's just greed to keep it for ourselves now it's our turn to share. History: We have 300 years' of history in the Union, we shouldn't throw that away. Independence negotiations: Independence negotiations will drag on for years. International influence: The Union allows Scotland to punch above her weight internationally. Investment: The independence debate threatens inward investment in the Scottish economy. Nationalism: Nationalism is regressive and backward looking. Northern Ireland: Independence would undermine the Good Friday agreement. Violence in Northern Ireland would spread to Scotland. Oil: The oil is running out and won't last much longer. NEW Oil: After the oil runs out Scotland will not be able to afford to pay for public services. One party state: Under Alex Salmond and the SNP, Scotland would become a one-party state. Overseas business: Independence would destroy Scotland's say in the world – removing the ability to do big business overseas. Partition: If some parts of Scotland vote no, but others yes, then we could find the country partitioned. Positive case for the Union: The anti-independence parties will make a positive case for Scotland remaining within the Union. Postage charges: It will cost a fortune to shop on eBay as postal charges from England will increase. Pound sterling: Scotland wouldn't be allowed to continue to use the pound. Poverty: Scotland is too poor to be independent. Public sector workers: Scotland is over reliant on public sector employment Without Westminster we'd lose all those jobs. Queen: Scotland won't be able to retain the Queen as head of state. Racism: The SNP is just a neo-fascist tartan version of the BNP. Redistributive union: If we believe in the idea of Scotland as a progressive beacon, why would we turn our back on the redistributive union, the United Kingdom? Referendum legality: A referendum held by the Scottish Parliament would be illegal and non-binding. Rejoining the UK: An independent Scotland would not be able to rejoin the UK if everything went wrong. Rennie's Riddle: If 51% vote for independence, but 99% vote for extra powers, independence wouldn't be the choice of the largest number of people. Royal Bank of Scotland: The cost of bailing out RBS would have bankrupted an independent Scotland. Separation: Nationalists want separation. Service personnel: My son's in the Royal Navy. He'd lose his job after independence. Shetland and Orkney: Shetland and Orkney aren't really Scottish. NEW SNP: I'm a Labour / Lib Dem / Conservative / Monster Raving Loony voter. A vote for independence is a vote for the SNP. Social union: The SNP doesn't know what it means by independence if it talks about a "social union". Spain: Spain would veto Scottish membership of the EU. Subsidies: Scotland depends upon subsidies from the UK to run our economy. NEW Terrorism: An independent Scotland would be a terrorist threat. Togetherness: We're stronger together than we are apart. Travel abroad: Independence would prevent Scots from travelling safely in foreign countries. Trident: Scotland would have to pay for the removal of Trident and the cost of a new base in the rump-UK. UN Security Council: The UK will lose its seat on the UN Security Council. Unanswered questions: Too many unanswered questions remain about independence. Volatile oil price: Scotland is over-dependent on the volatile price of oil. World War 2: We fought Hitler together, independence betrays the memory of those who fought WW2. Young voters: The SNP want to allow children to vote because they're more likely to vote yes to independence. Great website, so unbiased. How about just accepting that people have different opinions and just because you believe something to be correct it doesn't automatically make it correct. People on the other side of the debate also believe that they are correct. It's time for both sides to start dealing in facts and allowing us to make an informed decision based on these facts. Some of the crap on this thread just reminds me of listening to Old Firm fans argue over who is worse. 1 Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted June 30, 2013 Report Share Posted June 30, 2013 Great website, so unbiased. How about just accepting that people have different opinions and just because you believe something to be correct it doesn't automatically make it correct. People on the other side of the debate also believe that they are correct. It's time for both sides to start dealing in facts and allowing us to make an informed decision based on these facts. Some of the crap on this thread just reminds me of listening to Old Firm fans argue over who is worse. Spot on, a lot of this "propaganda" can be debunked depending on your view point, for one the figures on Norways economy posted are miles off, a simple google search will show you that. Proper facts and figures are what is needed for all camps Quote Link to comment Share on other sites More sharing options...
alx Posted June 30, 2013 Report Share Posted June 30, 2013 Great website, so unbiased. How about just accepting that people have different opinions and just because you believe something to be correct it doesn't automatically make it correct. People on the other side of the debate also believe that they are correct. It's time for both sides to start dealing in facts and allowing us to make an informed decision based on these facts. Some of the crap on this thread just reminds me of listening to Old Firm fans argue over who is worse. Okay then, pick a specific issue that you're bothered about. Facts are chiels that winae ding. Quote Link to comment Share on other sites More sharing options...
Phoenix Posted June 30, 2013 Report Share Posted June 30, 2013 Okay then, pick a specific issue that you're bothered about. Facts are chiels that winae ding. Lets start with Finance then . What currency will we be using? Should we stay with the pound? Would there be any concerns about the currency in an independent country being 'run' by another country e.g. interest rates? If we look at the EU as an example, what is good for Germany or France might not be good for Spain or Greece. If the Bank of England has to make a decision and one way benefits Scotland but hurts England and vice versa what way do you think they will decide? Would a new currency be the answer? If so how much would that cost to set up and who would control this? Other countries have done this e.g. after the break up of USSR. What pitfalls did they find when dealing with these problems? When Scotland needs to borrow money (as every country does) at what % rate would we be borrowing at? Currently the UK borrows at roughly 2%, other countries in the EU can be up to 20%. At what rate would Scotland (having no 'credit history' with the markets) be borrowing at? Maybe these things have already been decided, if so please give us the facts. 1 Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted June 30, 2013 Report Share Posted June 30, 2013 Lets start with Finance then . What currency will we be using? Should we stay with the pound? Would there be any concerns about the currency in an independent country being 'run' by another country e.g. interest rates? If we look at the EU as an example, what is good for Germany or France might not be good for Spain or Greece. If the Bank of England has to make a decision and one way benefits Scotland but hurts England and vice versa what way do you think they will decide? Would a new currency be the answer? If so how much would that cost to set up and who would control this? Other countries have done this e.g. after the break up of USSR. What pitfalls did they find when dealing with these problems? When Scotland needs to borrow money (as every country does) at what % rate would we be borrowing at? Currently the UK borrows at roughly 2%, other countries in the EU can be up to 20%. At what rate would Scotland (having no 'credit history' with the markets) be borrowing at? Maybe these things have already been decided, if so please give us the facts. Brilliant, proper questions not vote "YES" or your a traitor nonsense I doth my hat to you sir, this is one of countless questions that needs to be answered BEFORE people are allowed to vote Quote Link to comment Share on other sites More sharing options...
Phoenix Posted June 30, 2013 Report Share Posted June 30, 2013 Brilliant, proper questions not vote "YES" or your a traitor nonsense I doth my hat to you sir, this is one of countless questions that needs to be answered BEFORE people are allowed to vote I honestly don't know which way I will vote. I believe that Scotland should be an independent country but I'm unsure of a lot of things, mostly to do with finance. It wasn't long ago that Ireland and Iceland were being held up as an example of how things would be ok if we were independent and look what's happened there. Quote Link to comment Share on other sites More sharing options...
The Jukebox Rebel Posted June 30, 2013 Author Report Share Posted June 30, 2013 But London Labour's potential problem, or more to the point English socialism's potential problem, is not Scotland's problem. Ya hard nosed badstar! An online poster called Blanco had some interesting chat going back to '79... "Abandoning the English to Tory rule. I call this the 'Liverpool granny' argument. Who could resist the pull on the heartstrings created by the thought of the Scots waltzing off with their oil and leaving Liverpool grannies to freeze? Trouble is we've been here before. Labourites in the 1970s admonished Scots not to be so selfish in talking about independence or devolution, what about the working class of England? Well Margaret Thatcher soon taught us the cost of solidarity with the working class of England. The English are well able to look after their own grannies, if they so wish. If they do not wish then the Glasgow grannies suffer too and there is nothing we can do about it." Paul T Kavanagh sums it up best. I think this is what that heartless Rebel extremist was trying to say "The best way for Scots to help our anti-Tory English friends is to offer them a concrete example of social-democratic government in action. We can only do that with independence." Surely the trade unions can't stay loyal to New Labour forever and ever amen? I'm sure they'll be watching developments North of the Border with interest... _____________________________________________________ ↓ The A to Z of Independence - Sorting myth from fact ↓ http://www.newsnetscotland.com/index.php/scottish-opinion/4341-a-unionist-lexicon-an-a-z-of-unionist-scare-stories-myths-and-misinformation ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ Quote Link to comment Share on other sites More sharing options...
alx Posted June 30, 2013 Report Share Posted June 30, 2013 Lets start with Finance then . What currency will we be using? Should we stay with the pound? Would there be any concerns about the currency in an independent country being 'run' by another country e.g. interest rates? If we look at the EU as an example, what is good for Germany or France might not be good for Spain or Greece. If the Bank of England has to make a decision and one way benefits Scotland but hurts England and vice versa what way do you think they will decide? Would a new currency be the answer? If so how much would that cost to set up and who would control this? Other countries have done this e.g. after the break up of USSR. What pitfalls did they find when dealing with these problems? When Scotland needs to borrow money (as every country does) at what % rate would we be borrowing at? Currently the UK borrows at roughly 2%, other countries in the EU can be up to 20%. At what rate would Scotland (having no 'credit history' with the markets) be borrowing at? Maybe these things have already been decided, if so please give us the facts. I can only give a personal opinion on this. John Swinney will no doubt be very detailed on this in the upcoming white paper. Keeping the pound seems sensible to me. For two reasons -a- the Irish free state kept the pound for decades, and, get this, accepted not a penny of the national debt, -b- the euro is a non-starter in my book. Can you imagine the EU debate after independence? - Spain "Scotland's not getting in" (fear of Catalan referenda) - Scotland "Jings that's not very sporting, are you sure about that?" - Spain "Yes, you're not getting in" - Scotland "- Scotland "Okay all fishing boats out" - Spain "Ahem, okay you're in" - Scotland, back to the EU Commission "What's the terms?" - EU Commission "15 billion Euros" - John Swinney (back to finances) "That's not great, better offer?! - EU Commission "14.5 billion Euros" - - John Swinney " I think we'll pass on that, same time next year?" - EU Commission "okay, see you next year" ....... - EU Commission "16 Billion Euros" - - John Swinney " I think we'll pass on that, same time next year?" and so on and so on. Quote Link to comment Share on other sites More sharing options...
The Jukebox Rebel Posted June 30, 2013 Author Report Share Posted June 30, 2013 It is a bit of an urban myth that Scotland acts as a guarantor against endless right-wing rule in the UK. If you remove the Scottish votes from every general election held in the past 30 years the largest party still remains the same. Damned interesting fact. I'm surprised. Mind you, be interesting how many Con-Lib coalitions would've been formed... I do find Newnetscotland a bit emotive and partisan at times. Yer man Kavanagh is brilliant. Brightens up the grey debate no end with a potent one-two of humour and hard hitting facts. I bet he turns thousands of mibees into yes's. Quote Link to comment Share on other sites More sharing options...
jaggybunnet Posted June 30, 2013 Report Share Posted June 30, 2013 I can only give a personal opinion on this. John Swinney will no doubt be very detailed on this in the upcoming white paper. Keeping the pound seems sensible to me. For two reasons -a- the Irish free state kept the pound for decades, and, get this, accepted not a penny of the national debt, -b- the euro is a non-starter in my book. Can you imagine the EU debate after independence? - Spain "Scotland's not getting in" (fear of Catalan referenda) - Scotland "Jings that's not very sporting, are you sure about that?" - Spain "Yes, you're not getting in" - Scotland "- Scotland "Okay all fishing boats out" - Spain "Ahem, okay you're in" - Scotland, back to the EU Commission "What's the terms?" - EU Commission "15 billion Euros" - John Swinney (back to finances) "That's not great, better offer?! - EU Commission "14.5 billion Euros" - - John Swinney " I think we'll pass on that, same time next year?" - EU Commission "okay, see you next year" ....... - EU Commission "16 Billion Euros" - - John Swinney " I think we'll pass on that, same time next year?" and so on and so on. they will just fish there anyway as Norway does. more like the other way, Scotland get very substantial subsidies for renewable energy from the eu and the uk Quote Link to comment Share on other sites More sharing options...
The Jukebox Rebel Posted June 30, 2013 Author Report Share Posted June 30, 2013 Lets start with Finance then . What currency will we be using? Should we stay with the pound? From snp.org “Scotland will continue to use the pound, and it is widely agreed that this provides the best starting point for an independent Scotland. The international economists on the Scottish Government’s Fiscal Commission Working Group argued that retaining the pound after independence would be in the interests of both Scotland and the rest of the UK due to our trade and financial links. The recommendation of the Working Group and Scottish Government policy is for Scotland to enter a formal monetary union with the rest of the UK with the Bank of England operating as central bank for the 'Sterling Zone', just as it does just now. There are many countries around the world in currency unions. Monetary policy would continue to be decided independently by the Bank of England, taking account of economic conditions across the currency zone – just as it is just now. And limits on excessive spending and borrowing are sensible for any government, including Scotland’s. As the expert Fiscal Commission Working Group pointed out, this framework would provide the country with “key new levers for the government to grow the economy and to tackle challenges in Scottish society and Scotland's economy”.” Would there be any concerns about the currency in an independent country being 'run' by another country e.g. interest rates? If we look at the EU as an example, what is good for Germany or France might not be good for Spain or Greece. If the Bank of England has to make a decision and one way benefits Scotland but hurts England and vice versa what way do you think they will decide? Would a new currency be the answer? If so how much would that cost to set up and who would control this? Other countries have done this e.g. after the break up of USSR. What pitfalls did they find when dealing with these problems? I'm not concerned. Are you concerned? If so, why are you concerned? Do you have grounds for concern? Could you quote specific examples of why you think that the Bank of England would harm Scotland? Paul Kavanagh: “Despite its name, the Bank of England is the UK central bank, and as such Scots have an 8.6% share in it. As an independent nation we would not be without influence in the central bank, as we are shareholders in it and would be party to negotiations to form a new sterling area. At the moment we only have the influence of George Osborne and Danny Alexander, even a minority say in the Bank of England is better than that. But more importantly we'd have full control over our own tax and spending.” Would a new currency be the answer? If so how much would that cost to set up and who would control this? Other countries have done this e.g. after the break up of USSR. What pitfalls did they find when dealing with these problems? Check Hypothetical Harry go. A new currency would very unwelcome in my opinion. Some of the Yes camp (outwith the SNP) have mentioned this. They are in the minority and will have no influence. I’m guessing that you already know what the USSR’s pitfalls were. Please feel free to share your wisdom with less restraint, althought I do think it’s kind of irrelevant in the end. A vote for the SNP is a vote for the pound. Seemples. When Scotland needs to borrow money (as every country does) at what % rate would we be borrowing at? Currently the UK borrows at roughly 2%, other countries in the EU can be up to 20%. At what rate would Scotland (having no 'credit history' with the markets) be borrowing at? Maybe these things have already been decided, if so please give us the facts. I’d be surprised if we didn’t borrow at the same rate as the UK, given the SNP excellent track record to date. You can drill down deeply into some performance data here http://www.scotland.gov.uk/Publications/2013/05/4084/14 The gist of it is that Scotland has run an overall net fiscal deficit in recent years, as has the UK. This is common among national governments. Despite being in deficit, between 2007-08 and 2011-12 Scotland has been in a relatively stronger fiscal position than the UK. When expressed in cash terms, Scotland's relatively stronger fiscal position compared to the UK during this period is estimated to be equivalent to £12.6 billion. This means that over the past five years, Scotland could have had higher spending, for example on infrastructure investment, and/or lower taxation and still had a smaller fiscal deficit than the UK. Bank risk assessment for Scotland (to quote their secret terminology): "considered good”. Quote Link to comment Share on other sites More sharing options...
Phoenix Posted June 30, 2013 Report Share Posted June 30, 2013 I can only give a personal opinion on this. John Swinney will no doubt be very detailed on this in the upcoming white paper. Keeping the pound seems sensible to me. For two reasons -a- the Irish free state kept the pound for decades, and, get this, accepted not a penny of the national debt, -b- the euro is a non-starter in my book. Can you imagine the EU debate after independence? - Spain "Scotland's not getting in" (fear of Catalan referenda) - Scotland "Jings that's not very sporting, are you sure about that?" - Spain "Yes, you're not getting in" - Scotland "- Scotland "Okay all fishing boats out" - Spain "Ahem, okay you're in" - Scotland, back to the EU Commission "What's the terms?" - EU Commission "15 billion Euros" - John Swinney (back to finances) "That's not great, better offer?! - EU Commission "14.5 billion Euros" - - John Swinney " I think we'll pass on that, same time next year?" - EU Commission "okay, see you next year" ....... - EU Commission "16 Billion Euros" - - John Swinney " I think we'll pass on that, same time next year?" and so on and so on. So no answer to any of the questions then? Quote Link to comment Share on other sites More sharing options...
alx Posted June 30, 2013 Report Share Posted June 30, 2013 So no answer to any of the questions then? I can't answer questions on borrowing rates etc, I'll have to leave that to someone else. I'm not going to Google bluff! Quote Link to comment Share on other sites More sharing options...
P-R Posted June 30, 2013 Report Share Posted June 30, 2013 Who knows what the borrowing rate would be, like anything it could go up or down. One credit agency says "We don't know" http://www.lse.co.uk/macroeconomicNews.asp?ArticleCode=hms1r3trvhkrpa6&ArticleHeadline=TEXTFitchScottish_independence_likely_neutral_for_residual_UK Quote Link to comment Share on other sites More sharing options...
Phoenix Posted June 30, 2013 Report Share Posted June 30, 2013 My concerns over the Bank of England setting monetary policy comes from the way other monetary unions such as the EU already operate, the ECB in theory should treat all members of the Euro equally but in practise it will always help the stronger nations e.g. Germany or France possibly at the detriment of weaker nations such as Greece, Portugal or Ireland. Why do we think that the Bank of England will not prefer to help the south of England possibly to the detriment of Scotland? Also if your point of reference is Paul Kavanagh then is this really an unbiased opinion? "Check Hypothetical Harry go. A new currency would very unwelcome in my opinion. Some of the Yes camp (outwith the SNP) have mentioned this. They are in the minority and will have no influence. I’m guessing that you already know what the USSR’s pitfalls were. Please feel free to share your wisdom with less restraint, althought I do think it’s kind of irrelevant in the end. A vote for the SNP is a vote for the pound. Seemples." Was the personal dig at the start really necessary? You asked for questions and I asked them. I have no idea what happened with the break up of the USSR with regards to currency, it was a genuine question based on a recent change. Not all questions are loaded. As for the last statement, I thought that this referendum wasn't a 'vote for the SNP'. Statements like that show why the NO vote people assume that its only the SNP who want independence. Why would you be surprised if Scotland isn't allowed to borrow at the same rate as the UK? Credit history is built up over a long period of time, would a new state not have to earn a credit rating? Maybe they don't but I don't know that's why I asked the question. Quote Link to comment Share on other sites More sharing options...
Phoenix Posted June 30, 2013 Report Share Posted June 30, 2013 Who knows what the borrowing rate would be, like anything it could go up or down. One credit agency says "We don't know" http://www.lse.co.uk...for_residual_UK That is a perfectly valid answer in my opinion. There are many questions which cant be answered at this stage but at least both sides could be honest and say this. Quote Link to comment Share on other sites More sharing options...
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