• Independent Scotland should not use pound, say 63% of English and Welsh
    53 replies, posted
[quote=Flapadar]That doesn't matter, its an internationally traded currency; nobody can stop us using it. Of course, using it in a similar fashion to Panama might not be a sensible idea for more than 20 years.[/quote] Nobody can stop you using it , but the lack of financial stability will stop people lending to you. Other banks and countries will view us in the same, if not worse, light than Greece if we split, as it's been said multiple times that we'd have to take out a £2.5 Billion loan. That is not good for a new country, to instantly have a massive deficit and have no insurance other than "just trust us, our oil though"
[QUOTE=TheDestroyerOfall;45988773]They should adopt the US dollar, just to mess with Britain and their colonies[/QUOTE] Do this, that way you can feel our pain when recession hits because our corporate monopoly overlords decide it would be best to fuck over everyone, you know, stretch their muscles to reinforce their power of us all.
[QUOTE=Instant Mix;45988977]Nobody can stop you using it , but the lack of financial stability will stop people lending to you. Other banks and countries will view us in the same, if not worse, light than Greece if we split, as it's been said multiple times that [B]we'd have to take out a £2.5 Billion loan[/B]. That is not good for a new country, to instantly have a massive deficit and have no insurance other than "just trust us, our oil though"[/QUOTE] Is that all? Westminster subsidizes Scotland's budget to the tune of £8 Billion a year right now...
Pound's ours bitches!
Is this some sort of revenge or something?
[QUOTE=laserguided;45991485]Is this some sort of revenge or something?[/QUOTE] More like the rest of the UK trying to get through some of the yes campaigns grand lies
[QUOTE=Sableye;45991767]More like the rest of the UK trying to get through some of the yes campaigns grand lies[/QUOTE] Elaborate?
[QUOTE=laserguided;45991825]Elaborate?[/QUOTE] The For Independence guys are claiming that there is no way England won't enter a Currency Union (which England has literally no reason to enter) I'm also fairly sure the one guy was massively inflating the claims on the amount of oil being extracted.
[QUOTE=UzumakaiPatch;45993348]The For Independence guys are claiming that there is no way England won't enter a Currency Union (which England has literally no reason to enter) I'm also fairly sure the one guy was massively inflating the claims on the amount of oil being extracted.[/QUOTE] The two campaigns are/were a joke, you have scaremongering on one side and ignorance on the other.
If Scotland leave, it's likely they will join the EU which is swapping a lesser evil for a greater evil.
[QUOTE=Killergam;45994935]If Scotland leave, it's likely they will join the EU which is swapping a lesser evil for a greater evil.[/QUOTE] Uh, no. Definitely the reverse. I would rather be a part of the EU than a part of a UK out of the EU. Jesus christ I simply do not understand the hate directed at the EU by people in England. It's like the EU murdered your puppies and burned an orphanage or something. (I consider myself European before I consider myself 'British')
The UK is surely only likely to leave the EU if we (Scotland) do become independent.
[QUOTE=AimlessGiant;45995045]The UK is surely only likely to leave the EU if we (Scotland) do become independent.[/QUOTE] Given they're planning the referendum anyway, and given Scotland's track record of affecting votes in the Union (Piss poor), I don't think you can say that at all.
The only way that the UK is going to leave the EU is if there is a mass majority of missing Labour supporters (which will happen if we leave the UK). If the referendum is to take place in a UK without Scotland then it's independence is mostly guaranteed given the growing popularity of UKIP. It is fair to say that we are not represented by Westminster but I don't think it is fair to say that our votes mean nothing. There are benefits and negatives to both sides of the campagin, but it seems a majority on both sides feels blindly obliged to disregard the views of the other. It is not in right mind to accept one aspect of a campaign that you like and then go with that campaign based on that view alone. I want Scotland to be independent and strong, I want it to be a burgeoning hub of life, advancement and political and humanitarian activism which it has shown that it wants to be while the Yes campaign has been getting this amazing momentum. However, is that enough of a reason to vote against keeping the UK together? Is it safe for us to leave the UK during economical resurgence? There is definite and possible fiscal benefits to Scotlands independence but they are also fraught with risk. Do not forget that we are indeed gaining powers from the Scotland Act 2012 within the next 2 years which is guaranteeing us the ability to influence our taxes, which is a big portion of the Yes supporting side of the campaign. Truly, I believe that a vote for Yes is going to be harmful to our country, maybe not plummeting into the fiscal disaster that has been painted but our position in the EU and in the world climate is sure to shift for the worst at first. However, voting No is not a vote against Scotland or being Scottish. If there is a no vote on the 18th I will not be any less Scottish, I would not believe any less in my country. Regardless of the result, the people of Scotland should take this new found activism and put it towards something positive, get involved in the wider politics, campaign and reason and open dialogue with your MPs and the government. As a campaign, the Yes campaign has shown that the power of the peoples activism can change the face of politics, and I think that whatever the result, Scotland can change itself and the rest of the UK for the better. TL;DR I want Scotland to be independent more than anything, but I don't think this is the right time for it. I was going to vote for Yes, but recently I feel a lot like I've been taken by a collective madness for the Yes campaign, and while I don't agree with what Westminster and the Tories, Labour and Lib Dems have had to say about it, I can't help but feel there is a better time for this to be done.
Scotland can use the zimbabwe dollar since they will have the same economy.
[QUOTE=Killergam;45994935]If Scotland leave, it's likely they will join the EU which is swapping a lesser evil for a greater evil.[/QUOTE] Doubt it, they don't meet the requirements.
[QUOTE=Killergam;45994935]If Scotland leave, it's likely they will join the EU which is swapping a lesser evil for a greater evil.[/QUOTE] I'm not entirely sure Scotland will even be applicable for EU membership, considering they currently run on the pound. It's possible that losing it will make EU countries deem them unable to cope with the EU's market forces. That's ignoring the fact that if the people vote for independence they aren't likely to then vote for becoming a EU country.
[QUOTE=UzumakaiPatch;45995824]I'm not entirely sure Scotland will even be applicable for EU membership, considering they currently run on the pound. It's possible that losing it will make EU countries deem them unable to cope with the EU's market forces. That's ignoring the fact that if the people vote for independence they aren't likely to then vote for becoming a EU country.[/QUOTE] They are. The path to the Euro is long and actually not a necessity for EU membership. Indeed, their are other countries in the EU who don't use the Euro. Hungary, for one. EU is made up of several agreements that you opt into. Full integration would be all of them, down to a currency union with EU.
[QUOTE=Craigewan;45995874]They are. The path to the Euro is long and actually not a necessity for EU membership. Indeed, their are other countries in the EU who don't use the Euro. Hungary, for one. EU is made up of several agreements that you opt into. Full integration would be all of them, down to a currency union with EU.[/QUOTE] It just isn't that simple. The UK managed to wiggle out of the Euro because it was a special case. Scotland isn't. You don't get to pick and chose.
[QUOTE=Raskol;45995952]It just isn't that simple. The UK managed to wiggle out of the Euro because it was a special case. Scotland isn't. You don't get to pick and chose.[/QUOTE] Adoption of the Euro [url=http://en.wikipedia.org/wiki/European_Exchange_Rate_Mechanism#Current_status_of_the_ERM_II]is voluntary[/url] - and even if it wasn't, we don't meet the entry requirements due to the colossal debt the UK has built up ( assuming we take our share of the debt ) - and if we don't, we don't meet the criteria regarding currency and won't for at least 5 years.
It doesn't really matter what should or shouldn't happen, the fact is they've been told they're not going to be able to keep the pound if they go independent.
[QUOTE=markg06;45996127]It doesn't really matter what should or shouldn't happen, the fact is they've been told they're not going to be able to keep the pound if they go independent.[/QUOTE] GBP is an internationally traded currency. I'd also like to note : "GBP" not "UKP"
[QUOTE=Flapadar;45996141]GBP is an internationally traded currency. I'd also like to note : "GBP" not "UKP"[/QUOTE] When people say "not going to be able to keep the pound" they mean "not going to have any say over the monetary policy of the pound" which makes keeping the pound a rather silly decision.
[QUOTE=Raskol;45995952]It just isn't that simple. The UK managed to wiggle out of the Euro because it was a special case. Scotland isn't. You don't get to pick and chose.[/QUOTE] Having a decent economy around the 2000s was hardly a special case.
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