Derek 2.0

You're looking at Scotland's current economy as part of the UK......

Scotland, unlike Greece, doesn't use the Euro for its suicide pact of a currency, forcing the German led bailout or risk the Greeks taking everyone else with them ........ You mean other then the Protestant Unionist backing majority of the population? The EU would have to rewrite their own economic requirements for entry, lowering the bar for Scotland, in addition allow the SNP Government to forgo the adoption of the Euro and stay with the British Pound (as per the policy of the SNP government)......so no, barring a rewriting of their own entrance requirements, the EU won't accept them. ETA: As for the borders along Northern Ireland and the Republic of Ireland that is a non issue.....all citizens of Northern Ireland are entitled to automatic Irish citizenship, hence an EU passport.......ergo, there is no mobility issue between Ireland and Northern Ireland.

And you would be wrong too.......a devalued dollar would be a good thing if we were a China, namely a manufacturing based economy, but alas we're not..........and that of course doesn't even touch imports with a low Canadian dollar, be they destined for businesses or consumers, that is what creates inflation.......Canada is a net exporter of commodities and a net importer of consumer goods......Now what you suggest might be a positive for certain segments in our economy, like tourism for example, but overall it is not. I will say this again, feel free to answer it (Argus sidestepped it), if a low Canadian dollar is good for our economy, a Canadian dollar that is pegged to commodities, why is our current economy seen as worse off today then it was several years ago? Very simple answer, but it refutes your orthodoxy...... In relation to Brexit.......is the sinking pound and Euro considered a result of a "good economy"?

Of course its a non-starter, Westminster holds sovereignty over Holyrood.........at the end of the day, devolution for Scotland is akin to parents letting their child decide what's for supper or what tv program to watch. What I find rich is the suggestion by some that the EU vote results have all of sudden given rise to Scottish independence, and had the vote resulted in remaining with the EU the SNP would have become Unionists..........and not just wait until the next crisis to seize upon. In other related news, I heard of a petition floating around requiring a replay of the '86 quarter final game between Argentina vs England.

Actually, I do.......simple question, what has the Bank of Canada done with interest rates and why? I'm talking about the present reality.........are you suggesting our declining dollar has helped the Canadian economy? The higher dollar does hurt manufacturing, but then, as I said, ours is a commodity based economy..... Are you suggesting our present day economy hasn't been hurt by a low dollar and commodity prices? Sure they do.......your point? How much grain and beef does the UK currently purchase from said countries versus European markets? Again how much "agricultural trade" is there currently between the UK and Canada verses European markets............. You speak to economic illiteracy, yet your understanding of reality is befitting of a child's fairy tale.

Nice dodge, as we were clearly talking about Canada, where actual reality is quite different then what you purport. Reread my quote..........or why was Canadian manufacturing hurt by a high CDN dollar? Thank you for confirming my point that the Canadian dollar (and economy) is pegged to commodity prices What would be the difference in cost associated with transporting fresh eggs or milk from Northern France to the UK versus from Canada? It has the utter most relevance to your point of Canada becoming the UK's bread basket vice Europe........it demonstrates that you have a piss poor understanding of geography and the associated transportation time and costs associated with sending milk across the Channel versus the Atlantic ocean.......thus, quashing your poorly thought out idea. And your question is answered by the results of the Brexit vote.........there is none.

England doesn't need Scotland to prosper, Scotland is an economic drag for the rest of the UK....inversely...Scotland needs the rest of the UK to sell the majority of its goods, namely O&G, expensive energy and shipbuilding/defense products.

And interest rates from the Bank of Canada are tied to? No, foreign buyers (see United States) have greater purchasing power over Canadian goods, in effect, they get a discount..........this is common sense, if what you were saying was true, the Canadian economy wouldn't have contracted due to the price of oil..........the price of oil declined (a commodity), as did the Canadian dollar, followed by the buying power of Canadian consumers. Your point? Outside the EU, the UK will still be able to purchase European produce.....unless you think the EU will charge the UK more to purchase their products Of course the Germans (you know where you said you were born sometimes) want to continue with free trade with the UK, fore the Germans are reliant upon UK consumers purchasing their goods.........the same will be true of produce, dairy, livestock etc......I don't know why you think Canada will all of a sudden benefit from this......

And it looks like the petition for a "do-over" was BS:

There is plenty of evidence.......internal trade in the UK is not a secret. No it won't, or the Germans will leave.......as the Germans need the UK market, likewise, the shortfall in funding to the EU, from the UK leaving, will be placed squarely at the feet of the Germans.......in effect, a double whammy.

I agree with much of what Tim said above, further to that, the UK and not the EU are in the drivers seat with regards to trade........The UK can buy consumer goods from anyone, but the Germans need the UK market for their own economic well being........which is why the Germans are already floating among the EU a relationship with the UK similar as to what the EU currently has with Norway. Scotland is not in such a position......assuming the UK allowed the Scots to keep North Sea oil, the Scots key industries (Oil/power generation and defense/shipbuilding) are reliant upon trade with the UK.......The Royal Navy and BAE will pull the plug on such industries in Scotland, the Welsh/Northern England power grid will no longer be under the control of Scottish Power and the UK will spend foreign currency on purchasing oil from cheaper suppliers as opposed to the North Sea (one of the most expensive places to produce oil on the planet). Scotland is already an economic basketcase, and will only be more so outside of the UK........unlike Scotland, the UK has centuries of economic precedent operating outside of the EU (and now doesn't have an expensive Empire to maintain).......if, as already is being branded about, fast track trade deals are signed between the United States, Canada and the EU, after the short term instability, the UK will return to normalcy (or better) and not be beholden to billions of dollars given the to the EU each year.

No, but reality did. As it stands, Scotland wouldn't be admitted into the EU (absent rule changes) based on economics alone........but lets say the declining EU lowered the bar (because they need more Greek like economies), the Spanish would veto their entry out of fear of Catalonian independence. Scotland can remain in the United Kingdom or go live under the proverbial bridge with all the FREEDOM they want.

I agree 100%......leaving North Sea oil aside, which the UK might not "give" to the Scots, Scotland receives far more spending from Westminster then it contributes......akin to a have not Province. That and the fact that the Irish Republic couldn't afford Ulster........

There is no reason for "beatings"........Scotland currently does ~three times the trade with the rest of the United Kingdom then it does with the EU....if the EU put tariffs on UK trade going forward, Scotland couldn't afford to join the EU. If the EU doesn't put tariffs on UK trade, which is likely due to the reliance of the German economy on UK trade, there is no economic reason for Scotland to leave the United Kingdom.

It results in higher domestic prices for goods and increases importing and finance costs for business and government. Commodities are priced in USD globally, and commodities prices and the Canadian economy are forever tied together......if our dollar is worth less, so to are our commodities. The United Kingdom has always been free to purchase Canadian agricultural goods regardless of being in the EU.....

The Scots don't share a border with a sympathetic neighbor, nor do they have a benevolent Colonel in a far flung desert nation sending them weapons......A "Scottish revolution" could be put down by canceling money transfers to Scotland used to pay for welfare and pensions.

Sure, if it came to that, and they have a working blueprint for exactly that......

They can argue until they are blue in the face, but there is no legal basis........a "change in material circumstances" is subjective and despite a ~62-38% vote in favor of staying in the EU, just over 60% of Scots voted on Brexit......The SNP's sole reason for being is Scottish independence, so it should come as no surprise that they are calling at another kick at the can. Inversely, the conditions have clearly changed.......the SNP can't promise North Sea oil.....or the use of the pound.......or continued mobility rights between Scotland and the rest of the UK..... or continued trade agreements ..etc...or even membership into the EU. Don't get me wrong, England proper would be much better off without Scotland (or Northern Ireland), but the SNP's promises two years ago were outlandish, with the same promises now, under these circumstances, they are pure fiction.

You're calling me delusional? Name the statute that gives Scotland the legal right to hold another referendum.....I'll give you a hint, there isn't one. The Edinburgh Agreement between Holyrood and Westminster was but a one shot deal to settle the question once and for all......there was no provision for a "do-over".

The geographic location that comprises the six counties has been called Ulster far longer then there was a United Kingdom or Republic of Ireland......so Ulster, especially for a Republican, is the "more correct term"..........

There is nothing to bet on.....Scotland had its referendum and voted to stay.....the UK, including Scotland got their say on staying in the EU, the UK has elected to leave....forget for a second that during the EU referendum Scotland was only bested by Ulster for worse voter turnout. So no, there is currently no legal way Scotland is leaving the UK, nor, based on current EU economic rules, would it be aloud to join the European Union.......absent North Sea oil......with unfettered borders with the UK.......with the use of the British pound....etc etc.......Scotland is the proverbial teenager, without a job or a penny to its name, threatening to leave home. Ulster is even worse off.....Absent the largess of Her Majesty's Government, Northern Ireland would be a third world country.

Ulster has been leaving the UK for over a century now.........and Scotland, well, Willy Wallace lost in the end........so no, absent permission from Westminster, Scotland and Ulster aren't leaving.......and from England's perspective its a shame really, as both are a huge drain on Westminster's purse....

Not likely.......as it stands, even as it stood two years ago, Scotland wouldn't qualify for EU membership on economic grounds..... absent them retaining the North Sea oil, it lasting forever and its value more than doubling from the present......and all those on economic benefits leaving.......once the Scots stop pissing and moaning, they will then realize, outside of the UK, they are nothing but another Albania with crappier winters........and I still have family in Scotland. I don't know where Ulster is going to go......the Irish can't afford them and they can't go it alone.

Directly no, indirectly this whole thing does though.......namely with a plummeting Euro, caused by instability in Europe for the foreseeable future, the Euro itself will no longer be seen as a safe alternative to the greenback. With that more international money will be invested into USD, ergo increasing its value, well ours does the exact opposite. Not at all, we're still a commodity based economy..........if anything this will further weaken the Canadian economy.

Without a doubt, they're just beating the Bum's rush......