Derek 2.0 Posted September 18, 2014 Report Posted September 18, 2014 You have no proof of economic, diplomatic turmoil and higher taxes. No proof? What currency will they use? It won’t be the Sterling nor Euro……..Who will they trade with and how long will it take to create trade treaties? As to business, the Royal Bank of Scotland has already stated a “yes” will equal their move to England……..same with the current insurance industry. Who will protect Scotland? They won’t belong to NATO and will have to create a military from the ground-up……….And of course, when Scotland receives more money from Westminster then they contribute (ala our transfer payments to Provinces), how will they pay for everything without increasing taxes? Quote
WestCoastRunner Posted September 18, 2014 Report Posted September 18, 2014 No proof? What currency will they use? It won’t be the Sterling nor Euro……..Who will they trade with and how long will it take to create trade treaties? As to business, the Royal Bank of Scotland has already stated a “yes” will equal their move to England……..same with the current insurance industry. Who will protect Scotland? They won’t belong to NATO and will have to create a military from the ground-up……….And of course, when Scotland receives more money from Westminster then they contribute (ala our transfer payments to Provinces), how will they pay for everything without increasing taxes? You have no sound argument as to why they shoud not separate. Quote I love to see a young girl go out and grab the world by the lapels. Life's a bitch. You've got to go out and kick ass. - Maya Angelou
Derek 2.0 Posted September 18, 2014 Report Posted September 18, 2014 You have no sound argument as to why they shoud not separate. Yes I do, they will be bloody broke and worse off then they are now.......You have yet to suggest why they would be better off on their own. Quote
WestCoastRunner Posted September 18, 2014 Report Posted September 18, 2014 Yes I do, they will be bloody broke and worse off then they are now.......You have yet to suggest why they would be better off on their own. 'yes you do' they will be bloody broke', ok, that's a sound argument!. I have no suggestions as to why they would be better off. Let's let them decide! Quote I love to see a young girl go out and grab the world by the lapels. Life's a bitch. You've got to go out and kick ass. - Maya Angelou
eyeball Posted September 18, 2014 Report Posted September 18, 2014 'yes you do' they will be bloody broke', ok, that's a sound argument!. I have no suggestions as to why they would be better off. Let's let them decide! The defenders of the status quo seem positively aghast they should even get to decide in the first place. Where in the world did such absurdly sycophantic leanings come form and how did they become so ingrained so deeply in so many? I think the reaction to this vote is surely the more fascinating aspect of it. The fear it strikes seems weirdly obsessive - the reactions more similar to what a so-called assault on religious sensibilities inspire. Quote A government without public oversight is like a nuclear plant without lead shielding.
Guest Posted September 18, 2014 Report Posted September 18, 2014 I have to admit, I don't want them to leave the UK. Maybe I'm getting some idea of how Canadians felt during the Quebec referendums. Quote
Mcintosh Posted September 18, 2014 Report Posted September 18, 2014 It's voting day and the news calls it a "simple" question,hardly! The effects would require a book to explain and include a lot of forecasts which we know are just that. Will it be Yes or no ? Just want to go on record with a simple prediction - the "no" side will prevail and I fully expect a margin between 5 and 10 %. And this is a no brainer. Current polling shows a statistical tie, ok taking that just imagine your one of the "no" voters (keep the status quo) your gonna vote no, no question no hesitation. However if your a yes voter there is a percentage of the "yes" voters who have been talking the talk, but in the privacy of the ballot booth will "chicken" out. I love Scotland, my ancestral home, and hope whichever way it goes, that their future be bright and bonny. Quote
Big Guy Posted September 18, 2014 Author Report Posted September 18, 2014 I believe that all predictions on what would happen is conjecture - just conjecture. Everything is negotiable. What arrangements will be made? How will the IMF react? Which countries will begin to woo an independent Scotland and what will they be prepared give or share? How will the military be divided? Would England allow an independent Scotland to go broke? If so, how would that effect England? Too many questions not answered. Only results will dictate. Quote Note - For those expecting a response from Big Guy: I generally do not read or respond to posts longer then 300 words nor to parsed comments.
Derek 2.0 Posted September 18, 2014 Report Posted September 18, 2014 'yes you do' they will be bloody broke', ok, that's a sound argument!. I have no suggestions as to why they would be better off. Let's let them decide! Ok, but that's why I asked why you favoured the "divorce".......no reason, "just because". Quote
Derek 2.0 Posted September 18, 2014 Report Posted September 18, 2014 The defenders of the status quo seem positively aghast they should even get to decide in the first place. Where in the world did such absurdly sycophantic leanings come form and how did they become so ingrained so deeply in so many? One is a Syncopate if they don’t favour the “yes” side? How so? If “no” wins by a ~5% margin, what does that make the remaining 45%? Losers for coalescing with the majority? Or would you suggest they keep trying every generation until they get it “right”? The SNP and Alex Salmond make a poor Sinn Fein and Gerry Adams for Scotland….. Quote
eyeball Posted September 18, 2014 Report Posted September 18, 2014 Ok, but that's why I asked why you favoured the "divorce".......no reason, "just because". A divorce? This is more like a birth. It's a happy time. Quote A government without public oversight is like a nuclear plant without lead shielding.
eyeball Posted September 18, 2014 Report Posted September 18, 2014 One is a Syncopate if they don’t favour the “yes” side? No, one starts to look like a sycophant when they malign voters for having the galling temerity to vote - for denigrating voters as being too stupid to understand what they're doing. Quote A government without public oversight is like a nuclear plant without lead shielding.
Derek 2.0 Posted September 18, 2014 Report Posted September 18, 2014 I believe that all predictions on what would happen is conjecture - just conjecture. Everything is negotiable. If you have two sides willing to negotiate.... How will the military be divided? How ever the Queen wants her military to be divided........ Would England allow an independent Scotland to go broke? If so, how would that effect England? It won't be up to England alone.......the Scottish banking and insurance industries, which factor heavily into the Scottish economy, have already stated an aye vote will trigger a move to England.........which of course makes sense, why would a Government secured industry, choose to remain in Scotland with a "Monoploy" valued currency as opposed to the safety found within the Bank of England.... As to how it will effect England.......quite well overall. The better question, how many Scots will move themselves and their money South, and of the remaining Scots, how many will favour keeping their own money in a foreign owned and regulated bank? What will Scots do when their ability to apply for credit/lending is greatly reduced? How would a Bank of Scotland secure it's own currency? I will predict, if an "aye" is the result (and we should know around 3pm PST), you will see a run on Scottish banks as the first shot fired in a rapidly declining Scotland...... Quote
Derek 2.0 Posted September 18, 2014 Report Posted September 18, 2014 A divorce? This is more like a birth. It's a happy time. A birth born into poverty, sans a safety-net. Quote
Derek 2.0 Posted September 18, 2014 Report Posted September 18, 2014 No, one starts to look like a sycophant when they malign voters for having the galling temerity to vote - for denigrating voters as being too stupid to understand what they're doing. I’m sure most 16 year olds and other low information voters would favour voting for “free stuff” and not paying taxes……..the problem of course, to paraphrase Thatcher, the Scots won’t have other people’s money to pay for it. Quote
Argus Posted September 18, 2014 Report Posted September 18, 2014 No, one starts to look like a sycophant when they malign voters for having the galling temerity to vote - for denigrating voters as being too stupid to understand what they're doing. They're allowing 16 year olds to vote. In the news today, a car crashed and rolled over, ejecting two teenagers. The cause? The 16 year old in the front passenger seat thought it would be fun to light the drivers armpit hair on fire with his lighter... Quote "A liberal is someone who claims to be open to all points of view — and then is surprised and offended to find there are other points of view.” William F Buckley
Wilber Posted September 18, 2014 Report Posted September 18, 2014 (edited) I have no problem if they do separate. And I am kind of hoping they do! Why? Would you have no problem with Quebec or any other province separating from Canada? Would you kind of hope they do? Just curious. Edited September 18, 2014 by Wilber Quote "Never trust a man who has not a single redeeming vice". WSC
overthere Posted September 18, 2014 Report Posted September 18, 2014 It won't be up to England alone.......the Scottish banking and insurance industries, which factor heavily into the Scottish economy, have already stated an aye vote will trigger a move to England.........which of course makes sense, why would a Government secured industry, choose to remain in Scotland with a "Monoploy" valued currency as opposed to the safety found within the Bank of England.... It's not the currency that frightens the finanical sector, it is the unknown. In London they can find a certainty in regulation and tax structure, they know their position within the UK. They have no such certainty in a Republic of Scotland. Buh bye money and jobs- both items that will be desperately needed in the new land. Quote Science too hard for you? Try religion!
Derek 2.0 Posted September 18, 2014 Report Posted September 18, 2014 It's not the currency that frightens the finanical sector, it is the unknown. In London they can find a certainty in regulation and tax structure, they know their position within the UK. They have no such certainty in a Republic of Scotland. Buh bye money and jobs- both items that will be desperately needed in the new land. Chicken and the egg really........What certainty is there in a yet to be established currency? Quote
overthere Posted September 18, 2014 Report Posted September 18, 2014 The Scots definitely won't have their own, they'll adopt the pound or the Euro. The htreat to the financial sector business is things like nationaization, seizure of assets, punitive tax regimes, limits on movement of currencies and so on in a host of unknown factors. Way too risky. Capital does not like risk, oh no. Rule of law and security are reasons why London is a world financial center for centuries. If you do an international deal there, it is much less risky than it would be in Glasgow tomorrow. Quote Science too hard for you? Try religion!
Derek 2.0 Posted September 18, 2014 Report Posted September 18, 2014 The Scots definitely won't have their own, they'll adopt the pound or the Euro. They can adopt the Sterling without the blessing of the Bank of England, much like a third world country adopting the Greenback.........The Euro would be a precondition to joining the the EU, which the SNP wishes to do, but has stated they would adopt their own currency ..... .........what can go wrong with a unstable country joining the unstable EU? Quote
Wilber Posted September 18, 2014 Report Posted September 18, 2014 They can adopt the Sterling without the blessing of the Bank of England, much like a third world country adopting the Greenback.........The Euro would be a precondition to joining the the EU, which the SNP wishes to do, but has stated they would adopt their own currency ..... .........what can go wrong with a unstable country joining the unstable EU? If they don't adopt their own currency they will have no more control over monetary policy than they do now, either with the Pound or the Euro. Quote "Never trust a man who has not a single redeeming vice". WSC
Derek 2.0 Posted September 18, 2014 Report Posted September 18, 2014 If they don't adopt their own currency they will have no more control over monetary policy than they do now, either with the Pound or the Euro. But that's just it........to join the EU, which they want to do, it's conditional on them adopting the Euro.....unlike the founding members of the EU that could keep their own currency.....The Scots would trade London for Brussels.....I'm not sure that is an upgrade. Quote
Wilber Posted September 18, 2014 Report Posted September 18, 2014 But that's just it........to join the EU, which they want to do, it's conditional on them adopting the Euro.....unlike the founding members of the EU that could keep their own currency.....The Scots would trade London for Brussels.....I'm not sure that is an upgrade. London for Brussels with Germany and France calling the shots. Unless you think the Euro is the way to go over the Pound, I don't see it as an upgrade. I would think they will have even less say in Brussels than in Westminster. Quote "Never trust a man who has not a single redeeming vice". WSC
Wilber Posted September 19, 2014 Report Posted September 19, 2014 It's No. Quote "Never trust a man who has not a single redeeming vice". WSC
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