Scotland Debate

[Old Skier]

Another one http://www.bbc.co.uk/news/uk-scotland-scotland-politics-28780811

 

[Adi2Dassler]

Fair play to the jambo here, he manages to keep his cool in the face of serious stupidity
http://www.bbc.co.uk/news/uk-scotland-28781276?SThisFB

 

[Old Skier]

Fair play to the jambo here, he manages to keep his cool in the face of serious stupidity
http://www.bbc.co.uk/news/uk-scotland-28781276?SThisFB

I see the SNP are now starting their own project fear targeting the NHS. I also always wonder why he always refers to England and not the RUK. He obviously thinks UK is made up of just England and Scotland with the rest of us an unimportant side show.

He always gives the impression that if you don't agree with him then you are wrong and he is right IMHO.

 

[Adi2Dassler]

I see the SNP are now starting their own project fear targeting the NHS. I also always wonder why he always refers to England and not the RUK. He obviously thinks UK is made up of just England and Scotland with the rest of us an unimportant side show.

He always gives the impression that if you don't agree with him then you are wrong and he is right IMHO.

He does , I agree.

NHS Scotland is fully devolved, completely separate to the NHS in England ( I do what he does too, it's nothing personal)

Funding isn't devolved,though.We get a direct % of what is spent on the NHS down south, so as that gets cut, so does ours.Why not have full control over what you spend your taxes on?

 

[FairwayDodger]

Another currency question..... maybe a daft one!

It's clear that we can use the £ without a formal currency union if we so choose. And downsides of that approach have been fairly well discussed.

What I haven't heard, however, is whether scottish banknotes would still be viable in that system. Would BofE still sanction their use? Would we still use them up here never mind whether they'd be accepted down south?

 

[CMAC]

Another currency question..... maybe a daft one!

It's clear that we can use the £ without a formal currency union if we so choose. And downsides of that approach have been fairly well discussed.

What I haven't heard, however, is whether scottish banknotes would still be viable in that system. Would BofE still sanction their use? Would we still use them up here never mind whether they'd be accepted down south?

As they have clearly stated they will not support or condone Scotland using the pound then down south would be a complete no-no. It's actually still a big hassle using them right now and we're a Union.

As to using them up here thats up to the Govt of the day- however Salmond will avoid this like he avoids all the other absolutely critical questions.


On another note- it's a pretty good certainty that if there is a 'Yes' vote there will be a run at the banks in Scotland with investors moving their cash to a more solid banking base down south (or elsewhere)

 

[Doon frae Troon]

On another note- it's a pretty good certainty that if there is a 'Yes' vote there will be a run at the banks in Scotland with investors moving their cash to a more solid banking base down south (or elsewhere)

I think that it is also a certainty that there will also be a big run on sterling so perhaps those Scottish investors will convert to Euros or Dollars for a better deal

 

[Val]

I've travelled extensively in England and have rarely encountered issues using Scottish notes, they don't like them but still take them almost everywhere, even London cab drivers

 

[FairwayDodger]

I've travelled extensively in England and have rarely encountered issues using Scottish notes, they don't like them but still take them almost everywhere, even London cab drivers

Agreed, you often hear the same tired old joke about "funny money" or some such but it's a good ten years plus since anyone refused to take one from me.

However, I would expect that to change post-independence if we didn't have a currency union.

 

[Deleted member 18588]

I think that it is also a certainty that there will also be a big run on sterling so perhaps those Scottish investors will convert to Euros or Dollars for a better deal

Perhaps you could explain why there would be a run on sterling in these circumstances.

 

[Hobbit]

If there is a currency union, what happens if either of the economies performs significantly better or worse? My poor brain suggests that you'd have something along the lines of a Germany 'v' Greece. Would either country want to be tied to another country that is dragging the value of its economy down?

And if the Scottish economy is so much stronger etc, as Alex Salmond suggest, just why does he want currency union?

 

[SwingsitlikeHogan]

And if the Scottish economy is so much stronger etc, as Alex Salmond suggest, just why does he want currency union?

I'm guessing because in the short term (5-10yrs maybe) during the transition period to the new steady state for each countries economy it is the most sensible and stable option?

 

[CMAC]

I've travelled extensively in England and have rarely encountered issues using Scottish notes, they don't like them but still take them almost everywhere, even London cab drivers

Agreed, you often hear the same tired old joke about "funny money" or some such but it's a good ten years plus since anyone refused to take one from me.

However, I would expect that to change post-independence if we didn't have a currency union.

you both have never obviously tried buying anything in Be'f'nal Green
you're lucky if they don't attack you for trying to pass off foreign currency.

 

[Val]

you both have never obviously tried buying anything in Be'f'nal Green
you're lucky if they don't attack you for trying to pass off foreign currency.

I have been in worse, got a lot of looks with my accent and Scottish tenner in Brixton, still took it though.

 

[Doon frae Troon]

Perhaps you could explain why there would be a run on sterling in these circumstances.

After you have explained why you think there will be a run on the Scottish banks.
BTW I don't think there are any Scottish [or English] banks......they are all international now.

 

[CMAC]

I have been in worse, got a lot of looks with my accent and Scottish tenner in Brixton, still took it though.

Thats what surprises me most, its not as if theres only a few of us and we're hardly in the big smoke, but some bars seem to go quieter when my accent is heard as if I've just said "it's a stick up":rofl:

 

[Doon frae Troon]

I was refused in a IOW cafe last year + a comment of not accepting 'funny money'.
I just said that's all I have so the stupid old fool had to back down.
Also I said I lived on the IOW and would not be giving him the chance to refuse my money again.

I generally find that they are accepted everywhere I go, but more reluctantly south of Watford.

It may surprise readers in England that Bank of England notes have a very low circulation rate in Scotland. Seldom seen.

 

[CMAC]

After you have explained why you think there will be a run on the Scottish banks.
BTW I don't think there are any Scottish [or English] banks......they are all international now.

he didn't say that, in fact no-one did.

 

[Doon frae Troon]

Sorry, getting my m's in a mucking fuddle.

 

[williamalex1]

Thats what surprises me most, its not as if theres only a few of us and we're hardly in the big smoke, but some bars seem to go quieter when my accent is heard as if I've just said "it's a stick up":rofl:

It's not you accent , if you dress like your Avatar ,