Scotland Debate

[Val]

So Carney confirms that given the intransigence of Westminster political parties, a currency union won't work. All the Economic requirements are there, just not the political will at Westminster.I wonder how the Three Amigos will spin that one tomorrow?

And as they continue to bring confusion to the table,billions are being lost to European pension funds and the value of their currency.They really are making a complete mess of this.Too negative, too far, too bad.They'll reap what they sow.

Ever considered its the split that's causing it rather than the lack of a CU agreement or is that just not worth the YES voters considering

 

[Adi2Dassler]

Ever considered its the split that's causing it rather than the lack of a CU agreement or is that just not worth the YES voters considering

Well of course if Scotland stayed in the union there would be no need for a currency union, but I thought we had maybe moved beyond that basic reasoning on this discussion?I was thinking more about solutions that suit both sides once YES wins.

8 year CU running alongside 8 year Trident storage, as I've been saying all along-as the palatable middle road solution, not my own suggestion, which is slightly more radical.

 

[Fyldewhite]

I'm stopping in Glasgow on the night of the 18th en route further north. Can anyone recommend somewhere (bar) central that would be a good place to watch the proceedings from? Are any rallies planned or demos etc or places to avoid at all costs!! I guess all eyes will be on the TV screens and once the exit polls are announced at around 10:01 we'll effectively know the result. Suppose anything could then happen?? A Scottish guy I happened to be playing golf with last week suggested it could turn very nasty ........ Do I need a tin hat? Is this likely? Any advice appreciated.

 

[Val]

Well of course if Scotland stayed in the union there would be no need for a currency union, but I thought we had maybe moved beyond that basic reasoning on this discussion?I was thinking more about solutions that suit both sides once YES wins.

8 year CU running alongside 8 year Trident storage, as I've been saying all along-as the palatable middle road solution, not my own suggestion, which is slightly more radical.

So we are in agreement then, the thought of an independent Scotland is sending the markets in free fall?

 

[Adi2Dassler]

So we are in agreement then, the thought of an independent Scotland is sending the markets in free fall?

Yes.Combined with the refusal of the political elite in Westminster refusing ( for now) to contemplate a CU.

https://theconversation.com/could-c...-done-before-scotland-independence-vote-31438

Imagine if Salmond had said his plan A was a new currency and we're 9 days away from the £ being devalued by x.The markets would be in a whole worse condition and they'd be begging for a CU.

 

[Doon frae Troon]

Imagine if Salmond had said his plan A was a new currency and we're 9 days away from the £ being devalued by x.The markets would be in a whole worse condition and they'd be begging for a CU.

I said that a while ago and got pelters.

Are the English politicians and press so dim that they cannot see the threat to the UK pound if Scotland withdrew from a CU.

Interesting to see the debate has become much sharper and interesting since Scottish political media are more involved instead of the usual national suspects.

 

[Doon frae Troon]

I'm stopping in Glasgow on the night of the 18th en route further north. Can anyone recommend somewhere (bar) central that would be a good place to watch the proceedings from? Are any rallies planned or demos etc or places to avoid at all costs!! I guess all eyes will be on the TV screens and once the exit polls are announced at around 10:01 we'll effectively know the result. Suppose anything could then happen?? A Scottish guy I happened to be playing golf with last week suggested it could turn very nasty ........ Do I need a tin hat? Is this likely? Any advice appreciated.

I would play safe and avoid Glasgow.
There are sufficient fools on both sides.

Latest news, yesterdays shares have recovered, no surprise there then.

 

[Val]

Yes.Combined with the refusal of the political elite in Westminster refusing ( for now) to contemplate a CU.

https://theconversation.com/could-c...-done-before-scotland-independence-vote-31438

Imagine if Salmond had said his plan A was a new currency and we're 9 days away from the £ being devalued by x.The markets would be in a whole worse condition and they'd be begging for a CU.

I said that a while ago and got pelters.

Are the English politicians and press so dim that they cannot see the threat to the UK pound if Scotland withdrew from a CU.

Interesting to see the debate has become much sharper and interesting since Scottish political media are more involved instead of the usual national suspects.

The lack of a CU is not what has destabilised the market, the break up of the union is what is pushing it

 

[Doon frae Troon]

Oh Dear.

Good start to the Three Amigos Tour [not]
http://www.youtube.com/watch?v=3XyEzZ57wdE

Sorry ,could not clever enough to find the Benny Hill music.

 

[CheltenhamHacker]

Interesting to see the debate has become much sharper and interesting since Scottish political media are more involved instead of the usual national suspects.

Not coming from a biased point of view in the slightest.

 

[Doon frae Troon]

Not coming from a biased point of view in the slightest.

Strange comment.......the Scots political commentators are much more up to speed with what is happening in Scotland than the Westminster ones.
Suggesting they are biased is so far off the mark it is basically insulting.

 

[CheltenhamHacker]

Strange comment.......the Scots political commentators are much more up to speed with what is happening in Scotland than the Westminster ones.
Suggesting they are biased is so far off the mark it is basically insulting.

Don't worry, I wasn't saying they were biased, I was saying you were. The implication from your post coming across that the Scottish political media are much sharper than the "usual national suspects".

It wasn't an overly serious reflection, just a throw away jokey comment.

 

[Foxholer]

It wasn't an overly serious reflection, just a throw away jokey comment.

Which seems to be the way the English Media and Politicians have been treating the 'Yes' viewpoint up until last weekend!

 

[Val]

I would play safe and avoid Glasgow.
There are sufficient fools on both sides.

Latest news, yesterdays shares have recovered, no surprise there then.

Where do you get your info? FTSE is down today again.

 

[SwingsitlikeHogan]

Oh Dear.

Good start to the Three Amigos Tour [not]
http://www.youtube.com/watch?v=3XyEzZ57wdE

Sorry ,could not clever enough to find the Benny Hill music.

And raising the Saltire above 10 Downing Street - oh for goodness sake. Sorry - but I just laughed,

 

[Foxholer]

Where do you get your info? FTSE is down today again.

Ah! The old selective reporting trick! (Or Lies, damned lies and statisatics! No doubt including these ones!) FTSE not down as much as other bourses. The Scottish companies are probably up on yesterday - the couple I looked at certainly were.

Pound down very marginally against Dollar and Euro, but quite possibly more to do with speeches to/at TUC than about Scotland!

 

[Doon frae Troon]

Don't worry, I wasn't saying they were biased, I was saying you were. The implication from your post coming across that the Scottish political media are much sharper than the "usual national suspects".

It wasn't an overly serious reflection, just a throw away jokey comment.

Ok sorry about that.

I do tend to have a poor reflection on modern Westminster political commentators , most seem to be stuck up their own rear ends.
They used to be so good.

 

[Doon frae Troon]

Where do you get your info? FTSE is down today again.

Sky news, The 'Scottish' shares that were all over the news yesterday [ or are the not Scottish any more now they have gone back to where they were]
BTW the falling pound is more or less where it was 5 months ago. Re alignment I think they called it on Sky news.

OH NAW....just realised Sky News is owned by Rupert Murdoch. [see earlier posts]

 

[Val]

Sky news, The 'Scottish' shares that were all over the news yesterday [ or are the not Scottish any more now they have gone back to where they were]
BTW the falling pound is more or less where it was 5 months ago. Re alignment I think they called it on Sky news.

OH NAW....just realised Sky News is owned by Rupert Murdoch. [see earlier posts]

The pound is at a 11 month low against the dollar it was almost 1.70 in May (5 months), it's not realignment as that normally happens over the course of a few days, you don't realign that much.

 

[Val]

Ah! The old selective reporting trick! (Or Lies, damned lies and statisatics! No doubt including these ones!) FTSE not down as much as other bourses. The Scottish companies are probably up on yesterday - the couple I looked at certainly were.

Pound down very marginally against Dollar and Euro, but quite possibly more to do with speeches to/at TUC than about Scotland!

Currency reacts quickly to changes in the market, still down on Friday with little/no recovery on the USD yet.