• We'd like to take this opportunity to wish you a Happy Holidays and a very Merry Christmas from all at Golf Monthly. Thank you for sharing your 2025 with us!

Scottish independence

Adi2Dassler said:
We can keep the £ whatever, the perceived issue is whether there would be a currency union, there is a significant difference.

The second paragraph I don't quite understand, can you clarify?
Click to expand...

So it is not the £ sterling but the Scottish £ left to float freely on currency markets. Don't think the failed economist or his sidekicks made that clear when presenting the White Paper.
Not surprising really as history shows that very small countries tend to find their currency subject to wider fluctuations due to the volatility of their economies.
In additio, as you say the BoE is the central bank of the UK and an independent Scotland would no longer be part of that so a new lender of last resort would be needed to support Scotland's banks.

Finally the point referring to devolved powers/benefits relates to the cost of those benefits/powers being met by taxpayers elsewhere in the UK, predominantly but not exclusively in England.
 
Old Skier said:
Remember it and regularly was involved in convoy duty running the launchers around the country. The people of Newbury were never a problem and enjoyed the extra employment they bought. The only people that used to create any kind of problem which was extremely limited where 1/2 dozen unwashed women who enjoyed camping.
Click to expand...
You only worked Mon-Fri in the middle of the night then Skier as they gave up trying to move them at weekends.
 
It will be a no by a long way. I dont even know why you're bothering with the referendum!
 
I think there could be a Scottish Military but it would not be anything like the current UK Defence Services. The UK currently is a major force that is part of Nato and has the capabilities for not only national defence but can make a major contribution to International peacekeeping and security. Scotland should be able to create a National Defence Force that could look after border and fishery protection with a small Army and air force that operated much in the way the Republic or Ireland does.
 
SocketRocket said:
I think there could be a Scottish Military but it would not be anything like the current UK Defence Services. The UK currently is a major force that is part of Nato and has the capabilities for not only national defence but can make a major contribution to International peacekeeping and security. Scotland should be able to create a National Defence Force that could look after border and fishery protection with a small Army and air force that operated much in the way the Republic or Ireland does.
Click to expand...

Not sure how they can afford it. As south of the border all we can settle for is not enough in the army to fill Wembley stadium, a navy with no real strategic capability and a few noisy ac.
I think north of the border they will have to settle for a couple of guys in skirts blowing up a couple of pigs bladders. :ears: . No tongue in cheek jobbies.
 
SocketRocket said:
I think there could be a Scottish Military but it would not be anything like the current UK Defence Services. The UK currently is a major force that is part of Nato and has the capabilities for not only national defence but can make a major contribution to International peacekeeping and security. Scotland should be able to create a National Defence Force that could look after border and fishery protection with a small Army and air force that operated much in the way the Republic or Ireland does.
Click to expand...

Sounds suitable and appropriate to me for a small nation
 
Adi2Dassler said:
We can keep the £ whatever, the perceived issue is whether there would be a currency union, there is a significant difference.

The second paragraph I don't quite understand, can you clarify?
Click to expand...

Id love to hear how you can justify that rather blasé claim . Why would England want a currency union with a country who wants Independence but that couldn't even guarantee it qualifying for membership of the Euro? You want independence, you got it but without B of E support! Why would the B of E wish to guarantee and independent Scotland's currency? It'd be interesting to hear of who you think would guarantee it.
 
Scottish wind turbines will be burning out in this wind - enough energy to power the whole country - just need to link it to the hydro stations do do the pumping to store the excess energy ion the high lochs.
 
MarkA said:
Id love to hear how you can justify that rather blasé claim . Why would England want a currency union with a country who wants Independence but that couldn't even guarantee it qualifying for membership of the Euro? You want independence, you got it but without B of E support! Why would the B of E wish to guarantee and independent Scotland's currency? It'd be interesting to hear of who you think would guarantee it.
Click to expand...



  • rUK not England
    I'd rather we didn't join the Euro
    B of E = central bank of The United Kingdom, equally Scottish as English
    Scotland currency = £

If anyone can show me one member of the current UK govt that has categorically said there will be no currency union, I'll vote No next year.

I'm under no illusion that concessions would have to be made by post indy Scotland, but that seems to be a one way street where No people seem to think they'll make all the demands.Seriously, that won't be the case.
 
You must log in or register to reply here.

Similar threads

Slab
Online Shopping
2 3
Replies
56
Views
1K
irip
I
Kennysarmy
Any used car guys on here?
2
Replies
23
Views
1K
Bunkermagnet
Bunkermagnet
N
Intelligent Golf / Club Systems Mobile App Merger
2
Replies
21
Views
2K
jim8flog
jim8flog
E
Booking away abroad
Replies
2
Views
580
stymied
S
Crazyface
Train Tickets
Replies
1
Views
166
Lord Tyrion
Lord Tyrion
Top