Scottish Independence... What are your thoughts?

[astral276]

Your are assuming the English want a currency union with an independant foreign country.

As said, they want to cherry-pick...and expect the rest of the UK to pay for the cherries.

[DandC_Warehouse]

As said, they want to cherry-pick...and expect the rest of the UK to pay for the cherries.

well we have been paying for the rest of the UKs for long enough.
With regards to yourother statement, its in the interests of both parties to have a currency union.

[astral276]

Actually, I watched the full speech and what he said was yes like all currency unions, there can be risks, unless the correct procedures are agreed and then in place. however there is no reason it cant be done,

All those from the pro camp I have seen interviewed claim to have listened to the whole speech. They seem to have selective hearing though - only hearing the parts they wanted to hear, and blocking out the parts that don't suit them.

[tonyreddevil]

Remember Ireland Left the Union.I know there a certain amount of guns involved though.

[MPS16]

....its in the interests of both parties to have a currency union.

Yes within the United Kingdom Of Great Britain And Northern Ireland.

Currency union and independance for Scotland are mutually exclusive.

"For a currency union to work, it can only work if you have increased economic and political union - the very thing that nationalism is dead against." Quoted by Mr Darling.

[astral276]

well we have been paying for the rest of the UKs for long enough.

Tired old mantra. You were not paying 'for the rest of the UK', you were paying towards the UK of which Scotland is a member.

regards to yourother statement, its in the interests of both parties to have a currency union.

It is in Scotland's interest but not the rest of the UK 's. Why would we want to take on liability for the debts of a separate country with an unproven fiscal record?

As I have said before, if Scotland votes for independence then I fully support their choice. It should though be total and final. No keeping the aspects of the union that suit, and no way back if it turns out to be a big mistake.

[astral276]

"For a currency union to work, it can only work if you have increased economic and political union - the very thing that nationalism is dead against." Quoted by Mr Darling.

I wouldn't pay much attention to anything Darling has to say on economics. The balls up he made of the UK economy demonstrated he knows nothing about the subject.

Actually, there is some indication of the Scots fiscal management abilities...just look back at Brown's and Darling's destruction of the UK economy.

[tony41]

Remember Ireland Left the Union.I know there a certain amount of guns involved though.

Not true. PART of Ireland left the Union.

[PetBazaar]

You'll probably find that what the majority want is increased devolution rather than outright independence. Unfortunately this option was specifically barred from appearing in the referendum after the main Unionist parties threw the toys out of the pram.

As for the currency union

Your are assuming the English want a currency union with an independant foreign country.

Of course they will, well, maybe the English won't. But the rUK Government will. For no other reason than to ensure that the share of the debt the Scotland takes on isn't being denoted in a wildly fluctuating foreign currency. They'll agree for stability purposes.

All those from the pro camp I have seen interviewed claim to have listened to the whole speech. They seem to have selective hearing though - only hearing the parts they wanted to hear, and blocking out the parts that don't suit them.

Unlike Alistair Darling, head of the Better Together campaign, who said:

"This is a detailed speech but make no mistake, the governor's judgement on currency unions is devastating for Alex Salmond's currency plans."

Whereas what most people heard Mark Carney say could probably be summed up as:

“Yeah, whatever you guys arrange between yourselves, we’ll make it work.“

I know you (wisely) advised against listening to Alistair Darling, but the problem is that he's the head of the "No" campaign. So he's the voice that's always on the news and in the papers.

Out of interest, Ladbrokes are offering odds of 1/100 on a currency union. 50/1 against it. They must know something that Alistair Darling doesn't. Alex Donohue of Ladbrokes said: "It's about as uncompetitive as a betting contest can be. Punters would win a penny for ever pound staked on an independent Scotland sticking with sterling."

On the other hand, they're also offering 1/100 on Scotland beating San Marino in an international football match, so maybe the odds aren't that accurate after all.

[PetBazaar]

Remember Ireland Left the Union.I know there a certain amount of guns involved though.

Actually, there's a thought.

Who knows their world history?

Has any country, lets say since WW2, that has gained independence or split up (Czechoslovakia style) ever voted to join back together?

If no, why is it generally assumed that Scotland will find it impossible to go it alone?