What IF they vote YES.... Will it effect us??

qwert_yuiop

4 - 9 no, 7 - 4 yes, I'm told.

Any gamblers among us? Anyone going for it?

Cotta

qwert_yuiop wrote: »

4 - 9 no, 7 - 4 yes, I'm told.

Any gamblers among us? Anyone going for it?

I'm bored with it. It seems that Scotland doesn't want real independence, they want all the benefits of living in the UK such as currency etc but the right to hide from other responsibilities.

Mistral001

I will be very surprised if it will be a yes vote, but well it is up to the Scottish I suppose.


How will it affect us?


I can see the new Independent Scottish government putting up a lot of taxes on us foreigners to pay for the goodies that they have promised their people. Airport taxes will probably go up affecting people here flying to Scotland.

Some people here on benefits might actually move to Scotland to get the more advantageous benefits and public services promised. Also more people living here might choose to retire there for similar reasons. That's if they get through Immigration!

A.L.D.A

Cotta wrote: »

I'm bored with it. It seems that Scotland doesn't want real independence, they want all the benefits of living in the UK such as currency etc but the right to hide from other responsibilities.

That is the exact mistake the NO campaign are making. You will loose all the benefits that the UK brings, negative. Last thing you want to do is patronise and the better together campaign has been doing it in style.

Politics in Scotland seems well to the left of politics in England and probably a very bad time to hold such a referendum in the first place. People like IDS and Mr Austerity must go down a treat north of the border. Then there are all the backwoods conservatives who still think they are at war with France or Germany or any of those foreigners. Enough to frighten anyone with progressive views.

Regarding Sterling, if it were me I would dump sterling and set up my own currency. It would be a major reason for going it alone. Why have the value of your currency and interest rates dictated by the economics of the South East of England? That is a substantial part of the problem in the first place.

I wonder if the economic consequence of an independent Scotland, with its own currency, and tax structures has been properly thought through in Westminster.

Cotta

A.L.D.A wrote: »

That is the exact mistake the NO campaign are making. You will loose all the benefits that the UK brings, negative. Last thing you want to do is patronise and the better together campaign has been doing it in style.

Politics in Scotland seems well to the left of politics in England and probably a very bad time to hold such a referendum in the first place. People like IDS and Mr Austerity must go down a treat north of the border. Then there are all the backwoods conservatives who still think they are at war with France or Germany or any of those foreigners. Enough to frighten anyone with progressive views.

Regarding Sterling, if it were me I would dump sterling and set up my own currency. It would be a major reason for going it alone. Why have the value of your currency and interest rates dictated by the economics of the South East of England? That is a substantial part of the problem in the first place.

I wonder if the economic consequence of an independent Scotland, with its own currency, and tax structures has been properly thought through in Westminster.

I'm not scaremongering the realities are that Scotland's wish list of availing of the UK defence structures, keeping the sterling and accepting UK interest rates are pie in the sky requests. The only thing they will get is the Queen remaining head of state as it will still be within the Commonwealth.

If anything is negatvie I find the agressive nature of the "Yes" camp to be such, shouting down and calling anyone against independence a "traitor".

A.L.D.A

Mistral001 wrote: »

I will be very surprised if it will be a yes vote, but well it is up to the Scottish I suppose.


How will it affect us?


I can see the new Independent Scottish government putting up a lot of taxes on us foreigners to pay for the goodies that they have promised their people. Airport taxes will probably go up affecting people here flying to Scotland.

Some people here on benefits might actually move to Scotland to get the more advantageous benefits and public services promised. Also more people living here might choose to retire there for similar reasons. That's if they get through Immigration!

I see it as being a more predatory country trying to attract investment with tax rates set accordingly. South of Ireland Mark 2, but this time with a land border to England. Should be very interesting, but if that is how it transpires economically disastrous for NI unless the 'UK' responds effectively.

Politically it would mean a Conservative administration in what is left for the foreseeable future. An administration that is increasingly bitter and anti EU. Locally that would influence how some would vote if there were a referendum here. It would not take that much of a percentage swing to see a vote here in favour of a united Ireland. So a vote for Yes in Scotland probably means the clock is ticking for NI exit.

Where I live the links with Scotland are very real and the consequence of independence could have significant impact on perception and economic priorities.

Unless the No camp get energised I think it could be a YES. It will be very close. Whatever way the divisive administration in Westminster have much to answer and the reasons why regions in England (never mind Scotland) are out of sync with the South East do need to be addressed.

A.L.D.A

Cotta wrote: »

I'm not scaremongering the realities are that Scotland's wish list of availing of the UK defence structures, keeping the sterling and accepting UK interest rates are pie in the sky requests. The only thing they will get is the Queen remaining head of state as it will still be within the Commonwealth.

I can't see anything in that of merit. UK defense structures are beyond its means and involve us in wars and foreign policy we would be better out off. Commonwealth fine, Queen a matter of taste. Economically the arguments about the need for the UK having its own currency apply equally to Scotland if it were independent. The current economic priorities in Westminster are often out of sync with the regions including many in England. Currently we are likely to face rate increases because of an overheated housing market in London yet locally much of NI is still in recession.

Cotta

A.L.D.A wrote: »

I can't see anything in that of merit. UK defense structures are beyond its means and involve us in wars and foreign policy we would be better out off. Commonwealth fine, Queen a matter of taste. Economically the arguments about the need for the UK having its own currency apply equally to Scotland if it were independent. The current economic priorities in Westminster are often out of sync with the regions including many in England. Currently we are likely to face rate increases because of an overheated housing market in London yet locally much of NI is still in recession.

Economically I can't see any real benefit to a IS.

qwert_yuiop

So lower taxation and more public spending? That should end well.

As indicated on another thread, England's smartest move would be to declare independence from the rest of us.

A.L.D.A

qwert_yuiop wrote: »

So lower taxation and more public spending? That should end well.

As indicated on another thread, England's smartest move would be to declare independence from the rest of us.

That applies even more to the GLC.

What politicians promise and what politicians do are often very different. So economic reality is likely to dictate overall policy if they vote yes.:rotfl:

Cotta wrote: »

Economically I can't see any real benefit to a IS.

There are arguments for and against. It is not just one way. The ability to set up structures to attract more investment, or support local business would be a large plus, but without an independent currency any benefit would be limited and the actions in London could significantly encumber. It is an arguement for financial nerds.

Whatever way it goes we will know soon enough, but if it is YES we are in for a period of political instability and financial speculation. I would expect sterling to be weak for some time. No good news in this for NI, certainly not in the short term.