Scottish independence

Chadsman

jem16 wrote: »

I suppose what I really meant was that very few have an idea what a currency union actually is and what it entails. They can neither tell me the reasons for or against it.

I posted on here asking why the SNP wants currency union with rUK rather than sterlingisation. I have also emailed, twittered and facebooked the SNP asking the question but no one has even attempted an answer.


If they want rUK to moderate its monetary policy that is completely unrealistic. If they think the economies of the independent countries will always require require the same monetary policies they have no need for currency union- sterlingisation would do just fine and they would get the symbolism of setting their own monetary policy

psionicman2000

i would of thought the scots would of been too drunk to vote so turnout would be low

black_taxi_2

PeterOuld 4m My final #indyref forecast an hour before the count - Yes edging up slightly to 47.9% - chance of Yes victory 4% - http://forecastuk.org.uk/?p=86

black_taxi_2

North Lanarkshire 0200




If NO wins here, then I’d be fairly certain that Scotland is staying in the UK. A YES win with over 53% or so would indicate that the nationalists are on course to go very close.

jimjames

black_taxi wrote: »

PeterOuld 4m My final #indyref forecast an hour before the count - Yes edging up slightly to 47.9% - chance of Yes victory 4% - http://forecastuk.org.uk/?p=86

Doesn't quite match your previous post. 4% yes means there's a 96% chance of a NO victory doesn't it? Or are you suggesting this poll is wrong?

black_taxi wrote: »

No poll puts YES on a win

HUGE TURNOUT

expect red faces

jem16

Chadsman wrote: »

I posted on here asking why the SNP wants currency union with rUK rather than sterlingisation. I have also emailed, twittered and facebooked the SNP asking the question but no one has even attempted an answer.

I have long suspected that the SNP don't actually know the answer either. Alec Salmond was always against staying with the pound. He has changed that stance purely and simply to win voters as he knows that most Scots don't want a different currency.

If they want rUK to moderate its monetary policy that is completely unrealistic. If they think the economies of the independent countries will always require require the same monetary policies they have no need for currency union- sterlingisation would do just fine and they would get the symbolism of setting their own monetary policy

Sterlingisation gives the SNP a huge headache as it gives all of the negatives of the currency union (ie setting of interest rates not in your favour) and none of the benefits (ie a lender of last resort).

Chadsman

jem16 wrote: »

Sterlingisation gives the SNP a huge headache as it gives all of the negatives of the currency union (ie setting of interest rates not in your favour) and none of the benefits (ie a lender of last resort).

I know that... but as you say Mr Salmond apparently doesn't or is unwilling to explain. I have never heard anyone from the 'yes' side state their reasons for wanting currency union. If they had it would be possible to engage in debate on the matter but...


For rUK rates to be not condusive to the needs of iScotland implies they need rUK rates set not according to the needs of rUK but according to the needs of someone else.


If Scotland does vote for independence I will wish them the very best of luck and bon voyage... but that will also mean rUK gets independence from Scotland including granting rUK the right to set its policies solely according to the needs of its own peoples- not Scotland's.

Mistermeaner

If the result is 50:50 give ir take a few % maybe the best thing would be to split scotland in 2 (east and west probably fairest) and everyone shuffle around depending which bit they support.

Sammond can have the west and no debt.

colsten

jem16 wrote: »

Sterlingisation gives the SNP a huge headache as it gives all of the negatives of the currency union (ie setting of interest rates not in your favour) and none of the benefits (ie a lender of last resort).

yeah, but sterlingisation is the nearest they could get to their "it's our pound too and we will keep it" slogan/promise. Like a currency union, sterlingisation would still be million lightyears from independence, too.

Although a part of me still wishes everyone would find out how scottish independence would pan out, my soul is really with the "No" camp as they promise so much more hope for the future than the "Yes" camp.

Archi_Bald

Lest anyone forgot, everyone can have their own referendum as the UK is as free country: http://www.huffingtonpost.co.uk/2014/09/15/boris-johnson-launches-bid-to-become-his-own-independent-country_n_5813182.html