Salmond and Sturgeon Want the English Fish for More Fat Subsidies

kabayiri

Tromking wrote: »

...The vision the SNP have for Scotland is so muddled.
...

All will be revealed this afternoon in Nicola's speech, which sets out a vision for the next decade.

or..

Nothing will be revealed this afternoon, after a lot of vague statements.

Somewhere between the above two I should imagine.

kabayiri

Tromking wrote: »

Yep, I have relatives that even with my attuned ear I struggle to understand sometimes.
I had to google old Dolly of Paul, not surprised though as those fisher types down West can be a tad backward.😀

Try asking for directions in Wigan. That's the real test of understanding someone

Generali

Tromking wrote: »

Yep, I have relatives that even with my attuned ear I struggle to understand sometimes.
I had to google old Dolly of Paul, not surprised though as those fisher types down West can be a tad backward.😀

I went to the pub there for lunch. Seriously the bloke I was trying to chat with was very friendly but almost incomprehensible. Once I got my ear in it was fine but it took some doing.

Shakethedisease

Chadsman wrote: »

I have tried looking at both sides by reading numerous articles, contacting the SNP and posting on here and other fora but no one has ever given me an objective reason why currency union is in the best interests of iScotland and a price worth paying for rUK.

The best answer anyone has offered is that it would minimize change. IMHO the needs of iScotland would eventually diverge from the needs of rUK. One thing the current problems of the Eurozone shows is that currency union without fiscal union cannot work because governments have different policies- ultimately economies always diverge.

If as you seem to be suggesting the benefits of a currency union outweigh the costs for rUK really are that obvious then post a link.

For the purposes of the referendum campaign it was all about lessening the perception of impact on day to day lives. The No campaign and the media would have had a bigger field day with the 'risks' of a new currency or anything else currency wise imo.

For the purposes of economics/currency markets etc.. again it was all about lessening the impact for both iScotland and rUK and not spooking markets with an overnight shock/separation. A currency union was never meant to be a permanent thing. Just a transitionary phase until the countries needs fully diverged.

Shakethedisease

Generali wrote: »

Good to see the one person rapid rebuttal unit is still in operation and working as hard as ever.

One tries one's best. You keep on posting in the thread anyway...

kabayiri

Imagine for a moment that Scotland never joined the Union.

Could we seriously imagine Scotland remaining one nation? At the first sight of oil, Aberdeen and a few select mates would have declared independence and started learning Norwegian.

Shakethedisease

Chadsman wrote: »

As no one has given an objective reason why a currency union between iScotland and rUK would be so great for both sides can someone answer this: if currency union really is so great why should iScotland not join the Euro?

Scotland didn't meet the criteria. And certainly wouldn't upon independence, ( need to use run own currency for a few years to prove 'stability' first before being eligible )...so 'joining the Euro' was never an option. See point three.

There was never a point where iScotland could 'just' join the Euro. Shame, many, like yourself, seemed to be under the wrong impression with that.

The convergence criteria are formally defined as a set of macroeconomic indicators which measure:

• Price stability, to show inflation is controlled;
• Soundness and sustainability of public finances, through limits on government borrowing and national debt to avoid excessive deficit;
• Exchange-rate stability, through participation in the Exchange Rate Mechanism (ERM II) for at least two years without strong deviations from the ERM II central rate;
• Long-term interest rates, to assess the durability of the convergence achieved by fulfilling the other criteria.

Shakethedisease

kabayiri wrote: »

Imagine for a moment that Scotland never joined the Union.

Could we seriously imagine Scotland remaining one nation? At the first sight of oil, Aberdeen and a few select mates would have declared independence and started learning Norwegian.

We're all saved !!! Scotland could go independent and we could all be learning Norwegian after all. Oil is back !!!*

Oil surges 25% in three trading sessions

Oil prices have rocketed more than 25 per cent in three trading sessions, with the latest boost coming from data on US production and vague hints of a change of thinking inside the Opec producers’ cartel. The rise has been brutal for bearish traders, who just a week ago had pushed crude to the lowest levels in six and a half years...

...It’s significant, because it underscores the story that, yes, US crude output in total is on a plateau,” said Michael Wittner, global head of oil research at Soci!t! G!n!rale.
"It’s significant, because it underscores the story that, yes, US crude output in total is on a plateau"...

Hedge funds and other money managers had been relatively bearish as oil rebounded late last week, holding the smallest net buying position in Nymex WTI in five years. This forced some to unwind positions by buying back futures, helping stoke the three-day rally.

However, share holdings in the US Oil Fund, the largest crude-backed exchange-traded fund, were last week the highest in its history.

http://www.ft.com/cms/s/2/0a6b9a80-5001-11e5-b029-b9d50a74fd14.html#axzz3kUZnUc2w

* or it could just be volatile.

Chadsman

Shakethedisease wrote: »

Scotland didn't meet the criteria. And certainly wouldn't upon independence, ( need to use run own currency for a few years to prove 'stability' first before being eligible )...so 'joining the Euro' was never an option. See point three.

Until the credit crunch and the resulting problems in the Eurozone it was SNP policy for iScotland to join the Euro- are you now saying that policy was wrong? As for not meeting the stated criteria... not meeting criteria never stopped Greece.


Which of the criteria do you think iScotland would not have satisfied?


You said

There was never a point where iScotland could 'just' join the Euro. Shame, many, like yourself, seemed to be under the wrong impression with that.

...I have tried to understand the SNP policy over the currency but when I contacted them by email, facebook and twitter no one ever replied. So if you are correct in that I have the wrong impression why not put me right and spell out exactly what that policy is, why it is that and why it changed?

Rinoa

Shakethedisease wrote: »

We're all saved !!! Scotland could go independent and we could all be learning Norwegian after all. Oil is back !!!*

http://www.ft.com/cms/s/2/0a6b9a80-5001-11e5-b029-b9d50a74fd14.html#axzz3kUZnUc2w

* or it could just be volatile.

For someone who claims the oil price isn't that important, you do keep a very watchful eye on it.