Indy2, Scottish pound, and house prices

Thrugelmir

edinburgher wrote: »

The value of the £ has plummeted vs. other currencies.

Reflects the poor state of the UK's finances as a whole. Nothing new either. Austerity has a long way to go yet. There's no magic money trees. Despite what many politicians promise. Trade is finite.

TrickyTree83

Shakethedisease wrote: »

The problem you have with me is assuming that I'm an oddity or on the fringe in Scotland rather than just an ordinary run on the mill working Scot with a family. I'm fairly representative of your average Scot. Oh and political debate interests me.

ps :- Whyte and Hague are having an awful day of it on Twitter with this fellow.

http://www.taxresearch.org.uk/Blog/2017/03/14/why-economic-data-provided-by-london-will-not-help-the-scottish-independence-debate/

I personally think he's full of it because we all know (or should) that statistics are going to be inaccurate to a degree and indicative, he should know that in his position. I don't believe it's acceptable to throw out the data we do have to return to a baseline of absolutely nothing which is what he is claiming we 'actually know'.

However, if what he says is true then it's entirely plausible that the situation could be even worse for Scotland than is currently reported, it does not automatically mean that the situation is being over represented as badly as possible. He conveniently left that bit out.

So.. decisions based on nothing at all, or decisions based on the indicative statistics? They may not be exactly right, in fact I'm 100% certain (I'd bet my house on it) that they are not 100% correct, but they're in the right ball park. As I explained to you before, they're talking about £billions in deficit and huge proportions of trade, the swings required to make the idea more palatable to anyone with economic concerns over iScotland would need to be unprecedented in statistical analysis even with estimation. That goes without saying that all of the statistics from governmental organisation are checked over for methodology by the UK statistics authority and any changes to methodology made off the back of these reviews. GERS has been checked because I've seen the proposed methodology changes in the past whilst I've been scouring for data.

westernpromise

Given that Scotland is full of poor people with a sense of entitlement to English money any iScotland would have to be a high tax economy in all circumstances. This will, of course, send much of its businesses south literally if they are not to head that way figuratively.

Greece without the sunshine. Goody, they're an ungrateful lot.