'Yes' vote 'means leaving pound'

[gordonmull]

Aye, you're right Jim. It's good to get some humorous release sometimes.

Many Scots are just a bit more touchy at the moment because we're being insulted and patronised from every angle. We're getting fed up of being taken as too wee, too poor and too stupid.

In the interests of humour, here's a pro-indy vid that had me in stitches:
EDIT - BTW if you ban our Irn Bru and Buckie we'll just do what we've always done in response to Westminster party-pooping. Illicit drinks production in caves!

[MGR1]

Originally Posted by Jimbuna

Looks like Shell are in favour of the Union.



http://www.bbc.co.uk/news/uk-scotlan...itics-26461833

Yep, but he wants the UK to stay in the EU as well:

"That's the chief reason we're in favour of the UK maintaining its long-established place at the heart of the European Union: it provides greater investment stability and certainty."

That's what it all boils down to - big business doesn't like uncertainty of any type. They obviously aren't enamoured of either debate.

I think the European head of Nissan(?) said the same thing a while ago too.

Mike.

[Jimbuna]

Originally Posted by MGR1

I think the European head of Nissan(?) said the same thing a while ago too.

Mike.

Most certainly did and without them the north east would be royally knackered.

[BossMark]

If the Scots vote for independence , they may not be allowed to keep the English Pound ;

Question is , will England be allowed to keep the Scotland Yard?

[Garion]

We do have the 'Scottish Pound' up here

Cheers

Gary

[Jimbuna]

The latest viewpoint in this monetary tennis match.

A deal on sharing control of the pound between an independent Scotland and the rest of the UK is "unlikely", analysts at the global bank Citigroup have said.

They also said it was "astonishing" the Scottish government did not have a currency union alternative.

Scotland's fiscal deficit was "now significantly above UK levels" because of a recent fall in oil revenues.

Scotland's "large" banking system, with bank assets of more than 1,000% of Scotland's annual GDP, might be too big for the country to bail out.

http://www.bbc.co.uk/news/uk-scotlan...itics-26489307

[gordonmull]

They also said it was "astonishing" the Scottish government did not have a currency union alternative.

This is an often repeated myth. They do. In fact they have several. All already outlined in the Fiscal Commission Working Group's report, and perfectly accessible to a BBC that was in any way trying to present a balanced discussion. What the Scottish Government has said is that they will push for currency union, but that will be a post referendum negotiation.

Scotland's fiscal deficit was "now significantly above UK levels" because of a recent fall in oil revenues.

Scotland's "large" banking system, with bank assets of more than 1,000% of Scotland's annual GDP, might be too big for the country to bail out.

Oil is volatile in price but yet Standard and Poor's report states that even without taking oil revenues into account we'd still be given an excellent credit rating. It's not the sort of independent assessment that would give me cause to worry about financial instability.

I just should also point out that I'm a Green not a frothing SNP cybernat lol I don't really support an oil economy, obviously, but I think Scotland's got a particularly profitable future in renewables, so I don't really see us as oil dependent.