If the EU let Scotland in then we may see other countries (like Spain) being divided too, dangerous precedent to set, it could actually lead to the downfall of the EU
there's no question that an indy scothland will use sterling.Originally Posted by jiltedjohn
the question is will it be as part of a full-blown currency union. no one can answer this 'cos the tories won't play ball. salmond's probably evasive on this point cos he doesn't know how it will play out, but that's to be sorted once YES win the day.
if it's not a currency union, scothland will still use sterling but in the same way as a number of latino countries use the dollar. ie without a central bank acting as a lender of last resort. this might just keep scotch banks - what remains of them post YES - honest. without a back-stop they shouldn't be as profligate as the UK banks were
If the EU let Scotland in then we may see other countries (like Spain) being divided too, dangerous precedent to set, it could actually lead to the downfall of the EU
Are you Scottish cpw?
Or are you hoping the North of England becomes a part of Scotland?
nay, jj.
born and bred east lancs. have some scottish blood though i reckon with a scotch surname.
i'm hoping we get a socialist gvt on our doorstep. would be an interesting development.
interesting article on currency union at link.
the gvt. had this to say on currency union...
"There would be a highly complex set of negotiations after a yes vote, with many moving pieces. The UK wants to keep Trident nuclear weapons at Faslane and the Scottish government wants a currency union – you can see the outlines of a deal."
your questions can't be answered for certain, but you can see the way the wind is blowing if you look closely enough.
don't let fear rule you, jj. - view external link
Is your surname Strap..Originally Posted by cpw_cpw
I can't believe a northern englander wants be ruled by the tories for the rest of his life, I FEAR for YOU.
salmond on currency.
makes sense. - view external link
He hasn't "assured" me, it's a big fat NO!
The EU could cut fishing quotas, Salmonds hot air could power the whole of Europe, unfortunately there's f**k all attractive about the c**t.
can i ask, jj.
if the situation was flipped on its head, and scothland was indy, would you vote YES to joining the UK in a vote?
If I was living in an independent Scotland then I wouldn't be British, so I would probably vote no, like I probably would if you asked me if I wanted to become a german or a pole or an american.Originally Posted by cpw_cpw