Alex Salmond says if currency union is refused, Scotland is exempt from any debt

Minorities are fine if they are kept as minorities, but why should we let the muslims and immigrants take over our nation?

 

ProConsul. I was not referring to a monarch who actually has NO powers. I was referring to Prime Ministers. Try using your mind for a change.

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Munter. You mean like the numerous minorities who took over from the indigenous Americans. Hmmm, I see what you mean.

 

Try using yours.
PM's don't have unlimited powers and have only been around since 1721 and not 1707 and even then the title didn't come into being until the 1800's so wtf are you talking about?

 

Dodge noted - and that's obviously a false comparison.

White man taking over an undeveloped landmass, which wasn't even a country, several hundred years ago - NOT the same as throwing away a modern state to immigrants and muslims in order to keep the libs happy.

 

Geez, is that what we are doing Munter? I'll spread the word and the entire country will vote no. LOL

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ProConsul. I can only reply by saying wtf have you been wittering on about all this time.

 

It wasn't several hundred years ago. I think it was only around the turn of the 20th century that they had completed the genocide.

 

This statement which is nonsense.
Why don't you actually educate yourself regarding British history instead of just spouting nonsense which has been repeatedly found to be untrue?
Or you could just remain an obsolete, old fool.

 

LOL. No ta, I don't want to end up like you. Name calling now is it,Lol That merely signifies a lack of any debating skills, which was actually evident earlier. Sad. However I will be voting yes because I care about Scotland.

The problem with folk like you is that you are so busy trying to sound as if you know what you are talking about when you have no clue, but just love sticking your nebs into Scotland's history and politics while knowing little of your own and even less of ours.
Anyone with the slightest knowledge of Scotland would know exactly where the yes voters have come from and it is assuredly not from an equality in the union or a fair and just Westminster government..

 

I'm not an old person.

Considering you did that earlier; that's really hypocritical.
You still haven't apologised for bigoted remarks, insults and accusing me of the same despite the lack of evidence.
I didn't throw the first stone or even the second but I will respond after that.

Are you serious? You haven't once substantiated your position when challenged.

As I have observed from you.

If you care about Scotland then I suggest you vote "no" because it won't end well.
But to be honest after all the belligerence and rudeness of Scots on this forum, I want you to vote "yes"
All I've heard is that it's the fault of the English; how we've somehow looted Scotland as Japan did to Manchukuo.
Hell we're still being blamed for the highland clearances despite the facts to the contrary.
Or how we've somehow made your lives worse despite the fact that it was British money that went into the North sea with American technical expertise or providing our own expertise during the industrial revolution which enabled tens of thousands of people to be employed or maybe it's the free health care, unemployment benefit, housing benefit, free education maybe that is the real burden of the ordinary Scot.

All right. Prove it!

I do actually have Scottish ancestry and a Scottish surname as well.

What are you talking about? It's been more than fair.

 

Ah, so your alleged Scottish ancestry gives you your vast knowledge of Scotland. That definately beats the folk who were born and raised here. LOL and by the way, I do not require to justify your ignorance by apologising for your runaway mouth..

 

As I said. Prove it
Show me where I've been wrong and show me where I've insulted you or said anything bigoted towards Scotsmen.
If not then all it shows is that you don't have a leg to stand on and you don't know what you're talking about.

And my Scottish heritage isn't alleged. It's a fact.

 

Hope it is a more accurate fact than some the rubbish you have written. You know something, your posts are becoming so boring and lacking in content I can't be bothered any more.

 

In regards to this deficit you mention... you gotta ask yourself this questiom: Is it a result of the Scottish being lazy and inefficient, or is it a result of Westminster policy that allocated Scotland a budget that did not near their own contribution? One thing still stands however, and that is that if you divide the value of Scotland's oil by 5 million, the population is doing great even at the lowest oil value ever recorded.

 

It's neither. Scotland spends more.

If you read the article, you;ll see why that is not the case.

In 2012-13, the latest Scottish government figures, public spending in Scotland was £65.2bn. Taxation, excluding North Sea revenues, was £47.6bn. The gap was equivalent to 14% of GDP; bigger than the UK deficit at the height of the crisis. Only by including North Sea revenues was Scotland’s budget deficit brought down to 8.3% of GDP; bigger than the 7.3% for the rest of the UK.

 

But still Scotland's policies and interest rates have always been based away from her. Let's assume that your figures are completely accurate. That means a 1.0% of GDP deficit larger than the whole of Great Britain. Does that sound like a lot? Can't the Scots make up for that 1.0% and exceed it once they are free to go for their own policies? One of Scotland's main goals is to invest in renewable energy, something that Westminster has largely neglected so far.

And how about the Trident? Isn't that eating up a lot of UK public funds? Why need a nuclear program when France and Germany, your allies, already have one each? Why would you need 3 light bulbs in a small room? Just for the sake of wasting 'electricity'?

 

If they implement tax hikes and cut public spending, probably eventually, but you aren't taking into account that iScotland will have no currency of its own and will probably lose of a number of big businesses and the resulting loss of jobs.

That's a different argument.

 

You may consider that an independent Scotland without the pound will be fried but so will be England and the pound (or at least no less than Scotland). The pound is going to receive a hard blow. Businesses speak; they know no borders; the pound dropped slightly already. Analysts say it is going to drop further and irreversibly if it will redraw from Scotland. Do you remember about the fight to keep the Eurozone together? Remember how hard Germany, Italy and France fought to keep Greece in the Euozone? A country dropping a major world currency causes a shock in key business areas and consequentially the value of that currency. Developed middle eastern countries that rely on oil already see Scotland as a rival. Their currencies have gained ground in front of the pound. So I repeat. It's in the interest of the Bank of England to form a currency union with Scotland, unless it wants a currency union with the European Central Bank.

Why should it be? The Trident eats up English, Scottish, Welsh money like any other thing in that country and now the Scots have shared their will to reject it and people should be entitled to debate whether they want that thing like any other thing.

 

Rubbish. You've made all that up.

Let's see some sources.

That is another argument.

 

http://www.euronews.com/2014/09/16/ripple-effect-of-scotland-s-independence-vote-on-mideast-markets/

By the way, when Germany made its sacrifice to finance Greece and Italy did the same by depriving its won people with sever austerity, it did so for a good reason. Germany might not be a country that's talented at music or films, but it's number one in the world at handling economics.

Oh yes, keep sweeping a crucial issue under the rug and pretend it's not there.

 

And? Sorry, but your source doesn't back up your claims. There's no reason to believe sterling will regain its level after the referendum, especially when the rest of the world finds out there won't be a currency union..and even more especially, when independence is rejected.

Start a different thread.

 

There are grounds to foretell irreversible decline of the pound in case there's no currency union because 20% or 30% of European oil resources will no longer be traded in the 'pound zone' and that makes a world of a difference in economics.

But it's part of the core Scottish economic independence debate.

 

That's total nonsense.

And the rUK will make other arrangements.

 

You are basing this statement on what?


You said my link doesn't back up my claim. And I say you didn't watch the video till the end. Isn't that guy chief financial specialist of ADS Securities?

The UK will pay Trident costs all by itself without Scotland and I'm assuming it's gonna be quite happy about it.

 

Oh yes, pay a Euro country for its products and services, boost the Euro instead of boosting a pound Scotland. Typical Westminster reasoning.

 

Good idea.

Otherwise the big businesses will take over Scotland.

The IMF will administer shock therapy to Scotland after a few years of populist 'socialist' policies.

Workers need to unite - that is workers of Scotland AND England, Wales, NI

Vote NO!