Quote:
Originally Posted by Mr Angry
The issue at hand was that a poster suggested that one could not have independence and retain sterling. I merely pointed out that was not the case and that Jersey was a working example as it has a currency union with the United Kingdom. The nature of that currency union is irrelevant, the fact is it exists.
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That's not the point though is it.
We all know a currency union is possible, and that, to lesser degrees than the one proposed, they exist.
If Jerseys central bank failed, would we be responsible for hailing it out?
Bottom line is we don't want a currency union with Scotland. Doesn't matter if it may or may not work. We don't, and won't have it.