Will Scotland Leave the UK?

[Pierre]

Originally Posted by Mr Angry

As with most things relating to this bunfight there are other takes on the pound issue.

My point being, if they did keep the pound or a version of it, I doubt they would be allowed into the Eurozone.

I would have thought joining the Euro, would be an entry requirement.

I doubt the eurozone would want 2 countries in the zone with a competeing currency.

[Mr Angry]

Originally Posted by Damien

Considering an impending a election in September I don't think any politician would dare go back on the Currency Union promise lest they be punished by the voters in May.

Which currency union promise?

[Pierre]

Originally Posted by Mr Angry

Which currency union promise?

the promise that there wont be one

[Mr Angry]

Originally Posted by Pierre

My point being, if they did keep the pound or a version of it, I doubt they would be allowed into the Eurozone.

I would have thought joining the Euro, would be an entry requirement.

I doubt the eurozone would want 2 countries in the zone with a competeing currency.

Ireland north and south coexist and trade financially yet one is in the monetary Eurozone and the other isn't.

---------- Post added at 13:58 ---------- Previous post was at 13:55 ----------

Originally Posted by Pierre

the promise that there wont be one

Sorry, which particular "promise" are you referring to?

Originally Posted by Mr Angry

Sorry, which particular "promise" are you referring to?

The one where Osbourne stated there would be no currency union.

[Pierre]

Originally Posted by Mr Angry

Ireland north and south coexist and trade financially yet one is in the monetary Eurozone and the other isn't.[COLOR=Silver]

As does the UK and the rest Europe. that's wasn't the point I was trying to make.

I was under the impression that any NEW country entering the Eurozone would ultimately be required to take on the Euro.

[Mr Angry]

Originally Posted by Damien

The one where Osbourne stated there would be no currency union.

Cheers Damien, I wasn't aware he had as such made a promise on the matter.

I think his pronouncement on the issue might be better described as an "unequivocal statement", however, I think we are descending into word games here.

[Mr Angry]

Originally Posted by Chris

I think his pronouncement on the issue might be better described as an "unequivocal statement", however, I think we are descending into word games here.

Word games are what the politicians are best at, as the confusion between a promise, an unequivocal statement and an attempt at a pre-emptive strike as far as a currency union clearly show.

Not my argument, nor my forte either, but it'll be interesting to see how it plays out in the long run.

As I said it's a bunfight of claim and counter claim the reality of which nobody will know until after the fact.

Originally Posted by Mr Angry

Word games are what the politicians are best at, as the confusion between a promise, an unequivocal statement and an attempt at a pre-emptive strike as far as a currency union clearly show.

Not my argument, nor my forte either, but it'll be interesting to see how it plays out in the long run.

As I said it's a bunfight of claim and counter claim the reality of which nobody will know until after the fact.

Either way I don't see Osbourne going back on what he said with a pending election. A UK Currency Union is not popular and the SNP have already made it clear they want to compete with the reminder of the UK but lowering corporation tax (paid for by the never-ending Oil money of course) to attract businesses from the UK to Scotland. We would be mad to help them achieve that.

[Mr Angry]

Originally Posted by Damien

Either way I don't see Osbourne going back on what he said with a pending election.

He "has form", as they say. Leopard / spots.

Originally Posted by Mr Angry

He "has form", as they say. Leopard / spots.

Yes but those instances are often due to public pressure. In this case the pressure would be on him to keep his current position. Scotland would be mad to assume he is going to change his mind, it's politically and fiscally unwise for him to do so. If Scotland votes to go it alone they will become rivals, we won't lend them a hand.

[Horizon]

Originally Posted by Alan Fry

With all this debate on if Scotland should become Independent from the UK and how they migh be achived, I would like to ask, why should we do about Scotland?

http://www.bbc.co.uk/news/uk-scotland-16478121

My first posting in the current affairs section and I'll answer the question like this.

If Scots feel they are different from the English, Welsh and what's left of the Irish, then yes they should go their own way and we shouldn't do anything about it. But if they say no in the referendum, then the issue should be put to bed forever.

Despite loads of guff on the internet saying how the world is getting closer together, humans are tribal and like to be different from each other. I never considered the Scots a seperate tribe, but they may see it differently.

It's funny to see the OP being quoted again, more than two years after starting the thread, and having since been banned ... !

[Horizon]

Originally Posted by Damien

Yes but those instances are often due to public pressure. In this case the pressure would be on him to keep his current position. Scotland would be mad to assume he is going to change his mind, it's politically and fiscally unwise for him to do so. If Scotland votes to go it alone they will become rivals, we won't lend them a hand.

Skipping 50 pages and into today's debate on the currency union issue....

If Scotland went its own way, then the chance of a currency union is zero. But I believe we, the rest of the British, would be generous here and state that in effect the country, the UK, had split into two seperate parts. This is key, because it would mean Scotland could join the euro and would not have to apply for new EU membership.

The rivals issue is exactly why I would not want Scotland to go independent. You can be friends one day and the next...

---------- Post added at 15:41 ---------- Previous post was at 15:37 ----------

Originally Posted by Chris

It's funny to see the OP being quoted again, more than two years after starting the thread, and having since been banned ... !

I thought it rude to go straight into a thread without addressing the OP's question first. Don't ban me if I quote some other older posts too. I've got 50 pages to read on this thread alone.