Thread: GFY Brits !
View Single Post
Old 02-17-2014, 01:13 PM  
Triple-A
Confirmed User
 
Triple-A's Avatar
 
Industry Role:
Join Date: Jul 2012
Location: Hartford CT
Posts: 535
Quote:
Originally Posted by mineistaken View Post
Why couldn't they have pound? Any country can have their own currency. If that pound is somehwhat related to GBP then you could simply create new Scottish pound.
Er, no you can't... Scotland's central banks are basket cases. Take RBS (Royal Bank of Scotland and HBOS... the 2 biggest) they have been bailed out several times by the UK Govt and taxpayers of England and Wales and are still owned in part by the UK taxpayer. Any future financial crisis could not be bailed out for a wholly independent Scotland alone, their banks would collapse, and as an English taxpayer I would be mightily pissed off helping Scotland get out of it... the Scottish economy is also mainly state driven which will lead to disaster. It's not sour grapes from me, I would be extremely upset if the Scots were to break up the union... it's not in their real interests... they already have enough devolved power to set their own local fiscal policies and laws, much as any state in the USA would... they are pretty much independent of Westminster but a currency union for a completely independent country is unacceptable to piggy back onto one of the world's major currencies just like that... and joining the Euro would mean Scots losing total fiscal autonomy to the EU and the unelected bureaucrats of Brussels - what price their "freedom" then? It would be a disaster in the making for Scottish people... sure, work on more independent means of devolution if they must. the one man I loathe with every fiber is Alex Salmond, who has a political agenda... I feel he really does hate the English, though I am probably being a little paranoid...

I have family in Scotland and Wales as well as being from the far south west of England, my roots are Welsh and Cornish primarily. We feel more ignored by Westminster down our part of England by central government than the Scots... as the recent flood crisis showed... I say Independence for the Cornish. We are a proud celtic people!

"Rydhses!"

__________________
Triple A Spanking - AAAspanking Affiliate Program
Contact me if you want to help promote our niche
Triple-A is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote