dollface

We've put in, why shouldn't we take out?

So in your scenario, if you buy a house in Canada, then decide to leave, you should forgo all your money and assets that you've plowed in but keep paying your property tax when you leave?

montreal mike

see post 192

I already explained that one

Oakvillian

If you simply walk away from the house when you leave the country, abandoning the mortgage and all other debts secured against it, then yes, that would pretty much describe the situation. You'd probably have both your bank and your municipality come after you for payment, to boot.

And if you are a bit more responsible and decide to sell your house when you leave, you convert the proceeds to the currency of the country you move to. You couldn't directly use Canadian dollars to buy your new house in, say, Scotland, because Scotland is not the same country as Canada and cannot use Canada's money.

orly

Yes Scotland has put in. It's also "taken out" during "membership".

Your comparison with a house is flawed. If you buy a house you have the house. If you leave you no longer have access to the house. In terms of Scotland and UK - while a constituent country of the UK, Scotland paid in taxes and the like and gained benefits from the UK as a whole in return. These are things like the currency, the health care system, the military, investment in infrastructure and basically anything else you care to name. If Scotland then decides upon "independence" all that effectively ends.

The only real precedent is the Irish Free State. A different situation in many ways but you can see how they went about building "their own country" from the outset. It involved being a dominion for a period and using sterling along with the irish punt at parity. They issued their own passports, had their own Central Bank (well, "currency commission" to be completely accurate) etc etc. In end they became a full Republic in the 1930s. Of course there was a civil war in the middle but I doubt that would be applicable to Scotland in the 2010s.

Paul_Shepherd

From what i remember from that idiot, i dont think he will do any good for any part of the cause, however if he does something for the no camp then i may reconsider my opinion of him.

dollface

Your first scenario won't happen.

The second, that's exactly the point - it's like take a little, even if more is due to you (not necessarily in monetary terms) but please have some debt and jog on, thanks for your time in the Union but it's all going to be our way now you've chosen to leave. Not very amicable is it?

Anyway it's pointless, we can debate it til the cows come home. Whatever will be , will be. I just hope it's not a yes.

Paul_Shepherd

+1

Hear hear!! very well put, it England, Scotland Wales and Northern Ireland's pound

montreal mike

in Quebec it was a 'no' twice but these guys still will not give up

orly

The rest of the UK didn't initiate the proceedings nor did it vote to leave. If the Scots do then it's a bit rich to start talking about what's amicable. Indeed I'd expect the UK government, in any following negotiations, to fight for what's best for the UK. That won't necessarily equate with "fairness" to Scotland and nor should it.

dollface

Yes it has taken out also, just as the other 3 nations have. Anyway, I think asking for the UK pound is a waste of time, that isn't independence and we'd still be under the power of the BOE so a non starter for me. I'd prefer to have our own currency but to reiterate all that has gone before regarding credit etc. For me, the Euro is useless and still under the power of someone else.

It's a difficult position to be in whether we stay or go.

dollface

Well then take ALL your debt as well.

dollface

and possibly Scotland won't either but if it's a NO vote, it surely has to be it for a verrrrrrrry long time.

Paul_Shepherd

As Oakviallian said Scotland would need to have its own treasury and bank and currency, etc and i agree the Euro would be a disaster, its been a disaster for everyone else, Scotland would be no different.

Yes you have hit the nail on the head, this is why independence is a bad idea, Salmond hasnt thought it through or planned anything, and it doesnt stop there, how about armed forces, border control, trade agreements with other countries . Scotland becoming its own country is a HUGE undertaking, one that really should stay as a pipe dream, the more i think about it, the more im convinced that Salmond is on the same path as Rob Ford and is smoking funny things! The man is delusional.

andrewjohn

Ok.. Just watch the next poll "Yes" should be in front now..
Westminster is digging a hole.
http://www.cityam.com/blog/139219661...sion-heres-why http://www.adamsmith.org/news/press-...-pound-without

dollface

Well I did say earlier, why should Scotland walk away without the £, it's ours too, the English didn't invent, copy write nor patent it.