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Dick Dasterdly Apr 22nd 2013 8:44 pm

Scottish currency ?
 
So they want independence and they also want to keep our currency ?

What's the matter with the Euro you may well ask or maybe a new currency of their own, (maybe they could call it the joc), but no they want to hang on to ours, though most of the rest of the UK would rather they didn't.

amideislas Apr 22nd 2013 8:59 pm

Re: Scottish currency ?
 
It's just another case of "have your cake and eat it too".

Want complete independence from the UK, don't want to be shackled by the Euro, but want all the benefits of both.

jackytoo Apr 22nd 2013 11:13 pm

Re: Scottish currency ?
 
A few years ago they were blabbing they were going to join the Euro:rofl: I think they don't actually want independence financially, just complete power!

steviedeluxe Apr 22nd 2013 11:24 pm

Re: Scottish currency ?
 
On the face of it, this is a well-timed attack by the Tories at the Scottish independence movement. Currently public mood is against the Euro (although the pound is far weaker against it than a few years back when it could buy 1.65 euros).
However it is a risky policy, and if the UK economy were to suddenly weaken over the next year (let's hope not) then it may end up helping the Scottish independence case. In the meantime it's going to be very interesting to see how Salmond counters this - he's already been hurt by his previous claim that Scotland could be part of an arc orf prosperity... :blink:

Domino Apr 22nd 2013 11:31 pm

Re: Scottish currency ?
 

Originally Posted by amideislas (Post 10673631)
It's just another case of "have your cake and eat it too".

Want complete independence from the UK, don't want to be shackled by the Euro, but want all the benefits of both.

typical Scots attitude I'm afraid. Seem to think the world owes them a living and don't seem to realise that they couldn't have done it without the rest of the island
and don't seem to understand that all the things they seem to have for free are infact funded from down south.

Scotch is the only good thing that ever came out of Scotland, but it will have been a tight scotsman who came up with the idea of adulterating single malts by merging them and calling them blends.

(and before someone comes along and tries to have a go - I have lived there, worked there and really glad to have left there

steviedeluxe Apr 22nd 2013 11:40 pm

Re: Scottish currency ?
 

Originally Posted by Domino (Post 10673891)
typical Scots attitude I'm afraid. Seem to think the world owes them a living and don't seem to realise that they couldn't have done it without the rest of the island
and don't seem to understand that all the things they seem to have for free are infact funded from down south.

Scotch is the only good thing that ever came out of Scotland, but it will have been a tight scotsman who came up with the idea of adulterating single malts by merging them and calling them blends.

(and before someone comes along and tries to have a go - I have lived there, worked there and really glad to have left there

Unlike you I really enjoyed my time working there!
I'd quibble with your claim that only 1 good thing came out of Scotland - the number of inventions they are credited with is quite impressive.
I also think that they can make it if they become independent, and if they so wish, like Ireland, they should be given the chance. However I do think it will be a sad day if it happens, the UK is far stronger with the Scots than without them. At this point I think they will vote against, but that's just an opinion, and it's the scots who will decide..

amideislas Apr 22nd 2013 11:57 pm

Re: Scottish currency ?
 

Originally Posted by steviedeluxe (Post 10673881)
On the face of it, this is a well-timed attack by the Tories at the Scottish independence movement. Currently public mood is against the Euro (although the pound is far weaker against it than a few years back when it could buy 1.65 euros).
However it is a risky policy, and if the UK economy were to suddenly weaken over the next year (let's hope not) then it may end up helping the Scottish independence case. In the meantime it's going to be very interesting to see how Salmond counters this - he's already been hurt by his previous claim that Scotland could be part of an arc orf prosperity... :blink:

Correction: The pound really isn't much weaker against most currencies (still around $1.50, for example) , but the Euro is stronger against all currencies due to euphoria over the Euro crisis being "solved", and of course, the inability of the ECB to print more of it, which would be a big boost the struggling economies, but weaken Germany's.

steviedeluxe Apr 23rd 2013 12:03 am

Re: Scottish currency ?
 

Originally Posted by amideislas (Post 10673931)
Correction: The pound really isn't much weaker against most currencies (still around $1.50, for example) , but the Euro is stronger against all currencies due to euphoria over the Euro crisis being "solved", and of course, the inability of the ECB to print more of it, which would be a big boost the struggling economies, but weaken Germany's.

I say tomato and you say....
still the same, whether you say it's the pound being weaker against the Euro, or the Euro being stronger against the pound...
Most of us were hoping by now for 1.30 euros for a pound. We can dream.. :starsmile:

agoreira Apr 23rd 2013 12:05 am

Re: Scottish currency ?
 

Originally Posted by Dick Dasterdly (Post 10673604)
So they want independence and they also want to keep our currency ?

What's the matter with the Euro you may well ask or maybe a new currency of their own, (maybe they could call it the joc), but no they want to hang on to ours, though most of the rest of the UK would rather they didn't.

Yes, saw a bit of George's speech this morning, personally I think if they want to go it alone, let them go, but a total split, not cherry picking which bits they want to hang onto. As Salmond is all for independence, he'd have no problems letting the The Orkneys, Shetlands etc have theirs, they have made it clear they don't want to be part of his dream. That would take a huge chunk of his oil revenues. Normally the Scots that bang on about what a great place it is, do some from distance away, they all seem to have deserted the place.:D
http://www.spectator.co.uk/features/...the-shetlands/

But the Salmond principle is clear: if a country votes for separation, it should be granted it — together with a ‘geographical share’ of the oil revenues decided by drawing an imaginary border across the North Sea. Using such methods, Salmond is laying claim to 90 per cent of the oil revenue. Were the Orcadians and Shetlanders to do so, then Lerwick (pop 7,000) might well end up as the Dubai of Europe.

Domino Apr 23rd 2013 12:11 am

Re: Scottish currency ?
 

Originally Posted by agoreira (Post 10673945)
Yes, saw a bit of George's speech this morning, personally I think if they want to go it alone, let them go, but a total split, not cherry picking which bits they want to hang onto. As Salmond is all for independence, he'd have no problems letting the The Orkneys, Shetlands etc have theirs, they have made it clear they don't want to be part of his dream. That would take a huge chunk of his oil revenues. Normally the Scots that bang on about what a great place it is, do some from distance away, they all seem to have deserted the place.:D
http://www.spectator.co.uk/features/...the-shetlands/

Perhaps they should take a leaf out of the book of a guy called Smith - he demanded Independence and took it. Lock stock and barrel. No little bits here no little bits there.

And look at the state of Rhodesia now
:eek:

amideislas Apr 23rd 2013 12:16 am

Re: Scottish currency ?
 

Originally Posted by steviedeluxe (Post 10673943)
I say tomato and you say....
still the same, whether you say it's the pound being weaker against the Euro, or the Euro being stronger against the pound...
Most of us were hoping by now for 1.30 euros for a pound. We can dream.. :starsmile:

Well, again, the pound really isn't much weaker. The Euro may be the only currency that matters to you, but it's not the pound that's causing you the stress - it's the Euro. When the Euro crashes, we'll all feel the benefits.

Domino Apr 23rd 2013 12:20 am

Re: Scottish currency ?
 

Originally Posted by steviedeluxe (Post 10673904)
Unlike you I really enjoyed my time working there!
I'd quibble with your claim that only 1 good thing came out of Scotland - the number of inventions they are credited with is quite impressive.
I also think that they can make it if they become independent, and if they so wish, like Ireland, they should be given the chance. However I do think it will be a sad day if it happens, the UK is far stronger with the Scots than without them. At this point I think they will vote against, but that's just an opinion, and it's the scots who will decide..

It rained on the day I arrived, it rained on the day I left, and it rained most days inbetween. 18months of purgatory, compounded by 10pm closing, closed on Sundays.
On the bright side, I used to enjoy haggis and chips on the way home.;)

It is still the Lothian question though. They Scots are still deciding what happens south of the border and those from the south can't decide what happens in the north.

Perhaps out of this England will get its own parliament, as we used to have, with our own Navy and Army, only hiring Scots under mercenary terms.
I believe it would make England stronger, more in control of her destiny.
Perhaps Scotland will renew its troubled relationship with France, who really only provided them with a home from home in France, not doing much for them at all.
:sneaky:

So yes, lets wind the clock back a few hundred years, and whilst they all relearn how to use a kilt we can go around in frilly napkins around ankles, wrists and neck.
:rofl:

olivefarmer Apr 23rd 2013 2:13 am

Re: Scottish currency ?
 
Makes my blood boil.

IF Scotland got independence then they would have to take the euro in my book. Plus their share of the national debt plus pay back the settlement (my guess at todays prices about £100billion). I would also use prisoners to rebuild Hadrians Wall.

The whole thing is just outrageous on so many counts. I would reopen the traitors gate and hang Salmond. Why isn't the whole UK populous being asked to vote.

The Scots have contributed a lot to Britain over the years. Looking at wars, many lost their lives fighting for the good not of Scotland but of Great Britain.

Fortunately Scotland will never become independent because of Trident and its successor. Like it or not, it is absolutely vital to Britains future security particularly in view of the populace desiring less to do with an integrated Europe and its wimpish security policy. The crowning issue is the total lack of an alternative UK base especially for the suitable storage of nuclear weapons.

Really it is all just about a gravy train for the pro campaigners.

Still boiling!

Pocaloca Apr 23rd 2013 4:15 am

Re: Scottish currency ?
 
Sorry if I'm being dim but what exactly is people's objection to them keeping the pound?

The Irish pound (punt) was pegged to sterling after Ireland became independent, and lasted for years, until Ireland joined the European exchange rate mechanism.

Fredbargate Apr 23rd 2013 5:53 am

Re: Scottish currency ?
 

Originally Posted by Pocaloca (Post 10674446)
Sorry if I'm being dim but what exactly is people's objection to them keeping the pound?

If they keep the pound and it is pegged to the English pound then you will end up with the Germany/Greece/Portugal/Spain imbalance problem.

Fredbargate Apr 23rd 2013 5:54 am

Re: Scottish currency ?
 
Whilst I'm at it the only good thing to come out of Scotland is the road to England

Domino Apr 23rd 2013 6:46 am

Re: Scottish currency ?
 

Originally Posted by Fredbargate (Post 10674611)
If they keep the pound and it is pegged to the English pound then you will end up with the Germany/Greece/Portugal/Spain imbalance problem.

who says WE want them to retain the £ ??
once again the fluffy bunnies are ruling the warren :frown:

if they want independence then let them have it - sink or swim but I don't see why we should be providing all the life guards for them.

it was said months ago that they cannot just swing into the €urozone as if they were coming round for a cup of tea.
they have been printing their own currency for centuries, so just let them get on with it.

:ohmy:

teuchterpete Apr 23rd 2013 6:51 am

Re: Scottish currency ?
 
Now, now, Fred. According to Alex Salmond, if Scotland became Independent and was forced to adopt another currency, then without Scotland's oil revenues the "English" borrowing requirement would double overnight. Don't know if he is right, but Cameron avoided making a reply.

Dick Dasterdly Apr 23rd 2013 7:15 am

Re: Scottish currency ?
 

Originally Posted by Pocaloca (Post 10674446)
Sorry if I'm being dim but what exactly is people's objection to them keeping the pound?

Non at all if they don't mind us retaining all of the oil and gas rights.

As Am. said, they always expect to have their cake and eat it.

Dick Dasterdly Apr 23rd 2013 7:19 am

Re: Scottish currency ?
 

Originally Posted by teuchterpete (Post 10674718)
Now, now, Fred. According to Alex Salmond, if Scotland became Independent and was forced to adopt another currency, then without Scotland's oil revenues the "English" borrowing requirement would double overnight. Don't know if he is right, but Cameron avoided making a reply.

Don't think so.
Much of the oil and gas reserves now lie within the English sector since the maritime border was craftily moved North a few years ago.
In addition I think Cameron is wise enough to keep a few cards close to his chest rather than get involved in a slanging match with Salmond.

agoreira Apr 23rd 2013 7:49 am

Re: Scottish currency ?
 

Originally Posted by Fredbargate (Post 10674611)
If they keep the pound and it is pegged to the English pound then you will end up with the Germany/Greece/Portugal/Spain imbalance problem.

Spot on, as George said, 'And I think it’s unlikely that the rest of the United Kingdom would agree to or we could make work a euro-style currency zone with Scotland."

teuchterpete Apr 23rd 2013 8:43 am

Re: Scottish currency ?
 
its all hypothetical anyway as the vote is unlikely to go in the way of independence. Most Scots that I talk to, are saying that they will only vote yes If they will definitely be financially better off, and that would not appear to be the case. I can't see how the nats could keep up their policy of free bus travel for the over 60's and no tuition fees for students, and no prescription charges for medicines. It is just one big bribe which is costing a lot of money. The way things are going there won't be any money left in Scotland so it won't matter anyway!

jimenato Apr 23rd 2013 8:35 pm

Re: Scottish currency ?
 

Originally Posted by teuchterpete (Post 10674902)
its all hypothetical anyway as the vote is unlikely to go in the way of independence.

...


There have been several polls taken over the last few years which show that the only way Scotland is going to get independence is if they widen the poll to include the whole of the UK.

Of course that might just be English people being mischievous ... or maybe not ...

Beaverstate Apr 23rd 2013 8:36 pm

Re: Scottish currency ?
 

Originally Posted by jimenato (Post 10675491)
There have been several polls taken over the last few years which show that the only way Scotland is going to get independence is if they widen the poll to include the whole of the UK.

Of course that might just be English people being mischievous ... or maybe not ...

It's like Puerto Rico here.

Pocaloca Apr 23rd 2013 9:34 pm

Re: Scottish currency ?
 

Originally Posted by Dick Dasterdly (Post 10674760)
Non at all if they don't mind us retaining all of the oil and gas rights.

As Am. said, they always expect to have their cake and eat it.

But England has been eating their cake for centuries!

amideislas Apr 23rd 2013 11:26 pm

Re: Scottish currency ?
 

Originally Posted by Dick Dasterdly (Post 10674760)
Non at all if they don't mind us retaining all of the oil and gas rights.

As Am. said, they always expect to have their cake and eat it.

Thanks for the reference ... but I was referring to everyone, not only the Scots!

Dick Dasterdly Apr 23rd 2013 11:32 pm

Re: Scottish currency ?
 

Originally Posted by Pocaloca (Post 10675557)
But England has been eating their cake for centuries!

Yes, but that's only right though, innit ? :thumbsup:

Problem is that the cake is fast running out so we could all be on a bowl of rice a day each within the next half century. :(

Domino Apr 24th 2013 3:25 am

Re: Scottish currency ?
 

Originally Posted by Dick Dasterdly (Post 10675737)
Yes, but that's only right though, innit ? :thumbsup:

Problem is that the cake is fast running out so we could all be on a bowl of rice a day each within the next half century. :(

plugged in through a jack in the back of the neck to internet television, selecting programmes by blinking
with state enforced euthanesia on the day you finish work because the country cannot afford to pay pensions

:eek:

must stop reading sci-fi
;)


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