Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Scotland can have a second referendum, but it must decide on a currency first
Tax Research UK ^

Posted on 06/25/2016 9:20:37 AM PDT by ameribbean expat

I believe that the currency issue did more than anything to deliver the late swing to No in the last referendum. The question of the choice between the pound, euro or a currency of Scotland’s own was never clarified, and that was fatal to the cause of independence in 2014. Unless the issue is resolved before another referendum I strongly suspect that this issue might again be fatal to the cause of Scottish independence.

There are only four options. They are the pound, the euro, the US dollar or Scotland’s own currency.

(Excerpt) Read more at taxresearch.org.uk ...


TOPICS: Business/Economy; Government
KEYWORDS: 2016election; election2016; europeanunion; germany; nato; newyork; scotland; scotlandyet; trump; unitedkingdom; waronterror
Navigation: use the links below to view more comments.
first 1-2021-4041-51 next last

1 posted on 06/25/2016 9:20:37 AM PDT by ameribbean expat
[ Post Reply | Private Reply | View Replies]

To: ameribbean expat

Trump coin?


2 posted on 06/25/2016 9:22:01 AM PDT by A CA Guy (God Bless America, God Bless and keep safe our fighting men and women.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ameribbean expat

Time for Culloden 2.0?


3 posted on 06/25/2016 9:23:15 AM PDT by Don Corleone (Oil the gun, eat the cannolis, take it to the mattress.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ameribbean expat

Then might have a yen for Japan’s currency...


4 posted on 06/25/2016 9:26:41 AM PDT by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ameribbean expat

They should issue a Scottish pound, a la Isle of Man, pegged to the British pound.


5 posted on 06/25/2016 9:26:43 AM PDT by dinodino
[ Post Reply | Private Reply | To 1 | View Replies]

To: ameribbean expat

The Scottish Penny


6 posted on 06/25/2016 9:29:17 AM PDT by ichabod1 (Make America Normal Again)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ameribbean expat

And make them pay for rebuilding Hadrian’s wall.


7 posted on 06/25/2016 9:29:29 AM PDT by MUDDOG
[ Post Reply | Private Reply | To 1 | View Replies]

To: ameribbean expat

I honestly don’t see the point to dividing an island. Or much point to repeated referendums. Election mulligans just seem to be a really horrible idea. Revisit this next generation.


8 posted on 06/25/2016 9:29:39 AM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: chajin

To be franc, I don’t think they would want to peso little for won pound.


9 posted on 06/25/2016 9:29:53 AM PDT by Larry Lucido
[ Post Reply | Private Reply | To 4 | View Replies]

To: dinodino
And you think the EU will allow an independent Scotland to get an exemption from the euro?

If your answer is yes, I just happen to have bridge across the Seine for an exceptional low price available just for You. :-)

10 posted on 06/25/2016 9:31:09 AM PDT by ScaniaBoy (Part of the Right Wing Research & Attack Machine)
[ Post Reply | Private Reply | To 5 | View Replies]

To: ameribbean expat

A Country that does not control its own currency can not print more money when it needs to.

A nice benefit to have.


11 posted on 06/25/2016 9:32:03 AM PDT by TomasUSMC (FIGHT LIKE WW2, WIN LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: kingu

So Northern Ireland should become part of the Republic of Ireland, yes?


12 posted on 06/25/2016 9:32:47 AM PDT by babble-on
[ Post Reply | Private Reply | To 8 | View Replies]

To: ScaniaBoy

There’s a lot of countries in the EU that are not using the Euro. The UK obviously was one of them. There’s also Denmark and Sweden, and a bunch of other littler ones.


13 posted on 06/25/2016 9:34:00 AM PDT by babble-on
[ Post Reply | Private Reply | To 10 | View Replies]

To: kingu

England is showing strength and backbone...I think the Scots respect that, and won’t be so prone to breaking from England....but when they see a weak England....they don’t want none of that.


14 posted on 06/25/2016 9:34:26 AM PDT by TomasUSMC (FIGHT LIKE WW2, WIN LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: ameribbean expat

It sounds to me like the best currency for Scotland would be Food Stamps and EBT cards.


15 posted on 06/25/2016 9:36:09 AM PDT by Revel
[ Post Reply | Private Reply | To 1 | View Replies]

To: ameribbean expat

If they call for another referendum then Britain should also hold a referendum that says whether or not they want to toss Scotland out. If either side wants them gone they should be out. In order to stay both must agree for them to stay. I will bet you they will backtrack that referendum right away under those conditions.


16 posted on 06/25/2016 9:37:37 AM PDT by BRL
[ Post Reply | Private Reply | To 1 | View Replies]

To: ScaniaBoy

After the Greek fraud of entry into the EU....there’s going to be an accounting where the books are checked out and you need to have some gold somewhere or some currency of value. Scotland has marginally the Pound, but it would be questionable how they’d fit this into the scheme of things.

The strange about this new attempt of the Scots....is that they might get independence....jump quickly to Brussels to apply for entry, and then discover that it take two to four years for the application to be approved, and find that five or six EU members are questioning their financial worthiness. So, they might actually fail to enter the EU. This would be major embarrassment for the EU and Scotland. At that point, they’d become like the Honduras of Europe....with no one interested in planting investment money or bringing a business into the country.


17 posted on 06/25/2016 9:41:47 AM PDT by pepsionice
[ Post Reply | Private Reply | To 10 | View Replies]

To: Larry Lucido
To be franc, I don’t think they would want to peso little for won pound.

They could join up with Iran and have halal haggis for dinar...

18 posted on 06/25/2016 9:51:17 AM PDT by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Larry Lucido

Mark my words, you’ll ruble the day you created such drachma!..


19 posted on 06/25/2016 9:51:58 AM PDT by Red Badger (Make America AMERICA again!.........................)
[ Post Reply | Private Reply | To 9 | View Replies]

To: ameribbean expat
"There are only four options."

Four is many more than many people face at many times under many circumstances.

How different that sounds than saying

"There are four options."

 photo referendum_zps2zoekqak.png

20 posted on 06/25/2016 9:52:11 AM PDT by Attention Surplus Disorder (I apologize for not apologizing.)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-51 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson