Straight away.This quote is hidden because you are ignoring this member. Show Quote
We own a part of the Bank of England. We own Sterling.
Should we let the rUK use Sterling? And if not why?
J
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16-06-2019 07:56 PM #721
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16-06-2019 07:57 PM #722This quote is hidden because you are ignoring this member. Show Quote
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16-06-2019 08:14 PM #724
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If so then I am sorry I can't take you seriously.
What you are saying is at odds with the SNP policy agreed at their conference.Last edited by James310; 16-06-2019 at 08:17 PM.
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16-06-2019 08:35 PM #725This quote is hidden because you are ignoring this member. Show Quote
Edit, I see you've mentioned the 6 tests, that's the SNP criteria currently, if its a Labour or Tory led government they may have a different view.Last edited by Just Alf; 16-06-2019 at 08:45 PM.
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16-06-2019 08:50 PM #726
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It's a very unique situation in Scotland. I am not aware of other countries that would be a similar example to what is being proposed in Scotland, apart from Panama.
https://www.scotsman.com/news/politi...nama-1-4745894
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16-06-2019 09:10 PM #727This quote is hidden because you are ignoring this member. Show Quote
Scotland has financial services, etc in place, Slovakia had to start from scratch, suggesting that it will be so much easier.
And change your mortgage to a Scottish provider, I've explained that to you already.There is no such thing as too much yarn, just not enough time.
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16-06-2019 09:26 PM #728
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They're just not like is at all. 😂😂😂
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16-06-2019 09:33 PM #729This quote is hidden because you are ignoring this member. Show Quote
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16-06-2019 09:35 PM #730This quote is hidden because you are ignoring this member. Show Quote
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16-06-2019 09:35 PM #731This quote is hidden because you are ignoring this member. Show Quote
For a Prime Minister at a difficult time for our country that would undoubtedly be a good thing.
Sadly the Tories will be looking for a ******* to represent their *******-like interests, so he won't get very far.
He is an infinitely better candidate than Boris and Gove.
I'm actually surprised at how acceptable the rest of them are managing to make Hunt look.
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16-06-2019 09:57 PM #732This quote is hidden because you are ignoring this member. Show Quote
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16-06-2019 10:12 PM #733
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I am sorry people don't like the facts.
One comment was we have the final services in place, not sure if that was meant as financial institutions required to join the EU. Do we have our own central bank which is required to join the EU? No we don't. Will we be in charge of our own monetary and fiscal policy while we have Sterling? No we won't.
There are plans to establish a Central Bank, we certainly need one with our own currency. We get our own currency when we meet the 6 tests, so again I challenge anyone to explain the 6 tests, when they will be achieved and how they will be achieved. Anyone? You all seem so confident so give it a go.
Anyone else think the tests will be met immediately like another poster seems to believe?
If it's all so simple, should be easy for you all.Last edited by James310; 16-06-2019 at 10:25 PM.
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16-06-2019 10:16 PM #734
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Do you want to take a stab at telling us how long we will be sterlingised, and then how long the 6 tests will take? Go on, give it a go.
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16-06-2019 10:28 PM #735This quote is hidden because you are ignoring this member. Show Quote
Whether it is in Scotland’s best interests to become independent is the actual debate, and where people can be persuaded one way or the other. There have been numerous examples over the months giving examples of countries who have become independent and others who have joined the EU as a newly independent nation. Whether that is a better position to be in than to remain in the UK is the debate to be had, but your attempts to paint Scotland becoming independent as some unprecedented feat too complex and difficult to fathom so it’s best just not to bother is tiresome and disingenuous IMO.
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16-06-2019 11:27 PM #736
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The facts are while we are Sterlingised we will not have a central bank. So we will not be joining the EU while we have Sterling. So for however long we use Sterling we will not be joining the EU, that is clear.
So the further facts are that to get our own currency which requires a central bank we need to pass the following 6 tests. This is SNP policy.
1) Fiscal sustainability: Has the Scottish Government sustainably secured its fiscal policy objectives and sufficiently strong and credible fiscal position, in relation to budget deficit and overall debt level?
2) Central Bank credibility and stability of debt issuance: Has the Scottish Central Bank and Government framework established sufficient international and market credibility evidenced by the price and the stability of the price of its debt issuance?
3) Financial requirements of Scottish residents and businesses: Would a separate currency meet the on-going needs of Scottish residents and businesses for stability and continuity of their financial arrangements and command wide support?
4) Sufficiency of foreign exchange and financial reserves: Does Scotland have sufficient reserves to allow currency management?
5) Fit to trade and investment patterns: Would the new arrangement better reflect Scotland’s new and developing trading or investment patterns?
6) Correlation of economic and trade cycle: Is the economic cycle in Scotland significantly out of phase with that of the rest of the UK, or at least as well correlated with the cycles of other trading and investment partners, thus making an independent monetary policy feasible and desirable?
Now the question was how long will it take Scotland to join the EU, many on here seem to think it will be a few years and relatively easy.
On what basis is that assumption founded when you look at the facts? You can quote Slovakia or whatever but the facts are above, that is the path that the SNP have chosen. So let's stick to that path, not the path that other countries have taken as the circumstances are different.
So based on the facts above, my opinion is Scotland will be out the EU for a long time. Why? Because we will have Sterling for an undetermined period of time, and the 6 tests are almost impossible to meet over the short to medium term. We are talking long term here, not within a few years.
Now I have taken the time to fully explain my reasons, does anyone want to tell me in the same details why it's wrong? Or does it all happen behind the scenes and computers and stuff will sort it out.Last edited by James310; 16-06-2019 at 11:33 PM.
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16-06-2019 11:44 PM #737This quote is hidden because you are ignoring this member. Show Quote
You want to create this false narrative that no one else is even suggesting.
I guess trying to create resentment by using the language you do makes up for a vacuum of any rational arguments to make your case.
”..The teat of Westminster”, really? That’s just silly.
Also not sure whether to question what ‘our best interest’ means when I actually live in Scotland and you don’t. What claim have you to use the word “Our”?
Especially when a clear majority rejected the referendum result you wanted, admittedly much to your chagrin and wrath in the aftermath.There's only one thing better than a Hibs calendar and that's two Hibs calendars
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17-06-2019 12:13 AM #738This quote is hidden because you are ignoring this member. Show Quote
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17-06-2019 12:18 AM #739This quote is hidden because you are ignoring this member. Show Quote
There's only one thing better than a Hibs calendar and that's two Hibs calendars
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17-06-2019 12:22 AM #740This quote is hidden because you are ignoring this member. Show Quote
I'd be interested to know which narratives you believe people do follow.
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17-06-2019 12:37 AM #741This quote is hidden because you are ignoring this member. Show Quote
You asked what ‘true narrative’ I was presenting as ‘clearly’ I had one. I suggested no such thing.
In this context, narratives are social constructions. I have challenged the validity of the one that was put forward in the post I quoted and have done similarly in the past.
I challenged it because the portrayal of ‘Scottish’ people as too downtrodden or scared or powerless is often used by those advocating nationalism, as an example of what they term ‘Scottish cringe’.
Unfortunately, it is advocates of nationalism alone who tend to use this argument, which suggests that it is actually a rather shabby device to stir up resentment. It fits very well with the separatist response to the referendum result, where No voters were either stupid, scared or senile though.
In answer to your last point, that’s why I queried your grasp of narratives. Narratives are fluid, dynamic and ultimately constructed by the interchange of language, ideas, discourse and in this day and age, everything from Twitter through to what books people read and what conversations they have with family, friends and colleagues through to what adverts they see and what they watch on YouTube, Netflix or Amazon Prime. Narratives are always contested and contestable but obviously some carry more weight at certain times and certain places than others do.There's only one thing better than a Hibs calendar and that's two Hibs calendars
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17-06-2019 12:46 AM #742This quote is hidden because you are ignoring this member. Show Quote
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17-06-2019 12:54 AM #743This quote is hidden because you are ignoring this member. Show Quote
If you go back and look at the posts I said ‘people like you’ and in the next sentence said ‘you’. It’s still a plural even if you chose to read it wrong.
And it’s not the narrative of 1.5 million.
It’s the narrative of a really disaffected minority who haven’t come to terms with the result and want to create a story of resentment and playing the Scottish electorate as stupid, weak or both.There's only one thing better than a Hibs calendar and that's two Hibs calendars
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17-06-2019 01:11 AM #744This quote is hidden because you are ignoring this member. Show Quote
I'm asking you what the true narrative is. You appear to be taking on the narrative of people "playing the Scottish electorate". Yet, you've provided nothing that gives your narrative anymore credibility than the narrative presented by Hibrandenburg.
You appear to be under the impression that your narrative is law and any narrative you don't agree with is false.
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17-06-2019 01:21 AM #745This quote is hidden because you are ignoring this member. Show Quote
They are not there to be ‘true’, that would be stupid, and I’m not suggesting there is a true narrative, by definition they are subjective and constructed.
What there are however is false or falsely constructed narratives, which are a particular trope of nationalists and should be challenged at every opportunity, on the basis that they seem to lack rationale.
Your last sentence is unworthy, I make no such claim, I’d like you to demonstrate my narrative and where I said it was law. In your own time.
Are you on this thread for respite from Hibbyradge on the other thread? You are struggling a bit on both, to be honest.There's only one thing better than a Hibs calendar and that's two Hibs calendars
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17-06-2019 06:03 AM #746This quote is hidden because you are ignoring this member. Show Quote
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17-06-2019 06:24 AM #747
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But let's stick to the path we have chosen, not some other country who chose a different path. So in your opinion how long will we be using Sterling for, and what is your opinion on the 6 tests, how long would test 6 for example take to achieve? Separation of our trading and economic cycle with the rest of the UK will surely take some time? All relevant to the question about Scotland joining the EU.
I imagine your response will be some emojis and an avoidance of the question, because when anyone asks a question that requires an answer of substance you go back to the emojis. Let's see.Last edited by James310; 17-06-2019 at 07:00 AM.
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17-06-2019 07:03 AM #748
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The Velvet divorce is one you should read up on. It will eventually take you to an actual country being set up, with a currency in a number of weeks.
The trouble is, you don't want to hear of these things which "actually occurred", it doesn't suit your narrative of, it's too hard.
At least you're on the correct thread today. Tories are lying *******s, traces of tory, with a hint of lib Dem.
I'm off to work now, so I'll leave you to your morning read of the daily heil, and torygraph.
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17-06-2019 07:18 AM #749
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Now can you answer the questions? No emojis allowed.Last edited by James310; 17-06-2019 at 07:24 AM.
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17-06-2019 07:40 AM #750This quote is hidden because you are ignoring this member. Show Quote
It’s terrifying just how many people in Scotland have bought into the “independence = SNP = bad” narrative in the British MSM.
Try actually thinking for a change.
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