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  1. #1711
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    Quote Originally Posted by Moulin Yarns View Post
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    https://blogs.lse.ac.uk/brexit/2021/03/31/scotlands-route-to-eu-membership/

    Black and White from the EU, 3 or 4 years 😁
    What you have actually done is link to a blog post from the LSE which references an article from said Kirsty Hughes, the one who says using the pound (the same pound Ian Blackford says we will use for years) is a blocker to joining the EU. As a reminder.

    "Other issues will come to the fore too: if an indy Scotland adopts the pound for several years & UK is out of the EU, that will mean Scotland doesn't meet EU accession criteria."

    The last bit is key "that will mean Scotland doesn't meet the EU accession criteria"

    So in fact nothing from the EU at all and you back up my point, thanks for that.


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  3. #1712
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    Quote Originally Posted by James310 View Post
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    Have you been studying Nigel Farage? He used to accuse the opponents of Brexit of being too negative when all they were doing was pointing out the facts and the truth.
    You seem obsessed with Brexit. I suppose when you voted for a party that supported it, it's expected.

    You're going round in circles again. 🙈

  4. #1713
    Quote Originally Posted by grunt View Post
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    Do you think that choosing a currency for a newly independent country is like buying a car? "I'll have that one, in yellow, with a diesel engine and alloy wheels". Same with timescales. Once we vote for independence there will be difficult discussions and negotiations to be had both with rUK and with the EU. Neither of these discussions can go very far at present because the rUK are denying that Scotland will ever be independent, and the EU can't openly have such discussions with us until we've made some progress with a referendum.

    So I expect there's a lot of thinking going on at SG, and there will ultimately be a white paper setting out some broad principles around both currency and timetable. As said above, where there's a will there's a way. We will get to these things, at the appropriate time.
    Who the #### would buy a yellow car?
    Have a word 😜

  5. #1714
    @hibs.net private member StevieC's Avatar
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    Quote Originally Posted by James310 View Post
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    They were clear, no special deal. This just backs up my point, if they won't do it for Ukraine why would they change the rules for Scotland?.
    Are you just arguing for arguments sake now??
    It WAS a special deal, they were fast tracked to candidate status by way of a vote that bypassed the usual lengthy application process for candidate status.
    How on earth does that “back up your point” that the EU don’t provide special treatment??
    They DID change the rules for Ukraine and Moldova, so why wouldn’t they fast track Scotland to candidate status in the same way?
    But you know it ain't all about wealth,
    as long as you make a note to .. EXPRESS YOURSELF!

  6. #1715
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    Can I just ask: in a modern world where the majority of transactions are done using cards and contactless payment methods: what’s the big deal with using the euro?

    I personally couldn’t give a ****, and I’d rather see us use the euro if it meant an easier transition to rejoining the EU.

    My parents live in Berwickshire and do their weekly shops in Berwick, but they are in the same boat. Now the borders has always been staunchly pro union, and it’s understandable particularly in the East where the biggest town locally is over the Border, but I wonder if the SNP came and said actually we would adopt the euro if it would ease the issue for lots of people.
    "...when Hibs won the Scottish Cup final and that celebration, Sunshine on Leith? I don’t think there’s a better football celebration ever in the game.”

    Sir Alex Ferguson

  7. #1716
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    Quote Originally Posted by Jones28 View Post
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    Can I just ask: in a modern world where the majority of transactions are done using cards and contactless payment methods: what’s the big deal with using the euro?

    I personally couldn’t give a ****, and I’d rather see us use the euro if it meant an easier transition to rejoining the EU.

    My parents live in Berwickshire and do their weekly shops in Berwick, but they are in the same boat. Now the borders has always been staunchly pro union, and it’s understandable particularly in the East where the biggest town locally is over the Border, but I wonder if the SNP came and said actually we would adopt the euro if it would ease the issue for lots of people.
    There is one reason and one reason only why the SNP won't endorse the Euro.

    https://www.heraldscotland.com/polit...et-adopt-euro/

    "Almost 40 per cent of Scots are less likely to back independence if separation plans appeared on course for the country adopting the euro currency, a new poll has revealed.

    The poll by Redford and Wilton Strategies of 1,000 Scottish adults found that 39 per cent would be less likely to support the country’s separation from the rest of the UK if it would then be required to replace the pound with the European currency."

  8. #1717
    @hibs.net private member Jack's Avatar
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    Quote Originally Posted by Jones28 View Post
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    Can I just ask: in a modern world where the majority of transactions are done using cards and contactless payment methods: what’s the big deal with using the euro?

    I personally couldn’t give a ****, and I’d rather see us use the euro if it meant an easier transition to rejoining the EU.

    My parents live in Berwickshire and do their weekly shops in Berwick, but they are in the same boat. Now the borders has always been staunchly pro union, and it’s understandable particularly in the East where the biggest town locally is over the Border, but I wonder if the SNP came and said actually we would adopt the euro if it would ease the issue for lots of people.
    I personally don't see any reason we shouldn't adopt the euro as soon as possible. The £ is tanking anyway so the sooner we're out of it the better.

    A solution could be to use both the £ and € during a transition period. Phase in the euro for a couple of years, phase out the £ over a couple of years. Sorted.

    A lot of the larger shopping chains already have the ability to take multiple currencies at the till and in many countries around the world even smaller shops can can do. It can't be too difficult.
    Space to let

  9. #1718
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    Quote Originally Posted by Jack View Post
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    I personally don't see any reason we shouldn't adopt the euro as soon as possible. The £ is tanking anyway so the sooner we're out of it the better.

    A solution could be to use both the £ and € during a transition period. Phase in the euro for a couple of years, phase out the £ over a couple of years. Sorted.

    A lot of the larger shopping chains already have the ability to take multiple currencies at the till and in many countries around the world even smaller shops can can do. It can't be too difficult.
    It's the euro that is absolutely tanking, its on par with the dollar for the first time ever. The pound is flying against the euro, its estimated it will soon be the highest its been against the euro in 8 years. Good for the summer holidays

  10. #1719
    @hibs.net private member Jones28's Avatar
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    Quote Originally Posted by James310 View Post
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    There is one reason and one reason only why the SNP won't endorse the Euro.

    https://www.heraldscotland.com/polit...et-adopt-euro/

    "Almost 40 per cent of Scots are less likely to back independence if separation plans appeared on course for the country adopting the euro currency, a new poll has revealed.

    The poll by Redford and Wilton Strategies of 1,000 Scottish adults found that 39 per cent would be less likely to support the country’s separation from the rest of the UK if it would then be required to replace the pound with the European currency."
    I’ve never seen that before, thanks.

    I personally wouldn’t care if we joined the Euro. Currency is such a chicken **** issue.
    "...when Hibs won the Scottish Cup final and that celebration, Sunshine on Leith? I don’t think there’s a better football celebration ever in the game.”

    Sir Alex Ferguson

  11. #1720
    Quote Originally Posted by Jack View Post
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    I personally don't see any reason we shouldn't adopt the euro as soon as possible. The £ is tanking anyway so the sooner we're out of it the better.

    A solution could be to use both the £ and € during a transition period. Phase in the euro for a couple of years, phase out the £ over a couple of years. Sorted.

    A lot of the larger shopping chains already have the ability to take multiple currencies at the till and in many countries around the world even smaller shops can can do. It can't be too difficult.
    Great idea, and as most transactions are online nowadays the currency issue isn’t really a big deal

  12. #1721
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    Quote Originally Posted by The Modfather View Post
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    Will the no side provide a similar roadmap to how we get out of the post Brexit managed decline we’re in? You only want to talk about the difficulties of independence, of which there are many, but avoid at all costs talking about the difficulties that come with a second no vote.
    Good question. It's a pity you never get an answer to a reasonable question.

  13. #1722
    @hibs.net private member Moulin Yarns's Avatar
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    Quote Originally Posted by ronaldo7 View Post
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    You seem obsessed with Brexit. I suppose when you voted for a party that supported it, it's expected.

    You're going round in circles again. 🙈
    Does anyone know the phrase emotional vampire?
    There is no such thing as too much yarn, just not enough time.

  14. #1723
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    Quote Originally Posted by Moulin Yarns View Post
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    Does anyone know the phrase emotional vampire?
    You used this line a few years ago when making little personal digs at me, why are you using it again?

    You send me random YouTube videos as well, you never explained what that was about as well.

    Why do you feel the need to do this all the time?

    I can start making silly schoolboy jokes about you if you like as well? Shall we do that?

  15. #1724
    @hibs.net private member Ozyhibby's Avatar
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    Quote Originally Posted by Stairway 2 7 View Post
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    It's the euro that is absolutely tanking, its on par with the dollar for the first time ever. The pound is flying against the euro, its estimated it will soon be the highest its been against the euro in 8 years. Good for the summer holidays
    Fresh from claiming Scotland has to import energy, your now claiming the pound is flying against the Euro?


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  16. #1725
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    Quote Originally Posted by Jones28 View Post
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    I’ve never seen that before, thanks.

    I personally wouldn’t care if we joined the Euro. Currency is such a chicken **** issue.
    Currency is a lot more than what money you spend in the shops. Having your own currency and Central Bank gives you significant control over the economy and allows you the ability to do things like quantative easing and increase/decreasing interest rates as required.

    Adoption of the Euro is not a vote winner now hence why you won't see anyone from the SNP endorse it, but if Scotland were to become Independent then I think it would adopt the Euro as the main barrier of Independence has already been achieved.

  17. #1726
    @hibs.net private member Ozyhibby's Avatar
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    Quote Originally Posted by James310 View Post
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    Currency is a lot more than what money you spend in the shops. Having your own currency and Central Bank gives you significant control over the economy and allows you the ability to do things like quantative easing and increase/decreasing interest rates as required.

    Adoption of the Euro is not a vote winner now hence why you won't see anyone from the SNP endorse it, but if Scotland were to become Independent then I think it would adopt the Euro as the main barrier of Independence has already been achieved.
    I think when the Currency paper is released it will show that the plan is to have a Scottish pound backed by a Scottish central bank which intends to peg the Scottish pound to sterling for an extended transition period.
    This allows time for all contracts within Scotland to transfer to the Scottish pound seamlessly. Eventually it will be allowed to float. As the only net exporter in the UK the problem will be in keeping it from strengthening too much compared to the pound.
    I don’t think there will be any rush to join the euro. There will need to be a prolonged settling in period for the new currency first and it may be that we never intend to join. That will be for a referendum.
    Personally wouldn’t mind but it’s no problem if we don’t.


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  18. #1727
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    Quote Originally Posted by Stairway 2 7 View Post
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    It's the euro that is absolutely tanking, its on par with the dollar for the first time ever. The pound is flying against the euro, its estimated it will soon be the highest its been against the euro in 8 years. Good for the summer holidays
    It depends on which direction your flying in. If you go back 40 years, you'll find that the euro used to sit at 1.81 to the pound, its now 1.19. A few months on the upward trajectory isn't really, flying.

    The dollar against the euro in the same timescale has remained stable as 1982 levels

    Small uplifts for summer holidays are great for families, but we've seen a managed decline of the pound to euro over the years.

  19. #1728
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    Quote Originally Posted by Ozyhibby View Post
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    Fresh from claiming Scotland has to import energy, your now claiming the pound is flying against the Euro?


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    It's massively a net exporter but it imports alot of gas its stupid to say it doesn't. The pound has went from 1.16 to 1.19 in a month, the highest in 6 years will be broken soon. Its no where near 20 years ago. I was replying to someone who is saying the pound was tanking to the euro, its clearly the opposite.

    Gas worries are going to pummel the euro this year. The dollar was worth 0.8 euro 12 months ago its now worth 1. Money markets don't work on what happened 20 year ago, just the years ahead and the euro is tanking

  20. #1729
    @hibs.net private member Ozyhibby's Avatar
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    Quote Originally Posted by Stairway 2 7 View Post
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    It's massively a net exporter but it imports alot of gas its stupid to say it doesn't. The pound has went from 1.16 to 1.19 in a month, the highest in 6 years will be broken soon. Its no where near 20 years ago. I was replying to someone who is saying the pound was tanking to the euro, its clearly the opposite.

    Gas worries are going to pummel the euro this year. The dollar was worth 0.8 euro 12 months ago its now worth 1. Money markets don't work on what happened 20 year ago, just the years ahead and the euro is tanking
    But not against the pound it’s not.


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  21. #1730
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    Quote Originally Posted by Ozyhibby View Post
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    But not against the pound it’s not.


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    .89 to .84 in just over a month is a big difference to many companies, but more worrying is the next 12 months. The euro is expected to go into recession soon and the euro will be effected by that. The war and Russian gas problems are going to effect them massively

  22. #1731
    @hibs.net private member Ozyhibby's Avatar
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    Quote Originally Posted by Stairway 2 7 View Post
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    .89 to .84 in just over a month is a big difference to many companies, but more worrying is the next 12 months. The euro is expected to go into recession soon and the euro will be effected by that. The war and Russian gas problems are going to effect them massively
    While the predictions for the UK economy are downright rosey.


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  23. #1732
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    Quote Originally Posted by Ozyhibby View Post
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    While the predictions for the UK economy are downright rosey.


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    I'm just saying what the market is predicting for the euro and that is further drops. I was replying to someone who said that the pound is tanking against the Euro it isn't its rising

  24. #1733
    @hibs.net private member Jones28's Avatar
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    Quote Originally Posted by James310 View Post
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    Currency is a lot more than what money you spend in the shops. Having your own currency and Central Bank gives you significant control over the economy and allows you the ability to do things like quantative easing and increase/decreasing interest rates as required.

    Adoption of the Euro is not a vote winner now hence why you won't see anyone from the SNP endorse it, but if Scotland were to become Independent then I think it would adopt the Euro as the main barrier of Independence has already been achieved.
    I think on your second point if they were to do that they effectively guarantee their post referendum fade in to obscurity. It’s what I think will happen but if they were to betray their currency pledge they would rubber stamp it.
    "...when Hibs won the Scottish Cup final and that celebration, Sunshine on Leith? I don’t think there’s a better football celebration ever in the game.”

    Sir Alex Ferguson

  25. #1734
    @hibs.net private member Jack's Avatar
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    Quote Originally Posted by Stairway 2 7 View Post
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    I'm just saying what the market is predicting for the euro and that is further drops. I was replying to someone who said that the pound is tanking against the Euro it isn't its rising
    I just said the £ was tanking, I didn't specify which currency.

    FT last month:
    Last week’s interest rate rise by the Bank of England has provided some temporary respite to sterling. But the pound is still 10 per cent weaker against the US dollar compared with its January peak, and 3 per cent weaker against the euro.

    Guardian in May:
    Ominously, though, in recent weeks the pound has been weak not just against the US dollar but against the euro and other currencies such as the Australian dollar.

    And, as we are likely to be in recession deeper and longer than other comparator countries its not looking good for the future.
    Space to let

  26. #1735
    Ultimate Slaver Keith_M's Avatar
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    Quote Originally Posted by Ozyhibby View Post
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    Think they are back to arguing that they won’t let us in.


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    He/She does go round in circles a bit.

  27. #1736
    @hibs.net private member Jack's Avatar
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    Quote Originally Posted by Keith_M View Post
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    He/She does go round in circles a bit.
    I'm just surprised they find the time to keep all these plates spinning 😉
    Space to let

  28. #1737
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    Quote Originally Posted by stoneyburn hibs View Post
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    Who the #### would buy a yellow car?
    Have a word 😜



  29. #1738
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    Quote Originally Posted by Jack View Post
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    I just said the £ was tanking, I didn't specify which currency.

    FT last month:
    Last week’s interest rate rise by the Bank of England has provided some temporary respite to sterling. But the pound is still 10 per cent weaker against the US dollar compared with its January peak, and 3 per cent weaker against the euro.

    Guardian in May:
    Ominously, though, in recent weeks the pound has been weak not just against the US dollar but against the euro and other currencies such as the Australian dollar.

    And, as we are likely to be in recession deeper and longer than other comparator countries its not looking good for the future.
    The conversation was about us changing to the euro and you gave the week pound as demonstration. Its rising fast in the last month against the euro and is expected to for the next year.

    If anyone thinks that euro will do better than the pound then what you should do is convert all your available pounds to euros, you'll make a mint when you convert back.

    We also aren't expected to go into derp recession, Germany and euro zone are though. Germany should bounce higher though
    Last edited by Stairway 2 7; 30-07-2022 at 01:50 PM.

  30. #1739
    Ultimate Slaver Keith_M's Avatar
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    It's amazing how many times over the years I've read that Germany is in in financial trouble, or likely to into a deep recession, but I've yet to see it happen.

    There have been a number of fluctuations in the German economy over the last couple of decades but it invariably comes back stronger than ever.

    I honestly don't think most people realise how resilient the German economy is compared to countries like the UK, mainly due to it being much more diverse.

  31. #1740
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    Quote Originally Posted by Keith_M View Post
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    It's amazing how many times over the years I've read that Germany is in in financial trouble, or likely to into a deep recession, but I've yet to see it happen.

    There have been a number of fluctuations in the German economy over the last couple of decades but it invariably comes back stronger than ever.

    I honestly don't think most people realise how resilient the German economy is compared to countries like the UK, mainly due to it being much more diverse.
    Everything is dependent on what Russia does really they were crazy to bank on it after crimea

    Germant like the rest of us was just in a deep recession. In future its seen as a given they will have a recession coming up but they should come out of it better than the uk.

    Uk might get a depression but the central estimate it small growth the next few years, although that's worse than all the rest of g7 countries
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