Godric wrote:
then Scotland will start debt free
Absolute bollocks but you obviously believe all the yeSNP propaganda.
Is the oil a UK asset or just belong to Scotland
Godric wrote:
then Scotland will start debt free
This might helpsimply_the_best wrote:Godric wrote:
then Scotland will start debt free
Absolute bollocks but you obviously believe all the yeSNP propaganda.
Is the oil a UK asset or just belong to Scotland
not propaganda it is fact the UK debt is owned by the UK treasury and they have guaranteed the debt backed by the bank of England ... no currency union no debtsimply_the_best wrote:Godric wrote:
then Scotland will start debt free
Absolute bollocks but you obviously believe all the yeSNP propaganda.
Is the oil a UK asset or just belong to Scotland
http://www.telegraph.co.uk/news/uknews/ ... union.html" onclick="window.open(this.href);return false;“All the debt belongs legally to the Treasury, as they confirmed just last month – we can’t default on debt that’s not legally ours. However, we’ve always said we think Scotland should meet a fair share of the costs of that debt – but assets and liabilities go hand in hand.”
Godric wrote:“All the debt belongs legally to the Treasury, as they confirmed just last month – we can’t default on debt that’s not legally ours. However, we’ve always said we think Scotland should meet a fair share of the costs of that debt – but assets and liabilities go hand in hand.”
Except an independent Scotland couldn't be seen to be reneging on debts owing. It would drastically affect the country's "credit rating" and ability to borrow internationally in future, especially from the very organisation (the Bank of England) most likely to be asked to lend or guarantee future loans.Godric wrote:simply_the_best wrote:Godric wrote:
not propaganda it is fact the UK debt is owned by the UK treasury and they have guaranteed the debt backed by the bank of England ... no currency union no debt
we won't be reneging on debt as it is owned by the UK Treasury they even said as much it is in black and white it's all because the arse has fallen out the No camp's campaignTman wrote:Except an independent Scotland couldn't be seen to be reneging on debts owing. It would drastically affect the country's "credit rating" and ability to borrow internationally in future, especially from the very organisation (the Bank of England) most likely to be asked to lend or guarantee future loans.Godric wrote:simply_the_best wrote:Godric wrote:
not propaganda it is fact the UK debt is owned by the UK treasury and they have guaranteed the debt backed by the bank of England ... no currency union no debt
More McSmug bollix.
Tman wrote:Have you been taking lessons from Salmond in the art of "making it up as you go along"?
It would appear so. The UK aren't blocking anything or in danger of losing any G8 or UN membership.
Exactly. Scottish independence was never a logical or practical proposition and its proponents are delusional and in denial about its consequences. That does not however mean it cannot happen ( separation already is and has its own momentum) . If it does then there are problems without solutions and a long list of issues to fight with the rest of the uk about. The currency proclamation is no bluff and it may galvanise support for separation although it may also show an example of the uncomfortable reality of separation.simply_the_best wrote:[
They guaranteed the debt to ease market fears, not let Scotland off, Currency isn't an asset you know, we vote to become a foreign country but tell the remaining population of the UK, 55 million people, that they have no choice but to enter an unwanted currency union cause the SNP demand it.
Voting NO will guarantee all the things the SNP desire, Pound, EU membership, NATO membership, Armed forces and use of UK foreign embassies, i could go on
" Barroso quoted the case of Spain not wanting to recognise Kosovo as an independent state, because of the separatist Basques & Catalonians. "Tman wrote:Barrosso and Carney have no axes to grind and have both outlined very real difficulties facing Scotland post-independence. That's not using "fear" but pointing out potential problems, and to imply that that could make the "unaligned voters" vote Yes casts a slur on Scottish intelligence.
The Scots would be right to disbelieve most, if not all of Cameron's utterances, but from impartial sources? They're not that daft..
http://www.bbc.co.uk/news/uk-scotland-s ... s-20757450" onclick="window.open(this.href);return false;Tman wrote:Barrosso and Carney have no axes to grind and have both outlined very real difficulties facing Scotland post-independence. That's not using "fear" but pointing out potential problems, and to imply that that could make the "unaligned voters" vote Yes casts a slur on Scottish intelligence.
The Scots would be right to disbelieve most, if not all of Cameron's utterances, but from impartial sources? They're not that daft..
Scottish independence: Sir David Edward says Jose Manuel Barroso 'wrong' on EU
A senior legal expert has challenged the opinion of the European Commission president over the status of an independent Scotland in the EU.
Jose Manuel Barroso said last week any new state would be outside EU treaties and would have to reapply to join.
But Professor Sir David Edward, a former European Court judge, believes that Scotland and the rest of the UK would be in a comparable position.
There would be no need for a new accession treaty, he argued.
Instead, negotiations prior to independence would result in amended EU treaties.