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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
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To: Larry Lucido

Are you for rial? Shekel you facts again.

CC


21 posted on 06/25/2016 9:54:41 AM PDT by Celtic Conservative (CC: purveyor of cryptic, snarky posts since December, 2000..)
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To: ameribbean expat
Scotland is overwhelmingly socialist and Labour oriented. They are the reason Labour is even in the hunting. They would be both better off to go their separate ways.
22 posted on 06/25/2016 9:55:12 AM PDT by amnestynone (We are asked by people who do not tolerate us to tolerate the intolerable in the name of tolerance.)
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To: ScaniaBoy

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


Or the EU refugee quota? Scotexit is not happening. No way they are trading London for Berlin.


23 posted on 06/25/2016 9:55:36 AM PDT by lodi90 (Clear choice for Conservatives now: TRUMP or lose)
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To: ameribbean expat
Willie the groundskeeper photo: Groundskeeper Willie with his Mum and Dad kiltGroundskeeperWilliewithMomandDad.jpg
24 posted on 06/25/2016 9:58:03 AM PDT by tumblindice (America's founding fathers: all armed conservatives.)
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To: Attention Surplus Disorder

I vote the Chaotic Neutral option... LOL ...jk


25 posted on 06/25/2016 10:00:09 AM PDT by BigEdLB (Take it Easy, Chuck. I'm Not Taking it Back -- Donald Trump)
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To: ameribbean expat
Idiotic for the Scots to have another referendum.

They chose to stay with Britain and aren't going to choose the EU over them.

26 posted on 06/25/2016 10:01:54 AM PDT by fortheDeclaration (Pr 14:34 Righteousness exalteth a nation:but sin is a reproach to any people)
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To: ameribbean expat

27 posted on 06/25/2016 10:02:31 AM PDT by Donglalinger
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To: ameribbean expat

How the socialistdollar?


28 posted on 06/25/2016 10:03:20 AM PDT by hal ogen (First Amendment or Reeducation Camp?.)
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To: chajin

Rumble for a ruble.............


29 posted on 06/25/2016 10:06:24 AM PDT by Polyxene (Out of the depths I have cried to Thee, O Lord; Lord, hear my voice.)
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To: A CA Guy

“Trump coin?”

Not a bad idea! A Trump coin I mean. I hope Trump sees this as a good fund raising tool. I would pay a premium for a set of coins, one in either gold or silver with a “Trump for President 2016” and a second coin with “Clinton for Supermax 2016”.


30 posted on 06/25/2016 10:07:06 AM PDT by TonyM
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To: TonyM

The Clinton coin would be made of lead.


31 posted on 06/25/2016 10:08:03 AM PDT by TonyM
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To: TomasUSMC

Nor can it stop those who DO control their currency from printing money at will.


32 posted on 06/25/2016 10:22:51 AM PDT by pepsi_junkie (ui)
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To: dinodino

The Zloty! Just cuz it sounds funny!


33 posted on 06/25/2016 10:28:39 AM PDT by Dr. Bogus Pachysandra (Don't touch that thing Don't let anybody touch that thing!I'm a Doctor and I won't touch that thing!)
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To: Don Corleone

Imagine Scotland demanding its independence from the UK to become dependent on the EU.


34 posted on 06/25/2016 10:32:04 AM PDT by tbw2
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To: ameribbean expat

“Scotland can have a second referendum, but it must decide on a currency first”

The Chav ?

Eh, wot?


35 posted on 06/25/2016 10:41:04 AM PDT by PLMerite (Compromise is Surrender: The Revolution...will not be kind.)
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To: ameribbean expat

The Haggis


36 posted on 06/25/2016 10:42:59 AM PDT by NonValueAdded (JFK Wanted To Send Man To Moon - Obama Wants To Send Man To Ladies Room)
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To: ScaniaBoy

In order to become part of the Eurozone (those nations in the EU that use the euro), you must go through a series of processes before you are allowed full involvement and participation.

(For example, a member must spend 2 years in the ERM2 process.)

Some countries still use the euro, and Scotland could do so immediately upon independence, but they are not part of the Eurozone. Both the U.K. and Denmark are exempt from moving toward the euro based on the treaties that brought them into the EU.


37 posted on 06/25/2016 10:43:58 AM PDT by Anitius Severinus Boethius (www.wilsonharpbooks.com - Sign up for my new release e-mail and get my first novel for free)
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To: babble-on
So Northern Ireland should become part of the Republic of Ireland, yes?

Sounds like a very simple question. My answer is no, Northern Ireland should not become part of the Republic of Ireland.

I do not believe that Northern Ireland would surrender self rule to sit at the kid's table under Brussels (well, more accurately Berlin) and Dublin.

If the goal was reunification, I think the only way to start that would be to withdraw the Republic of Ireland from the EU, Northern Ireland withdraws from the UK, and both the governments of Belfast and Dublin are cast aside for a new assembly. As it would take generations to restore Ulster into a singular political entity again, you're almost required to make a confederation of states based upon counties, fully understanding that the block of 6 will vote as one to start with.

Would the people of Dublin surrender their privileged position to accept, say, the representative from Kilkenny to have an equal voice? Difficult to predict with such fragmented politics, but if they could manage, then reunification might just work.

So could they? I do not believe it is possible for reunification without a complete re-work of every level of government and vast ceding of power by both Belfast and Dublin, as well as a rejection of the EU and the UK.

38 posted on 06/25/2016 10:43:59 AM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
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To: ScaniaBoy

Absolutely correct. The premise is laughable. Britain was given an exemption from the Euro because its economy is one of the largest in the world. The only reason Scotland would even be floated the idea of its own currency (or currency preference) would be to entice them embarrass the rest of the UK with a Leave (UK) vote. The offer could never be serious without every debtor country in Europe demanding the same.


39 posted on 06/25/2016 10:47:16 AM PDT by FredZarguna (And what Rough Beast, its hour come round at last, slouches toward Fifth Avenue to be born?)
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To: tbw2
Imagine Scotland demanding its independence from the UK to become dependent on the EU.

Not happening. If tomorrow they held a referendum on Scotland leaving, and miracles happened, and everything transitioned almost overnight, I can not count enough members of the EU who would approve Scotland joining the EU.

Northern Ireland would have a better chance, but even then, I think them a few votes short.

10, maybe 15 years of independent rule, Scotland might have cleaned up enough to make it possible. I don't see it lasting that long, they'd likely vote for reunification before joining the EU.

40 posted on 06/25/2016 10:49:07 AM PDT by kingu (Everything starts with slashing the size and scope of the federal government.)
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