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Scottish Independence Would Come At A High Price


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#16 swissy_fit

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Posted 16 April 2012 - 02:46 PM

5 million people and a disproportionate share of the UK's resources. Yes please!

Quite a lot of people think that's what the Scots have right now.
If you want to know what the next political move will be, ask yourself what will suit the banks, and behold, the answer will come to you.

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The logical financial outcome is deflation. The logical political outcome is inflation. (Thanks to Injin 21st Sept 2008)

#17 AThirdWay

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Posted 16 April 2012 - 02:54 PM

You are in a small minority on that. As the article points out, 75% of Scottish would not pay the price of an iPad for independence.


That's not what it says at all. Read it again, and then have a think about why there is such debate on the actual wording of the question posed in a Scottish vote for independance.

#18 Democorruptcy

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Posted 16 April 2012 - 03:29 PM

Scotland has more water and that will be their new oil. Imagine how much England will need when they keep packing in the immigrants.

Democorruptcy
If you say "Democorruptcy" quickly, it sounds a bit like "Democracy". In a "Democracy" people vote for politicians who represent their interests. In the UK's "Democorruptcy" people can only vote for expense fiddling thieving MPs who are in the hip pocket of big business and the finance sector.

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A "Governbankment" is a Government that has no line between itself and banks. It diverts public money (our taxes) to private companies (banks). George Osborne's Help to Buy Bail Banks, will see our taxes go to bankers to cover their losses on mortgages that default. The UK's Governbankment will even pay bankers "reasonable repossession fees" on Help to Bail Bank mortgages that default.

The Funding for Lending Scheme (FLS) is stealing from savers to make them pay for crimes by bankers. Via lower interest on savings, all the bank fines for PPI, LIBOR, interest rates swaps, etc. are being paid by savers so that bankers can keep pocketing bonuses. 

"We need to make a really big change: from an economy built on debt to an economy built on savings" - David Camoron Jan 2009
"Printing money is the last resort of desperate governments when all other policies have failed" - George Osborne Jan 2009
- So what do Camoron & Osborne do? Print money and leave interest rates at 0.5% when inflation is over 5%

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http://classiclit.ab...en-Part-2_4.htm

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#19 lovelyhead

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Posted 16 April 2012 - 03:34 PM

Scotland has more water and that will be their new oil. Imagine how much England will need when they keep packing in the immigrants.


If Scotland could charge 1p per litre there would be no need for oil money!

#20 Gone baby gone

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Posted 16 April 2012 - 04:11 PM

No you wouldnt. Nothing would be different. Today Brussels will determine your future, and tomorrow, regardless of England, Brussels would too.


Brussels? No point joining the EU until the oil runs out!

#21 Squeeky

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Posted 16 April 2012 - 04:32 PM

If Scotland could charge 1p per litre there would be no need for oil money!


That's £10 per cubic meter!

The UK has miles of coast lines, for that price it would be significantly cheaper (up to £1 a meter cubed) to use desalination plants, all we would need it plenty of power... or a bolt on or two to the odd nuclear plant we have across the country, which are typically already on the coast.

#22 Guillotine

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Posted 16 April 2012 - 04:42 PM

I don't see why Scotland should not increase in power and influence to at least match the Irish Republic. But the political power of the socialists could stymy their development and presumably they will not be tempted into the Eurozone.

They have similar resources, manpower and so on.



#23 Peter Hun

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Posted 16 April 2012 - 04:53 PM

That's £10 per cubic meter!

The UK has miles of coast lines, for that price it would be significantly cheaper (up to £1 a meter cubed) to use desalination plants, all we would need it plenty of power... or a bolt on or two to the odd nuclear plant we have across the country, which are typically already on the coast.



Its now possible to desalinate water without a large amount of energy. I suspect its cheaper than pumping it from Scotland, although NW England probably has enough water in the lakes for the rest of the UK.

Edit: From what I can gather, desalination is cheaper than transporting water 400miles, at around $0.36/m3

I don't see why Scotland should not increase in power and influence to at least match the Irish Republic.


There has never been anything to stop Scotland doing that, although it was a super power in banking.

Edited by Peter Hun, 16 April 2012 - 05:12 PM.


#24 Game_Over

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Posted 16 April 2012 - 05:16 PM

Apologies if already posted..

http://www.economist.com/node/21552564

Interesting to note that UK Oil production was down to about 1 million barrels/day (the 1999 peak was 2.9 mb/d, IIRC); the last decent field to come online was Buzzard in 2007; that is past maximum now. An independent Scotland would not account for all the oil (there's a bit that's english, and would consume about 150,000 barrels per day anyway. At the current rate, then, Scotland would become an oil importer before 2030, and would be an increasingly minor oil exporter even by the time they got actual independence.


Another F*ck up the left are responsible for.

Well I for one hope they do get independence because it will mean Labour will never win power in England again.

Mind you, the Scots will be bankrupt in a generation and we will then have to save their sorry backsides yet again I suppose.

:blink:

#25 Gone baby gone

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Posted 16 April 2012 - 05:24 PM

Mind you, the Scots will be bankrupt in a generation and we will then have to save their sorry backsides yet again I suppose.


If the English are as bankrupt then as they are now, they might struggle to save anyone... :lol: :lol: :rolleyes:

#26 swissy_fit

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Posted 16 April 2012 - 05:32 PM

If the English are as bankrupt then as they are now, they might struggle to save anyone... :lol: :lol: :rolleyes:

True, but remember it's the UK that's bankrupt - for now.
If you want to know what the next political move will be, ask yourself what will suit the banks, and behold, the answer will come to you.

The Credit Crunch :
The logical financial outcome is deflation. The logical political outcome is inflation. (Thanks to Injin 21st Sept 2008)

#27 KingBingo

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Posted 16 April 2012 - 05:49 PM

True, but remember it's the UK that's bankrupt - for now.



As an Englishman I would be perfectly happy for Scotland to leave debt free. Almost any price is worth paying to be rid of that communist block.
The truth is that the economies of rich countries, including the UK, are being kept alive by another and astonishingly under-reported bull market ó in government debt. This is the bond bubble; and when it bursts, as it surely will, the result will be a recession far deeper than the crash from which we are trying to recover.

Allister Heath
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#28 cashinmattress

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Posted 16 April 2012 - 05:53 PM

The problem with the oft brought up Scottish independence debate is that it's mostly lacking any good points, from either side, and more often than not is inundated with bigotry.

When the oil runs out people, whether by one or two states on the same island, is that Britain is finished. Period.

#29 Orsino

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Posted 16 April 2012 - 06:00 PM

I wish they'd hurry up and vote because I don't know how much longer I can politely pretend to give a rat's ass.... oops, too late!
They breathe profits; they eat the interest on money. If they don't get it, they die the way you die without air, without side-meat."
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#30 Krackersdave

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Posted 16 April 2012 - 07:59 PM

Quite a lot of people think that's what the Scots have right now.



The lovely Steph disagrees.... I'd suggest you watch and in particular how a deficit in England is instead called a subsidy when applied to Scotland.. It's 1min in..

http://www.youtube.com/watch?v=Q-5R5lYv9yY&feature=player_embedded

Edited by Krackersdave, 16 April 2012 - 08:00 PM.

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