'yes' Vote - Cost Of Protection On Sterling In Options Market Rises

[lovelyhead]

As regards 3 salmond would not agree with you.

I think you are forgetting Salmond won't become king of Scotland in the event of a YES vote. Just because he want's to join the EU doesn't mean to say everyone in Scotland does. I don't. I wouldn't be surprised if there was another referendum after the YES vote asking us if we want to join the EU.

[lovelyhead]

Tbh this is why I love this forum, I get all the opinions and ideas the news doesn't have, some good thinkers on here. Great stuff folks.

I see people completely underestimate Scotland, just lots of little things. Did you know its the home of golf? everyday I used to watch private billionaire jets fly into leuchers for a round. How many countries would love just that? Golf tourism is enormous and that's just one tiny corner whereas some countries would make that there "thing"or "hing" to use the local vocabulary

Every little corner of Scotland is famous for something and now what I am seeing this vote is a need to branch out what I might even call entrepreneurship. My thoughts are on a yes is that the south of England does well, Scotland does well and the north of england and wales end up f**ked but thats just my thoughts.

Why is there no "Like" button on these forums?

[Goat]

My thoughts are on a yes is that the south of England does well, Scotland does well and the north of england and wales end up f**ked but thats just my thoughts.

It'll be an interesting test of whether socialism or free markets work better.

My thoughts are that Scotland will drift off into a 1970s style socialist basket case, moving from crisis to crisis all no doubt the fault of 'fatcher and the English.

[interestrateripoff]

I think you are forgetting Salmond won't become king of Scotland in the event of a YES vote. Just because he want's to join the EU doesn't mean to say everyone in Scotland does. I don't. I wouldn't be surprised if there was another referendum after the YES vote asking us if we want to join the EU.

You think Salmond would risk a vote on the issue? Hard to square independence with wanting to join the EU on independence.

So far I've not seen any figures on what splitting the Union would cost and who's paying for it. Has Salmond committed Scotland to 100% of the costs?

If there's a yes vote what will this mean for Scottish English Prem league footballers who overnight will suddenly become "foreigners".

The next couple of weeks are going to be very interesting.

The other aspect to all this is that clearly the vote is going to be very close. What's Salmond plan to reunite Scotland between the warring Yes / No factions? How is he going to convince the No voters that this really was in the best interest of all concerned. For me the Yes vote should be a clear majority ie 75%+. When the vote is more likely to be 51% / 49% on an issue as important this it could lead to real political tension.

[Sandwiches33]

It'll be an interesting test of whether socialism or free markets work better.

My thoughts are that Scotland will drift off into a 1970s style socialist basket case, moving from crisis to crisis all no doubt the fault of 'fatcher and the English.

And England will evolve into a utopian ideal of free markets, personal liberty and zero corruption? It will invent lots of amazing new things, this innovation will bring it out of debt and the standard of living will rise for everyone? or will the same group just run it into the ground and bleed it to death while ordinary English folk get hammered to bits. We are all F8cked but I applaud the scots for trying to change something? I would like to see parts of england kick up a fuss and try to break away from westminster too, peoples republic of yorkshire perhaps?

[1929crash]

Why is there no "Like" button on these forums?

To avoid you the embarrassment of discovering that you are not liked?

[lovelyhead]

To avoid you the embarrassment of discovering that you are not liked?

Devolved into personal insults has it?

[interestrateripoff]

http://www.theguardian.com/politics/2014/sep/03/scottish-independence-campaign-church-of-scotland-rancour

The Church of Scotland's most senior cleric has expressed fears that "something ugly" is permeating the referendum campaign, as a new poll finds that voters believe the country will be divided after 18 September regardless of the outcome of the vote.

The Right Rev John Chalmers, moderator of the General Assembly, said: "I am repelled by the name-calling and rancour we have seen in recent weeks. We need to behave as though we are paving the way for working together whatever the outcome.

"I have faith that despite divergent views most Scots are behaving courteously during the runup to the referendum. However, it has become clear that some are not. I fear that something ugly may be beginning to permeate the independence debate."

Polling for the Times on Wednesday morning found that 50% believed there would be remaining bitterness and division after a yes vote, while 55% expected similar consequences if the country were to vote against independence.

The YouGov poll revealed that Scottish residents born in England, Wales or Northern Ireland were more concerned about the aftermath of the referendum vote than those born in Scotland.

[Goat]

....or will the same group just run it into the ground and bleed it to death while ordinary English folk get hammered to bits.

The country was run into the ground by Scotsmen so no, post independence they probably won't get the chance to do it again.

[lovelyhead]

The country was run into the ground by Scotsmen so no, post independence they probably won't get the chance to do it again.

Please explain to me why you think Scotland has been run into the ground?

[1929crash]

Please explain to me why you think Scotland has been run into the ground?

He was talking about Britain, which was under the Scottish Raj between 1997 and 2010.

[Goat]

Please explain to me why you think Scotland has been run into the ground?

I was referring to the UK.

[1929crash]

I was referring to the UK.

Of course you were, Goat - but if lovelyhead is arguing that Scotland hasn't been run into the ground by the Union, why is he arguing for independence from that same Union?

[Baxter Basics MP]

Someone wrote on this thread "at least the scots are doing something" . I hate to point out, but the Scots have did nothing to get this vote. The opportunity was handed to Scotland by a hated PM of a hated Tory party. So if the Yes campaign win, will they hail Cameron as the man who gave them their dream? Rather like Kosovans being the only folk on the planet who like Blair.

[lovelyhead]

Someone wrote on this thread "at least the scots are doing something" . I hate to point out, but the Scots have did nothing to get this vote. The opportunity was handed to Scotland by a hated PM of a hated Tory party. So if the Yes campaign win, will they hail Cameron as the man who gave them their dream? Rather like Kosovans being the only folk on the planet who like Blair.

I think you will find it was the SNP that was voted in by a majority of Scottish people that brought about the referendum.

[bankstersparadise]

I am still praying the YES campaign have enough momentum to get this thing over the line!

[Baxter Basics MP]

I think you will find it was the SNP that was voted in by a majority of Scottish people that brought about the referendum.

Do you mean a majority of a 50% turnout?

[stormymonday_2011]

1. How do you know how much oil is recoverable?

2. How do you know that rUK won't contest the right to drill and explore?#

3. How do you know the EU won't claim it as price for EU membership?

North sea oil production is in teminal decline and any new discoveries are unlikely to set off the fields going out of production.

http://en.wikipedia.org/wiki/North_Sea_oil

A lot of the newer fields are a more costly to develop, offer lower returns on money invested and are unlikely to last anything as like as long as the giant fields such as Brent and Fortes. Moreover some of the money being invested in new oil production is obtained via carrying over losses and costs incurred in decommissioning depleted fields a process which will become quite complicated if Scotland becomes independent because not all the existing oil and gas fields being taken out of use lie in Scottish waters

Both current and past tax yields from North Sea production and their value to the British economy are also wildly overestimated by most people.

PRT yields is only barely £ 1 billion a year and corporation tax yields from the North Sea are currently about £4.7 billion. It should be borne in minds that these tax figures cover production not only from the Scottish oil fields but also from the English gas and oil fields in the southern North sea basin. Moreover, some Scottish North Sea oil fields such as Brent dont actually produce much oil at all now but now mainly supply gas and condensates which retail at much lower prices on world markets. Revenues from North Sea oil will be useful for an independent Scotland but it wont fund any future state. Its loss will not make much difference to the rest of the UK exchequer particularly as both oil prices and tax receipts from them are volatile and hard to predict.

Edited September 3, 2014 by stormymonday_2011

[bankstersparadise]

North sea oil production is in teminal decline and any new discoveries are unlikely to set off the fields going out of production.

http://en.wikipedia.org/wiki/North_Sea_oil

A lot of the newer fields are a more costly to develop, offer lower returns on money invested and are unlikely to last anything as like as long as the giant fields such as Brent and Fortes. Moreover some of the money being invested in new oil production is obtained via carrying over losses and costs incurred in decommissioning depleted fields a process which will become quite complicated if Scotland becomes independent because not all the existing oil and gas fields being taken out of use lie in Scottish waters

Both current and past tax yields from North Sea production and their value to the British economy are also wildly overestimated by most people.

PRT yields is only barely £ 1 billion a year and corporation tax yields from the North Sea are currently about £4.7 billion. It should be borne in minds that these tax figures cover production not only from the Scottish oil fields but also from the English gas and oil fields in the southern North sea basin. Moreover, some Scottish North Sea oil fields such as Brent dont actually produce much oil at all now but now mainly supply gas and condensates which retail at much lower prices on world markets. Revenues from North Sea oil will be useful for an independent Scotland but it wont fund any future state. Its loss will not make much difference to the rest of the UK exchequer particularly as both oil prices and tax receipts from them are volatile and hard to predict.

Be quiet with your economic rationale.

This is about nationalism and hatred of the English.

Scots please ignore the above and vote Yes ;-).

[lovelyhead]

This is about nationalism and hatred of the English.

The only hatred being displayed is that towards the Scots. Scottish posters have been quite civil towards the other posters.

[The Knimbies who say No]

And England will evolve into a utopian ideal of free markets, personal liberty and zero corruption? It will invent lots of amazing new things, this innovation will bring it out of debt and the standard of living will rise for everyone? or will the same group just run it into the ground and bleed it to death while ordinary English folk get hammered to bits. We are all F8cked but I applaud the scots for trying to change something? I would like to see parts of england kick up a fuss and try to break away from westminster too, peoples republic of yorkshire perhaps?

In Goat's head it already is, under the adroit stewardship of the Conservative Party.

Edited September 3, 2014 by Joan of The Tower

[Goat]

In Goat's head it already is, under the adroit stewardship of the Conservative Party.

No such illusions, although those things take time and a government free of the Lib Dems.

[Caius]

The Welsh language is in decline across Wales. There is a small increase in English speaking areas accounted for by schoolchildren and by public sector workers going on subsidised courses.

If there was any truth to the notion that Welsh is on the increase, then TV channels like S4C would not be uttering their death rattles, and plaid Cymru would have attracted more thanh its pitiful 15% share of votes in May.

And Caius yet again resorts to the racist jibe that because TMT and I do not support spending on a dead lanaguage,w e are not Welsh.

You are a liar. There was no decrease across Wales. There was an increase in Cardiff and Monmouthshire. You talk of an increase amongst schooldchildren. For once, you are correct. The children are the future. Overall there was a slight decrease in the population able to speak Welsh. But that was due to a large number of people moving to Wales who don't speak the language. But, sadly for you, the decline of previous decades have been halted and the future is brighter.

Maybe you could post a link showing the S4C is 'uttering their death rattles'.

Not quite sure why you talk of Plaid Cymru. English speaking people also vote for it as they did in places like the Rhondda in 1999 and when Plaid did better than the SNP. I hardly think that the EU elections with your UKIP doing so well is much of a barometer.

Finally.....it doesn't reflect well on you that you wish a nation's native language to be destroyed and just be a foot-note in some history book. But you're a Brit nat.....and you know well than in order for the British state state to survive, we must all be the same and have the same world view. Quite a vile attitude in fact.

[ccc]

Someone wrote on this thread "at least the scots are doing something" . I hate to point out, but the Scots have did nothing to get this vote. The opportunity was handed to Scotland by a hated PM of a hated Tory party. So if the Yes campaign win, will they hail Cameron as the man who gave them their dream? Rather like Kosovans being the only folk on the planet who like Blair.

I shall repeat it again for the hard of thinking. At the last general election - the SNP only got slightly more votes than the hated Tories and hated Cameron.

So if you would like to use that same logic - and its up to you - you HAVE to admit that the SNP and Salmond are only very very slightly less hated in Scotland than the Tories.

[Caius]

I shall repeat it again for the hard of thinking. At the last general election - the SNP only got slightly more votes than the hated Tories and hated Cameron.

So if you would like to use that same logic - and its up to you - you HAVE to admit that the SNP and Salmond are only very very slightly less hated in Scotland than the Tories.

At the last Scottish Parliament elections, they gained enough seats to form a majority. So, you are basically talking a load of ballocks regarding them only being very slightly less hated thant the Tories. You have a misunderstanding of devolved politics.

Edited September 3, 2014 by Caius