Billions of pounds wiped from value of Scottish firms after yes vote

originally posted by: Soloprotocol

originally posted by: christmaspig
a reply to: Soloprotocol

If you're going to insult my intelligence at least use spell check please.

Yes you answered my questions, but as I stated you answered with Scotland is full of smart people I'm sure we'll muddle through. Victory shall be ours. Because we are the mighty Scottish. Pretty much. You did not answer how you expect to economically sustain yourselves during the massive upheaval that will take place. When you no longer have a currency, when hundreds of jobs are lost due to companies withdrawing from your country, and even the loss of contracts that are with the UK, not England, not Scotland, the UK! Which you will no longer be part of. These companies will not suddenly decide to back out of these contracts, at their expense, simply to draw up new ones with a newly independent country, freshly born with a hell of a lot of work to do before they can even think of bartering for contracts. When you have no fail safe, no one to fall back on, when your government turns out to be just as corrupt as any other government. When all these academics and institutions you have turn out to be half foreigners and foreign investment that suddenly moves back home or gets withdrawn due to the instability of your economy.
You didn't answer why you think your government will be any better than the UK government.
Yes you will survive, but at what cost?

So don't belittle my intelligence or suggest I don't understand your inane ramblings because I understand perfectly. You are not interested in a different view point. You have made up your mind, probably at the first whiff of an independence vote. All you do is shoot down people's claims, theories and ideas, even facts, saying it is nothing more than lies, propaganda and the government trying to screw you again.
I don't need your approval, I don't need your respect, I don't honestly want anything to do with someone who is so closed minded that they fail to look at the bigger picture, instead thinking of personal immediate glory and throwing two fingers up at the future.

As I said before. I'm done. There is no point arguing with someone who resorts to insults because they can't come up with relevant and justifiable responses to others questions.

Could you point out to me where i replied to you and insulted you..cause i dont see it.

For every company that withdraws it's business from Scotland another will take it's place. They are here for a reason. They make Money.... How you come to the conclusion that Businesses will all of a sudden up sticks and leave is well....ludicrous to say the least.

Also please point out my spelling mistakes...other than the odd typo i dont usually make them.

I'll answer your question why i think my Government will be Better than what has been served up in the past....No More Illegal Wars, No more cover ups on Paedophilia inside Government, no house of Lord to fund, no more expenses submitted for moat cleaning, no more serial second and third home flippers. All at yours and my expense. etc, etc, etc...the list is a mile long.
...are these good enough answers for you.

Also, Show me one FACT i have shot down...please...Just one.

Well, you insulted me on a regular basis. But let's not bring up that nasty fact because the Mods shut the last thread down when it got all personal. By the way, if you think that an independent Scotland will be free of corruption, you have another think coming. It'll be there.

Thanks Westminster. I dont know what we would do without you. Hmmmmm
Westminster charge Scotland billions of pounds in service costs

Hi ATS only my second post...

Firstly I have no vested interest in the vote but I am a curious economics graduate.

If possible can a 'yes' voting Scottish economist expand on this question. I have asked on Facebook, G+, Twitter etc and not received an answer.

A lot of pro-independence supporters say the rest of the UK will definitely enter into a currency union. If so why would the rest of the UK want a non-UK nation to have any control over the Bank of England macroeconomic policy (particularly interest rates).

The reason I ask is because if an independent Scotland cannot maintain pace with the UK economy (or for arguments sake even overtakes it) then what measures will an independent Scotland have to control their money supply and/or inflation?

Thanks in advance.

-Loque76-

originally posted by: Loque76
Hi ATS only my second post...

Firstly I have no vested interest in the vote but I am a curious economics graduate.

If possible can a 'yes' voting Scottish economist expand on this question. I have asked on Facebook, G+, Twitter etc and not received an answer.

A lot of pro-independence supporters say the rest of the UK will definitely enter into a currency union. If so why would the rest of the UK want a non-UK nation to have any control over the Bank of England macroeconomic policy (particularly interest rates).

The reason I ask is because if an independent Scotland cannot maintain pace with the UK economy (or for arguments sake even overtakes it) then what measures will an independent Scotland have to control their money supply and/or inflation?

Thanks in advance.

-Loque76-

I'm no economist but i'll answer anyway.
A Independent Scotland like any other independent country in the World can and will manage it's own Affairs financially.
What makes us any different from Denmark, Norway, New Zealand, Finland, Croatia, Oman, Singapore etc etc...Countries who seem to manage just fine with roughly the same population.

Why is it, if you believe most Pro Union Members here, that Scotland will fail if we become Independent.?
What we are asking for is that we are given a little breathing space until all negotiations are done and dusted. Both Scotland and the rest of the UK would be mental if they didn't come to an agreement on this.

a reply to: Soloprotocol

Hi Soloprotocol thanks for the reply.

I dont think/want Scotland to fail. I welcome a prosperous trading partner for the rest of the world.

My main concern is that the countries you mention have a degree of control over their monetary supply. If an independent Scotland were to use sterling then they would have no control over the base rate of interest or supply.

As an economist this to me is problem 101 and defines the impact of any other independence issues.

Would you (Soloprotocol or any others) recommend Scotland to continuing to use the pound?

Thanks Again

-Loque76-

originally posted by: Soloprotocol

originally posted by: Loque76
Hi ATS only my second post...

Firstly I have no vested interest in the vote but I am a curious economics graduate.

If possible can a 'yes' voting Scottish economist expand on this question. I have asked on Facebook, G+, Twitter etc and not received an answer.

A lot of pro-independence supporters say the rest of the UK will definitely enter into a currency union. If so why would the rest of the UK want a non-UK nation to have any control over the Bank of England macroeconomic policy (particularly interest rates).

The reason I ask is because if an independent Scotland cannot maintain pace with the UK economy (or for arguments sake even overtakes it) then what measures will an independent Scotland have to control their money supply and/or inflation?

Thanks in advance.

-Loque76-

I'm no economist but i'll answer anyway.
A Independent Scotland like any other independent country in the World can and will manage it's own Affairs financially.
What makes us any different from Denmark, Norway, New Zealand, Finland, Croatia, Oman, Singapore etc etc...Countries who seem to manage just fine with roughly the same population.

Why is it, if you believe most Pro Union Members here, that Scotland will fail if we become Independent.?
What we are asking for is that we are given a little breathing space until all negotiations are done and dusted. Both Scotland and the rest of the UK would be mental if they didn't come to an agreement on this.

(Facepalm) Believe it or not, people who are asking questions about how Scotland will be run after a 'Yes' vote are not against Scotland. They don't want Scotland to fail. They don't hate Scotland. I quite like Scotland. But questions about the currency need to be answered, because this is something that is incredibly important. You can't bodge a currency together on the fly. Nor can you take any chances over an economy. Investors don't like being told that "We're not entirely sure about how we're going to do this, but we'll put something together that should work." No. That's a recipe for disaster. Your economy needs a strong foundation and a decent fiscal policy. And in the highly unlikely event of Scotland being allowed to use the pound, they wouldn't have any control over it!!! They wouldn't be able to set interest rates and they sure as hell wouldn't be able to print any currency. There would be NO fiscal policy worth a damn. And that's supposed to be independence?
Look, I can't stress this highly enough. You don't take financial gambles with your economy, not if you can help it. The risks are too great. Think about what needs to be funded properly - the NHS, schools, pensions, infrastructure, the works.

originally posted by: Loque76
a reply to: Soloprotocol

Hi Soloprotocol thanks for the reply.

I dont think/want Scotland to fail. I welcome a prosperous trading partner for the rest of the world.

My main concern is that the countries you mention have a degree of control over their monetary supply. If an independent Scotland were to use sterling then they would have no control over the base rate of interest or supply.

As an economist this to me is problem 101 and defines the impact of any other independence issues.

Would you (Soloprotocol or any others) recommend Scotland to continuing to use the pound?

Thanks Again

-Loque76-

As i have said previously, we should use the pound for a few years after independence..Hey, a Scot was one of the founders of the Bank of England, some say the mastermind behind it And we Scots have helped build up that Bank for the past 300 years. To say if we leave the UK we cant use the pound is somewhat of a insult and a very dangerous thing for rUK to do.

a reply to: Soloprotocol

You insinuated I was too dumb to understand the answers you gave me to my questions, that I couldn't comprehend the points you were making. That is an insult.

You said bellow instead of below.

I'm not responding to the rest because it's like pissing in the wind with you. We've been on this ride for the past two days and I for one want to get off. People have stated clear and simple facts which you choose to ignore time and time again in favour of your hope and glory soap box. I refuse to argue with you any longer, I have better things to do with my time than try and have an adult conversation with someone who acts like a child. If anything, talking with you makes me want the yes vote to happen. I don't want to be associated with narrow minded bigots with only their own interests at heart and to hell with anyone or anything else. Good day to you.

originally posted by: christmaspig
a reply to: Soloprotocol

You insinuated I was too dumb to understand the answers you gave me to my questions, that I couldn't comprehend the points you were making. That is an insult.

You said bellow instead of below.

I'm not responding to the rest because it's like pissing in the wind with you. We've been on this ride for the past two days and I for one want to get off. People have stated clear and simple facts which you choose to ignore time and time again in favour of your hope and glory soap box. I refuse to argue with you any longer, I have better things to do with my time than try and have an adult conversation with someone who acts like a child. If anything, talking with you makes me want the yes vote to happen. I don't want to be associated with narrow minded bigots with only their own interests at heart and to hell with anyone or anything else. Good day to you.

I said Bellow instead of Below...Please forgive my fat fingers....lol
Please link me to the post i said you were to "Dumb, and you couldn't comprehend the points i was making", or should i say Maicking or maybe you prefer Maekking....Look, i'll apologies if i did, but i dont recall ever saying anything of the sort. feel free to back up your allegations with i direct quote from me.

a reply to: Soloprotocol

Hi Soloprotocol

As with the functions of the currency markets any country or individual can trade the pound and it would be impossible for Scotland to be denied it. George Soros in the 90's was a sterling trader and he's a private individual.

I'm still inherently worried even with your proposal of Scotland temporarily using sterling. Uncertainty is something that makes investors and market traders very uneasy and the impact of the impending vote (not even the outcome) has already sent waves through the financial and currency markets.

If Scotland does get independence I don't think Scottish voters understand how speculative traders will be able to trade against independent Scottish assets without Scotland having the monetary ability to combat it via a central bank with interest rate setting abilities.

As I don't live in or near Scotland can I ask if these issues are main talking points in the campaigning?

Thanks

-Loque76-

originally posted by: Soloprotocol

originally posted by: christmaspig
You know what? I'm done. You rant about people believing what the media and government apparently shove down our throats but then tell me to Google? You are a joke. You want people to believe in your theories and your independent Scotland but you refuse to give any actual intelligent answers other than Scotland will rise we will survive, like an overworked Gloria gaynor song.

Good luck with your non corrupt government. By the way I truly do want Scotland to succeed if it comes to it. However I think there are justifiable concerns that you just aren't willing to think about, instead just slogging on with your we will overcome spiel.

I gave you answers on all three of your questions, see bottom of page 10...

Maybe it was the level of your questions that were bellow average intelligence or my answers were a bit above what your brain could handle.

Viola. This was what you posted.

originally posted by: Loque76
As I don't live in or near Scotland can I ask if these issues are main talking points in the campaigning?

Huge talking points that the 'yes' campaign (including Soloprotocol) cannot answer, and continue to dodge with wierd deflective answers.

originally posted by: Loque76
a reply to: Soloprotocol

Hi Soloprotocol

As with the functions of the currency markets any country or individual can trade the pound and it would be impossible for Scotland to be denied it. George Soros in the 90's was a sterling trader and he's a private individual.

I'm still inherently worried even with your proposal of Scotland temporarily using sterling. Uncertainty is something that makes investors and market traders very uneasy and the impact of the impending vote (not even the outcome) has already sent waves through the financial and currency markets.

If Scotland does get independence I don't think Scottish voters understand how speculative traders will be able to trade against independent Scottish assets without Scotland having the monetary ability to combat it via a central bank with interest rate setting abilities.

As I don't live in or near Scotland can I ask if these issues are main talking points in the campaigning?

Thanks

-Loque76-

Can i ask you Why you as someone, who by your own admission, doesn't live here is worried, and what Waves have already been sent through the Financial and currency Markets????

originally posted by: AngryCymraeg

originally posted by: Soloprotocol

originally posted by: christmaspig
You know what? I'm done. You rant about people believing what the media and government apparently shove down our throats but then tell me to Google? You are a joke. You want people to believe in your theories and your independent Scotland but you refuse to give any actual intelligent answers other than Scotland will rise we will survive, like an overworked Gloria gaynor song.

Good luck with your non corrupt government. By the way I truly do want Scotland to succeed if it comes to it. However I think there are justifiable concerns that you just aren't willing to think about, instead just slogging on with your we will overcome spiel.

I gave you answers on all three of your questions, see bottom of page 10...

Maybe it was the level of your questions that were bellow average intelligence or my answers were a bit above what your brain could handle.

Viola. This was what you posted.

here we go again...this answer was to you not angry hulk, you seem to have omitted that obvious fact..
I seriously believe there is something wrong with your head. I will be forwarding each and everyone of your replies to me to the Mods here. or have you just admitted to having more than one account here..

originally posted by: Soloprotocol
here we go again...this answer was to you not angry hulk, you seem to have omitted that obvious fact..

I wasn't involved? And he isn't saying that was directed to me.

a reply to: Soloprotocol

Hi again Soloprotocol

I suppose the best answer would be 'once an economist graduate always an economist graduate'. I specialised in classical, neo-classical and supranational economics so I always like to keep current with economic issues and relevant case studies.

I spent a time studying behavioural economics which primarily focuses on marketplace irrationality. Simply put financial systems should never collapse but they do because of the human factor in economic systems.

I think in my questioning I'm trying to rationalise the reasoning and economic implications of Scottish independence. I do not want to see a nation state slide back into recession because of voter apathy to the issue.

This is why I'm trying to get answers from those with vested interests.

Thanks again,

-Loque76-

originally posted by: Soloprotocol

originally posted by: AngryCymraeg

originally posted by: Soloprotocol

originally posted by: christmaspig
You know what? I'm done. You rant about people believing what the media and government apparently shove down our throats but then tell me to Google? You are a joke. You want people to believe in your theories and your independent Scotland but you refuse to give any actual intelligent answers other than Scotland will rise we will survive, like an overworked Gloria gaynor song.

Good luck with your non corrupt government. By the way I truly do want Scotland to succeed if it comes to it. However I think there are justifiable concerns that you just aren't willing to think about, instead just slogging on with your we will overcome spiel.

I gave you answers on all three of your questions, see bottom of page 10...

Maybe it was the level of your questions that were bellow average intelligence or my answers were a bit above what your brain could handle.

Viola. This was what you posted.

here we go again...this answer was to you not angry hulk, you seem to have omitted that obvious fact..
I seriously believe there is something wrong with your head. I will be forwarding each and everyone of your replies to me to the Mods here. or have you just admitted to having more than one account here..

Ah. More insults. No, I don't have more than one account. I was simply providing you with the insulting post you posted for Christmaspig. You know, the one he complained about? I think that he's not going to participate in this thread any more, so I simply thought that I would remind you of what you posted. Pardon me for being helpful. As for sending my replies to the mods - do you think that's a good idea, given the fact that you seem to insult people who question your facts?

originally posted by: angryhulk

originally posted by: Soloprotocol
here we go again...this answer was to you not angry hulk, you seem to have omitted that obvious fact..

I wasn't involved? And he isn't saying that was directed to me.

Yes he is, and i believe Angryhulk and AngryCymraeg to be one and the same person..I'll ask the mods to check the IP address, should be easy enough to clear up.

originally posted by: Soloprotocol

originally posted by: angryhulk

originally posted by: Soloprotocol
here we go again...this answer was to you not angry hulk, you seem to have omitted that obvious fact..

I wasn't involved? And he isn't saying that was directed to me.

Yes he is, and i believe Angryhulk and AngryCymraeg to be one and the same person..I'll ask the mods to check the IP address, should be easy enough to clear up.

Why would you possibly think that??? Please go ahead. I expect an apology afterwards for wasting their time.

Hmm.... more deflection.

originally posted by: Soloprotocol

originally posted by: angryhulk

originally posted by: Soloprotocol
here we go again...this answer was to you not angry hulk, you seem to have omitted that obvious fact..

I wasn't involved? And he isn't saying that was directed to me.

Yes he is, and i believe Angryhulk and AngryCymraeg to be one and the same person..I'll ask the mods to check the IP address, should be easy enough to clear up.

Considering it was christmaspig that had stated you were insulting him, why do you now think me and AngryCymraeg are the same person? What a very wierd thing to say. Especially considering you have ignored all my posts since 3/4 pages ago, until now.