Scottish currency to be worth less than pound.

[yoda]

13 minutes ago, The_Kincardine said:

As a former steel worker in Lanarkshire - and going on day release in Bell College for an HNC in metallurgy - the process of deindustrialisation started LONG before Her Maggieship.

Obviously. It started in the 1950s. However it's pretty much accepted by serious economic historians that the Thatcher government's decision to appreciate the £ was something that contributed to moving the UK even further down the road of deindustrialisation.

No doubt you'll have some excellent comeback to this. Probably something about "natters" or maybe me being a Deliveroo rider or something.

[D Angelo Barksdale]

1 hour ago, Pato said:

Seeing as Transnistria's being brought up again like it's a bad thing check oot their coins

Copped 2 of these at T in the Park in 2007.

[Granny Danger]

5 minutes ago, yoda said:

Obviously. It started in the 1950s. However it's pretty much accepted by serious economic historians that the Thatcher government's decision to appreciate the £ was something that contributed to moving the UK even further down the road of deindustrialisation.

No doubt you'll have some excellent comeback to this. Probably something about "natters" or maybe me being a Deliveroo rider or something.

Aye, there were people killing Jews long before Hitler was born.  I’m not sure why he gets such a hard time for accelerating the process.

[The_Kincardine]

12 minutes ago, yoda said:

Obviously. It started in the 1950s. 

This is why you should stick to your day job as a manicurist, mate, rather than pollute us with your half-arsed grasp of history.

The deindustrialisation of heavy industry in Lanarkshire began in the 1930s when Stewart and Lloyds locked up shop and moved to Northamptonshire - thus creating the biggest Rangers Supporters Club in Britain in the shithole that is Corby.

Industrial Scotland was only briefly reprieved by WW2 and, by the time Maggie came to save us, was a complete basket case.

 

Edited May 21, 2021 by The_Kincardine

[jakedee]

This is why you should stick to your day job as a manicurist, mate, rather than pollute us with your half-arsed grasp of history.
The deindustrialisation of heavy industry in Lanarkshire began in the 1930s when Stewart and Lloyds locked up shop and moved to Northamptonshire - thus creating the biggest Rangers Supporters Club in Britain in the shithole that is Corby.
Industrial Scotland was only briefly reprieved by WW2 and, by the time Maggie came to save us, was a complete basket case.
 

Luckily we now have a devolved Govt. soon to be an independent one, to recover from this destruction caused within the Union.

[Anonapersona]

4 minutes ago, The_Kincardine said:

This is why you should stick to your day job as a manicurist, mate, rather than pollute us with your half-arsed grasp of history.

The deindustrialisation of heavy industry in Lanarkshire began in the 1930s when Stewart and Lloyds locked up shop and moved to Northamptonshire - thus creating the biggest Rangers Supporters Club in Britain in the shithole that is Corby.

Industrial Scotland was only briefly reprieved by WW2 and, by the time Maggie came to save us, was a complete basket case.

 

Maggie was a rotten old corpse. And she still is.

[The_Kincardine]

4 minutes ago, jakedee said:

Luckily we now have a devolved Govt. soon to be an independent one, to recover from this destruction caused within the Union.

 

Yeah because in the febrile minds of the mutton heads who support partition it's we delightful Unionists who are to blame for the lack of iron ore in Lanarkshire.

[Genuine Hibs Fan]

Fun to see some theoretical career shaming from the former theology student and *checks notes* printer salesman was it not?

[D Angelo Barksdale]

C'mon man, we literally just did this on the other thread.

[Dan Steele]

"An economist has warned" 

[BigDoddyKane]

45 minutes ago, The Skelpit Lug said:

"An economist has warned" 

quite ironic as it seems economists can never warn of a financial crisis before it happens

[Dawson Park Boy]

3 hours ago, jakedee said:

 

 

Luckily we now have a devolved Govt. soon to be an independent one, to recover from this destruction caused within the Union.

 

So you want to reopen the coal mines?

[Inanimate Carbon Rod]

3 hours ago, Anonapersona said:

Maggie was a rotten old corpse. And she still is.

A dildo in her dead arse

[SANTAN]

5 hours ago, SandyCromarty said:

Currency, Pensions and Borders.

Same Old, Same Old, Same Old Repetive Scaremongering Shite they were peddling in 2013/2014.

Independence is Inevitable.

The election result showed that.

Aye who cares about currency pensions or borders eh?

Absolute ridiculous take that the latest elections prove Indy to be inevitable. If anything they prove people are as entrenched as ever. 

The idea that Indy is likely without convincing people over the 3 mentioned points is absolute ideological pish. 

[SANTAN]

5 hours ago, yoda said:

Tony Mackay had been pretty consistent in this view on Scottish independence. He obviously doesn't support it but he's repeatedly said that it is viable but that there's risks. It's an objectively fair position to take.

Whilst I don't want to go up against the big hitting economic minds of Terry Underscore Tibbs or Stormzy, arguing that "well the currency will be weaker than the pound" isn't that much of a slam dunk. They obviously didn't read the rest of the article either - specifically the bit where he says "initially". 

Anyway a strong currency isn't necessarily a good thing. Thatcher's policy of keeping the pound overvalued accelerated the deindustrialisation process. 

 

Point me to where I did that please?

[jakedee]

So you want to reopen the coal mines?

Where did you get that from?
I want investment in Scottish manufacturing, not just move it south to a marginal constituency to buy votes eg Rosyth,

[bluearmyfaction]

5 hours ago, BigDoddyKane said:

casino chips

I went to Transistria once and got those in change.  I genuinely thought they had run out of metal for their coins so were dishing out casino chips.

[wirez]

Imagine the shock horror of adopting the euro in 2015/16 and seeing our currency rise about 20% against the £.

Alas another case of what could have beens...

Still the numbskulls will try and envisage that a resource rich country like Scotland will have a currency stability the equivalent of Rwanda.

They are idiots. Ignore them.

[tamthebam]

 

Where were all the economists in 2007 warning about the possibility of the sub prime market collapsing which actually led to public services being cut through10 years of needless austerity?

The dismal science indeed.

[HTG]

What a load of shite this is. If the Scottish pound turned out to be worth exactly the same as the English pound, the cry would be "what's the point, you've no fiscal autonomy". If the Scottish pound were to be worth more than the English pound, there would be squeals from those keen to export to England being uncompetitive. If the Scottish pound is worth less than the English pound, you get this fucking drivel. 

It'll be what it is and we'll deal with the pluses and minuses like every other country on the planet. Or just adopt the Euro and be done with it. 

Independence is about the right to choose the destiny of your country, the right to vote for governments the majority of your citizens want to govern them and the responsibility to manage the day to day stuff. Scotland will be just fucking fine. If Ireland, Iceland, Norway, Denmark, Sweden, Belgium etc can manage it, what the f**k is it that makes Scotland so different - unless you think that the country next door to you is going to declare some sort of economic war and blockade you.  If that's the intention, just let us know so we can laugh like f**k at them and then get on with being a proper country who just happens to have a scorned neighbour with tinpot tendencies. Fwiw, that's not how England will behave despite a few beetroot faced arseholes howling at the moon about it. 

Utter pish.