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Old September 15th, 2014, 08:11 PM   #461
Rendell
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Originally Posted by knobby109 View Post
There are lots of people with plenty to lose.Among these are 800 000 holders of mortgages from English lenders.These are certain to cost substantially more in the event of independence.
I think Knobby, you should check out what Robert Peston has to say on the matter on the BBC News website:

http://www.bbc.co.uk/news/business-29206398

It's a long read but I think it covers all the bases.
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Old September 15th, 2014, 10:49 PM   #462
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As a typical American, don't know much about the pros and cons of Scottish independence. I'd be interested in learning the arguments for both sides. Would one of you VEF members in the British isles please educate me? Thanks!
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Old September 15th, 2014, 10:55 PM   #463
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As a typical American, don't know much about the pros and cons of Scottish independence. I'd be interested in learning the arguments for both sides. Would one of you VEF members in the British isles please educate me? Thanks!
You know what, rather than me giving you a long winded answer, why don't I let John Oliver do it for me - he's way more entertaining!

http://www.dailymotion.com/video/x25...dependence_fun
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Old September 16th, 2014, 01:10 AM   #464
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As a typical American, don't know much about the pros and cons of Scottish independence. I'd be interested in learning the arguments for both sides. Would one of you VEF members in the British isles please educate me? Thanks!
Sure. Some Scottish people are thankful of the benefits they derive from being British. Some Scottish people think the costs of being British outweigh any benefits they may derive from the union.

Psychologically, it's a classic cost/benefit analysis. Some focus on negatives in life, and they'll be pro-independence, whereas others focus on the positives in situations, and they'll be pro-union.

It's no surprise therefore to find that people who are more successful in their professional lives tend to favour union, whereas independence tends to be favoured by those who perform more menial jobs.

.
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Old September 16th, 2014, 01:54 AM   #465
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Sure. Some Scottish people are thankful of the benefits they derive from being British. Some Scottish people think the costs of being British outweigh any benefits they may derive from the union.

Psychologically, it's a classic cost/benefit analysis. Some focus on negatives in life, and they'll be pro-independence, whereas others focus on the positives in situations, and they'll be pro-union.

It's no surprise therefore to find that people who are more successful in their professional lives tend to favour union, whereas independence tends to be favoured by those who perform more menial jobs.

.
Roger, you're so out of touch with what's going on up here, you could be on another planet.

Or London as it's otherwise known.
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Old September 16th, 2014, 05:11 AM   #466
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If Scotland goes for independence you may have your own London(s) as Edinburgh and Glasgow will probably take London's place in people's affections.
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Old September 16th, 2014, 08:54 AM   #467
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Does Scotland have the funds on it's own to keep all the social services flowing?
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Old September 16th, 2014, 11:35 AM   #468
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I think Knobby, you should check out what Robert Peston has to say on the matter on the BBC News website:

http://www.bbc.co.uk/news/business-29206398

It's a long read but I think it covers all the bases.
I had indeed read this article but it's generally expected that whatever currenct the Scots end up using it won't be the one that the mortgages were issued in.
The bank of England could not in the event of a Yes vote expect or be expected to act as a lender of last resort; what will fill that job for Scotland? Particularly if Scotland walks away from its share of the national Debt as it would become a nation in default and ineligible for international loans at a standard rate.
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Old September 16th, 2014, 12:52 PM   #469
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This is interesting!

http://wakeupscotland.wordpress.com/...changed-to-no/
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Old September 16th, 2014, 03:24 PM   #470
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The general perception (in Europe) is that the NO side wins.

It is interesting what happens after the vote, when the NO side is winning?

I have read a news sites
In the media there is a general perception that after this vote should no longer be a second chance for Scotland to become independent.

David Cameron and other British leaders have also hinted at the same thing.

Voting is the last chance for the Scots to become independent!

So, the general perception is the fact that the NO side wins.

What happens then? My own opinion:

*NO side (= Loyalists) take a bigger power/role in Scotland
*Scotland is divided into two camps for a while.
*NO side and the English "punish" the leaders of the independence movement
*Some of the independence-leaders quickly disappears somewhere, perhaps leaving the country
*Independence movement fade away, the Scots finally submit themselves under the English rule.

*And, of course, comedians and the English people laugh at the Scots for a long time.

*EU sighs of relief, especially in Spain.

*Scotland will experience the same fate as Wales, which is withered area without power!
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