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Implications for the rest of us if Scotland votes yes

Pickman's model said:
it is if you're a journo desperate for news on a slow day
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or desperate to paint Yes as bad news...

if theres one thing that drives me mad is using overdramatised signals from the markets to prevent social change - even proposing meaningful reforms create ripples on the market and can be painted as billions wiped off pension funds before its even got close to being voted on.

and on a parallel note, another gripe is "profits down %3", meaning we only made 3 billion this quarter as opposed to 3.3 billion last quarter or whatever else it is grrrrrr
 
England's going to need another one of these!
great_wall_beijing.jpg
 
andysays said:
Again, I don't know how sympathetic the Spanish left is to independence for Catalans and Basques, but in that situation they might well decide that it wasn't a price worth paying to enter a coalition.
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A good friend lives in the Spanish Basque country. Saw him a few months ago and he was telling me the Basques and Catalans are watching events in Scotland with extreme interest and then asked me a load of detailed questions his (Basque) wife had asked him to ask me about the referendum.
 
Sue said:
A good friend lives in the Spanish Basque country. Saw him a few months ago and he was telling me the Basques and Catalans are watching events in Scotland with extreme interest and then asked me a load of detailed questions his (Basque) wife had asked him to ask me about the referendum.
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I'm sure they're watching it very carefully, but so will the government in Madrid be.

Perhaps the question they should be asking is "how did you trick Cameron in to allowing you to have this referendum?"
 
gosub said:
so thats 50% of an annual fluctuation in a week
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Markets work by pricing in future possibilities. Arguably the effect on sterling of a yes vote has just been priced in and there won't be further significant drops.

Also have to factor in the wider currency markets where sterling was due for a correction.
 
whatever currency and markets do in the short term will level out. Its a fair sized economy using, producing and trading every day. Markets aren't going to do some capital strikes affair on scotland, why the hell would business interests do themselves over. Its simply natural caution based on uncertainty as to where the vote will go. Frankly, screw the markets. Its an irrelevance here really.
 
andysays said:
I'm sure they're watching it very carefully, but so will the government in Madrid be.

Perhaps the question they should be asking is "how did you trick Cameron in to allowing you to have this referendum?"
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Oh, we discussed that. My reply was "Because they didn't think yes could win." Which would be a lot more difficult to pull off there due to historically stronger support for independence/greater autonomy.
 
Sue said:
Oh, we discussed that. My reply was "Because they didn't think yes could win." Which would be a lot more difficult to pull off there due to historically stronger support for independence/greater autonomy.
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What level of autonomy do they have at the moment? Is it broadly comparable to the current Scottish position? How do they feel about greater autonomy short of actual independence?

Alhough an independent Scotland may not lead to further new independent nations emerging in Europe, where there's already support for regional autonomy, I can see that being encouraged and the pressure for greater autonomy short of independence being irresistable in some places.
 
danny la rouge said:
Furthermore, as we keep having to point out, there are only 59 Scottish MPs, not all of them Labour. (Currently: 40 Labour, 11 Lib Dems, 6 SNP, 1 Tory, 1 independent).
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It's also worth noting that as a percentage of their current number of seats the LDs lose more than Labour (19 % to 16 %).

Do you know how many Scottish MPs each had before the 2010 election?

EDIT: According the wikipedia none of Scotland's seats changed hands at Westminster so before the 2010 election Scotland accounted for 18% of the LDs seats compared with only 11% of Labours.
 
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andysays said:
What level of autonomy do they have at the moment? Is it broadly comparable to the current Scottish position? How do they feel about greater autonomy short of actual independence?

Alhough an independent Scotland may not lead to further new independent nations emerging in Europe, where there's already support for regional autonomy, I can see that being encouraged and the pressure for greater autonomy short of independence being irresistable in some places.
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I'm not an expert on Spanish politics by any means :D but as I understand it, they have more powers than Scotland does but the Madrid government has no problem interfering in things as and when they feel like it.

Oh and think because of this, they desperately want independence rather than more powers alone. Well the Basques I've met anyway.
 
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