So George Osbourne, what is your plan B? If as you say you wont enter a currency union with Scotland lol, how will you cope with Scotland disappearing over the hill with a spring in her step and a drive to succeed. How will you address? - 1. Your debt - currently £1,307,059,328,197.00 and growing by thousands every second, how the hell did that happen? We are of course willing to take our share of debt if we get our share of the assets (BofE and Sterling). If we dont get our share of these assets then why would we pay the debt? That just doesnt seem fair. How will you explain the loss of between £100 and £130 billion to the rest of the UK? Theyre gonna love you even more than they do now! 2. Currency conversion costs - How will you explain to rUK business that every transaction with Scotland will incur charges, as well have different currencies? This will create a huge unnecessary cost and even loss of business. Theyre gonna love you for that! 3. Balance of trade - Given that Scotland is thee net exporter in the UK, how are you going to cope when our ridiculously strong export figures are removed? How will you repair the UK balance of payments and the impact on the value of the pound? Im no psychic but l think itll be an impossible struggle and the rUK economy will remember you for that. 4. Scottish Bank Notes - If we aint using the pound, well have to withdraw all our cash deposited with the BofE for each Scottish Note in circulation. Ive heard varying figures of between three and six billion so lets call it a 4.5 billion pound withdrawal, just what the Bank needs eh? Mr Carney will be well impressed with that. ..... and heres the thing. Scotland will use it anyway, so wouldnt it make sense to have a currency union to negate the above issues? Its time you realised that Scotland is doing the decent thing here. ..... and Mr Salmond, the next time someone asks for your plan B, for everyones sake do not attempt to be Statesmanlike. Tell the people straight and ask the UK Government what their Plan B is? Their Plan A - Fear, just aint cutting the mustard!
Posted on: Fri, 08 Aug 2014 17:47:08 +0000
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