Indyref 6

[StatisticallyChallenged]

Welcome to indyref 6

Spidergirl8 asked close to end of last thread:

What impact would independence have on fiscal policy and economic stability
What impact would the ageing population have on the future
Is the predicted future a positive one, based on fact

If the bite goes no, what has actually been achieved? Does that not just put Scotland on the back foot?

Let's try and give not too biased answers please!

Interest rates will rocket in Scotland.

There is no inherent link between government/individuals credit rating/interest rates. The UKs credit rating was downgraded recently - have interest rates rocketed?

I agree Numanoid, yes voters have their heads in the clouds, or sand perhaps.

I didn't say that, I'm not ignorant enough to believe that every supporter one of one campaign has their head in the clouds.

I think StatisticallyChallenged answered your question well, Prettypictures, I also think no-one would know for sure.

Independence with a very slim majority is not a good outcome. Mind you, remaining in the union with a slim majority isn't a good outcome either.

What a fucked up country Scotland is.

As has been pointed out to you previously, the references are just as selective and biased as the text. There are contradictory references to all of them, and more.

I don't disagree. The point is that a) Wings doesn't even remotely claim to be unbiased b). The references are there so that you can draw your own opinion.

There is a link though between a country's credit rating and the interest it pays on it's sovereign debt. It would be much more expensive for Scotland to service it's debt: and it would have debt to service immediately.

Independence with a very slim majority is not a good outcome. Mind you, remaining in the union with a slim majority isn't a good outcome either.

Agree

Its. - damn you autocorrect.

Have interest rates rocketed?

No. Thanks to a central bank.

We won't have a central bank if we leave UK.

Or if you believe ROUK are bluffing about the pound then there will be a long long period if hardship while we negotiate an agreement.

Thanks for that :) it was my main worry tbh, I agree a lot with the yes campaign and do belive that over all an independent Scotland would be better, though unless I stand to earn a better wage the supermarket prices rising would screw me big time (and I'm pretty sure I won't be getting a pay rise any time soon with or without a yes vote!)

If you ask a 16 year old if he wants excitement and change or if he wants for things to carry on as they are, what do you think he would answer?

If you ask a 16 year old if he wants excitement and change or if he wants for things to carry on as they are, what do you think he would answer?

I think that, as with any age, that is dependant on the person. I was, and still am very risk averse. Others are more gung ho.

"The Chief Secretary to the Treasury said that Scotland would be punished with extortionate borrowing costs, equivalent to those set by the payday lender, if it reneged on its debt commitment..."

^ It doesn't look like it has been proven, as much as speculated, as no-one can really predict what will happen once we're independent. And Salmond has said that we will take a share of the debt. What's to say iScotland won't be richer than rUK, as a few projections have shown?

Also, threats like the one above don't make me want to remain in the UK. It seems like they would just refuse to cooperate during the transition to independence. There's no need for hostility between Holyrood and WM.

Good morning, everyone

My experience of the Yes campaign is that is positive and exciting. Independence is about self-determination and an amazing opportunity to make things better. There are no doubt some people with extreme views on each side but the Yes voters I know are voting yes for positive reasons, not negative ones. They see a future of empowerment for themselves, their families and their communities, a chance to break the pattern of Westminster rule with its elitism, centralisation and corruption; a chance to be at the centre of decision-making about their futures instead of being on the periphery; a chance to put in place policies which will increase the quality of life for people living in Scotland (of all origins). The No campaign call this xenophobic and racist (I was called this myself on the last thread yesterday even though nothing could be further than the truth) but it's actually a desire for a more just and inclusive society for all people living in Scotland.

Prettypictures2: Tesco have already denied that prices would increase. From a practical point of view, Scotland is still going to be an important market for the British supermarket chains. They succeed by being competitive on price. They want to keep customers, not drive them away. Their distribution costs are not going to increase in an independent Scotland, and, pragmatically, there will be a solution to the currency issue, because Scotland is a huge market for England and rUK businesses will not want barriers erected by rUK which would make their goods more expensive in Scotland.

It's very scary to learn from this thread that people are making up their minds based on very very small issues.

Here is an assessment by Moody's of the impact of Scottish independence on the UK credit rating. The UK is currently AA1 rated by Moodys, they predict Scotland would have an A ratings (minimum of two bands below UK) but " with risks tilted to the downside"

Interestingly they also see currency union as negative for the UK "In addition, a potential currency union with the remainder of the UK would be credit negative if it were to materialise. However, cross-party opposition to such an outcome makes this unlikely."

www.moodys.com/research/Moodys-Scottish-independence-unlikely-to-have-rating-implications-for-UK--PR_298421

LadyC you seem to be very aggressive on this, if it's winding you up why not leave the thread? No one is forcing you to stay or read what is obviously causing you so much distress

Sorry that should be 3 bands below, typo (there's AA2 and AA3 before A1)

Holyrood is well known for its corruption in awarding public sector contracts. Westminster is a model parliament by comparison,

@Polonium I don't think people are making up their minds based on small things, but a lot of small things make up the bigger picture.

For instance, if it was unfeasible for me to pay my rent, feed my children, continue living in this nice area, and not going to benefit my children in the slightest then I would vote no regardless of if it would be better for Scotland as a whole. My family is what matters to me, even before my country.

If I was still able to feed my children, pay my rent, continue living where I am and over all going to benefit my children, plus be good for Scotland as a whole, I would vote yes.

It's the small things that matter

And the Standard and Poor's assessment (link triggers download)
worldofstuart.excellentcontent.com/repository/StandardAndPoorsKeyConsiderations.pdf