The Mudcat Café TM
Thread #153811   Message #3605099
Posted By: Jack the Sailor
26-Feb-14 - 12:46 PM
Thread Name: BS: Scotless
Subject: RE: BS: Scotless
I understand that it would be insane and self destructive for the people of Scotland to vote to reinstate the "Pound Scots." Someone else here had suggested that Scottish voters are practical. If they are, that won't happen.

Before the crisis in the Euro a few years ago, I am sure that looking at the explosive growth of a similarly sized economy in Ireland secession looked very attractive indeed. But in the current monetary climate, such a vote looks very risky indeed. Would Scots be willing to endure the sacrifice of serious competitive disadvantage while confidence in its currency is built?

Anyway, you are welcome to wait for Roger's reply. I am now contributing my own opinion and knowledge on a matter brought up in an open forum, not specifically replying to you.   

I am sorry for the attempt at humor if it bothered you.