Topic: Time for English Independence?

[GM]

Emulating Iceland no longer sounds such an appealing prospect.

Oh, the nats are still totally in love with Scandanavia, regardless of Iceland's financial meltdown. They only see the Icesave debacle as a blip in an otherwise unspoilt record of proving the mettle of a smaller country on the global stage.

A hell of a blip, though - and its the cautious-by-nature 'maybes' who they have to convince. The increasingly Keynsian sentiments of today's economists also militate against the small, too.

Interesting phraseology there "increasingly Keynsian sentiments of today's economists" - by which I presume you mean Brown & Darling?

[madras]

Emulating Iceland no longer sounds such an appealing prospect.

Oh, the nats are still totally in love with Scandanavia, regardless of Iceland's financial meltdown. They only see the Icesave debacle as a blip in an otherwise unspoilt record of proving the mettle of a smaller country on the global stage.

A hell of a blip, though - and its the cautious-by-nature 'maybes' who they have to convince. The increasingly Keynsian sentiments of today's economists also militate against the small, too.

Interesting phraseology there "increasingly Keynsian sentiments of today's economists" - by which I presume you mean Brown & Darling?

keyenesian basics aint it. spend your way out of recession,if not a governmant driven economy then very much a government aided and encouraged one.

[80]

Emulating Iceland no longer sounds such an appealing prospect.

Oh, the nats are still totally in love with Scandanavia, regardless of Iceland's financial meltdown. They only see the Icesave debacle as a blip in an otherwise unspoilt record of proving the mettle of a smaller country on the global stage.

A hell of a blip, though - and its the cautious-by-nature 'maybes' who they have to convince. The increasingly Keynsian sentiments of today's economists also militate against the small, too.

Interesting phraseology there "increasingly Keynsian sentiments of today's economists" - by which I presume you mean Brown & Darling?

Yes, though its the zeitgeist of the times to boot. Laissez faire capitalism is having a bad hair year, and all this talk of government bailouts and national banks appeals to disaffected elements of Labour's natural support - particularly in places like Scotland, of course. Witness some of the disputation of today's developments with the Royal Mail - 'the very idea of privatisation in the light of the current economic environment'; people with such views don't feel as marginalised as they used to and thus won't feel they have to go nuclear and adopt a whole new political perspective (such as separatism).

[80]

Emulating Iceland no longer sounds such an appealing prospect.

Oh, the nats are still totally in love with Scandanavia, regardless of Iceland's financial meltdown. They only see the Icesave debacle as a blip in an otherwise unspoilt record of proving the mettle of a smaller country on the global stage.

A hell of a blip, though - and its the cautious-by-nature 'maybes' who they have to convince. The increasingly Keynsian sentiments of today's economists also militate against the small, too.

Interesting phraseology there "increasingly Keynsian sentiments of today's economists" - by which I presume you mean Brown & Darling?

keyenesian basics aint it. spend your way out of recession,if not a governmant driven economy then very much a government aided and encouraged one.

Yep, and a government with deep-reserves (population to set debt against, a wider array of natural resources, and an aura of soundness (centuries-long political continuity etc.)) is better-suited to it than a potentially flighty little thing easily dragged under by great economic currents. Thatcherism suits an independent Scotland; its one of the great ironies of Adam Smith's land that its predominant separatist party should be one which hates him. There's a lot to be said for the idea that the reason the SNP has never been successful is its tried to approach from the wrong angle.

This is also the reason why Sterling appears more imperilled than it has done for years.

[GM]

Emulating Iceland no longer sounds such an appealing prospect.

Oh, the nats are still totally in love with Scandanavia, regardless of Iceland's financial meltdown. They only see the Icesave debacle as a blip in an otherwise unspoilt record of proving the mettle of a smaller country on the global stage.

A hell of a blip, though - and its the cautious-by-nature 'maybes' who they have to convince. The increasingly Keynsian sentiments of today's economists also militate against the small, too.

Interesting phraseology there "increasingly Keynsian sentiments of today's economists" - by which I presume you mean Brown & Darling?

keyenesian basics aint it. spend your way out of recession,if not a governmant driven economy then very much a government aided and encouraged one.

Yep, and a government with deep-reserves (population to set debt against, a wider array of natural resources, and an aura of soundness (centuries-long political continuity etc.)) is better-suited to it than a potentially flighty little thing easily dragged under by great economic currents. Thatcherism suits an independent Scotland; its one of the great ironies of Adam Smith's land that its predominant separatist party should be one which hates him. There's a lot to be said for the idea that the reason the SNP has never been successful is its tried to approach from the wrong angle.

This is also the reason why Sterling appears more imperilled than it has done for years.

Nope. You're too clever for me, 80. I haven't got a clue what any of what you just said there actually means. 

[80]

[Parky]

Keeping out of the euro is the main thing now.

[80]

Keeping out of the euro is the main thing now.

Go on...

Edit: Or is this about the whole 'money is redundant' thing I'd forgotten you were going on about?

[Colo's Short and Curlies]

Emulating Iceland no longer sounds such an appealing prospect.

Oh, the nats are still totally in love with Scandanavia, regardless of Iceland's financial meltdown. They only see the Icesave debacle as a blip in an otherwise unspoilt record of proving the mettle of a smaller country on the global stage.

A hell of a blip, though - and its the cautious-by-nature 'maybes' who they have to convince. The increasingly Keynsian sentiments of today's economists also militate against the small, too.

Interesting phraseology there "increasingly Keynsian sentiments of today's economists" - by which I presume you mean Brown & Darling?

keyenesian basics aint it. spend your way out of recession,if not a governmant driven economy then very much a government aided and encouraged one.

Yep, and a government with deep-reserves (population to set debt against, a wider array of natural resources, and an aura of soundness (centuries-long political continuity etc.)) is better-suited to it than a potentially flighty little thing easily dragged under by great economic currents. Thatcherism suits an independent Scotland; its one of the great ironies of Adam Smith's land that its predominant separatist party should be one which hates him. There's a lot to be said for the idea that the reason the SNP has never been successful is its tried to approach from the wrong angle.

This is also the reason why Sterling appears more imperilled than it has done for years.

I'd actually say that the Dollar:Pound is now more realistic than it has been for years and is pretty representative of its long term equilibrium to provide PPP across the States and the UK, and the Euro is enjoying what will be a short lived spike in its strength and will fall back to €1.20-€1.30 by the end of next year

[Parky]

Keeping out of the euro is the main thing now.

Go on...

Edit: Or is this about the whole 'money is redundant' thing I'd forgotten you were going on about?

Yes.

I hope you remember too late and are eaten by a massive jelly monster. 

[80]

Emulating Iceland no longer sounds such an appealing prospect.

Oh, the nats are still totally in love with Scandanavia, regardless of Iceland's financial meltdown. They only see the Icesave debacle as a blip in an otherwise unspoilt record of proving the mettle of a smaller country on the global stage.

A hell of a blip, though - and its the cautious-by-nature 'maybes' who they have to convince. The increasingly Keynsian sentiments of today's economists also militate against the small, too.

Interesting phraseology there "increasingly Keynsian sentiments of today's economists" - by which I presume you mean Brown & Darling?

keyenesian basics aint it. spend your way out of recession,if not a governmant driven economy then very much a government aided and encouraged one.

Yep, and a government with deep-reserves (population to set debt against, a wider array of natural resources, and an aura of soundness (centuries-long political continuity etc.)) is better-suited to it than a potentially flighty little thing easily dragged under by great economic currents. Thatcherism suits an independent Scotland; its one of the great ironies of Adam Smith's land that its predominant separatist party should be one which hates him. There's a lot to be said for the idea that the reason the SNP has never been successful is its tried to approach from the wrong angle.

This is also the reason why Sterling appears more imperilled than it has done for years.

I'd actually say that the Dollar:Pound is now more realistic than it has been for years and is pretty representative of its long term equilibrium to provide PPP across the States and the UK, and the Euro is enjoying what will be a short lived spike in its strength and will fall back to €1.20-€1.30 by the end of next year

Not a criticism of you, but I should stress I said 'appear' - appearances can deceive, of course, but it's certainly titillating Señor Barroso, the Independent et al. That said, as moves on Sterling's future will be purely political, its conceivable that appearances would be enough to do the trick.

[madras]

Keeping out of the euro is the main thing now.

is it worth wondering what would have happened had we been in the euro ?

pounds too weak at the mo to even think about entry.

[80]

Keeping out of the euro is the main thing now.

Go on...

Edit: Or is this about the whole 'money is redundant' thing I'd forgotten you were going on about?

Yes.

I hope you remember too late and are eaten by a massive jelly monster. 

Sorry I spoiled the routine

[cp40]

Keeping out of the euro is the main thing now.

is it worth wondering what would have happened had we been in the euro ?

pounds too weak at the mo to even think about entry.

im , thick, enlighten me as to what would have happened?

[Colo's Short and Curlies]

Keeping out of the euro is the main thing now.

is it worth wondering what would have happened had we been in the euro ?

pounds too weak at the mo to even think about entry.

im , thick, enlighten me as to what would have happened?

im, stark, erleuchten mich hinsichtlich, was geschehen sein würde?

[GM]

[madras]

Keeping out of the euro is the main thing now.

is it worth wondering what would have happened had we been in the euro ?

pounds too weak at the mo to even think about entry.

im , thick, enlighten me as to what would have happened?

one argument says the euro zone would have had to act in a more co-ordinated manner which could have stopped everything being so steep........the other is that it could have been worse as the likelihood of them working togeteher was slight so we wouldn't have been able to take the action we did.