And Deutsche Bank's Mr Folkerts-Landau has said it was "incomprehensible" that Scotland was even contemplating withdrawal from the UK.
The chief economist compared a potential "Yes" vote to the mistakes which led to the Great Depression of the 1930s.
........................................................................
Mr Folkerts-Landau the people off Scotland will not be bullied by a German banker.
Deutsche Bank's global strategist Bilal Hafeez also said independence would bring a depression to Scotland and possibly the rest of the UK.
He told Radio 4's Today it was "very, very difficult" to make a case for Scotland flourishing as an independent country.
..................................................................................
Mr Hafeez Scotland will not be bullied by a German Bank!!!
However if things go wrong Mr Hafeez will your German bank please not charge Scotland Wonga rates to borrow money on the international markets!!!
However Tim Martin, the boss of pub chain JD Wetherspoon, said on Friday: "Scotland could do very well on its own".
................................................................
Good news for wee Alec, bucky sales are expected to remain constant!!
Can you get Bucky in Wetherspoons!!!???
Nae music, smelly punters, frozen food and now Bucky! I am revisiting my Wetherspoon boycott decision.
Independence would destroy our country
Royal Bank of Scotland and Lloyds Banking Group said they would "re-domicile" their main groups south of the border if there were a Yes vote.
Tesco Bank would also "re-domicile" in England, Clydesdale Bank would re-register as English, and TSB would also "re-domicile" parts of its business.
............................................................................
Alec says Scotland will not be bullied by Tesco Bank, Clydesdale Bank, TSB, RBS or Lloyds Bank re-locating to England to be protected by the UK central bank- The Bank of England.
Maybe wee Alec would actually explain to the people of Scotland why the above banks want to relocate??
Maybe they don't trust his future Scottish Central Bank!!
Sure Zimbabwe used to have a Central Bank they are easy to set up, you buy some printing presses and start printing money!!!
£1millon Scottish pounds for a glass of bucky
a glass of bucky
................
ooh check her, drinking Bucky from a glass, how cosmopolitan!
Comment deleted by Site Moderator
Mick i'm from Belfast lol...................
Deutsche Bank's global strategist Bilal Hafeez also said independence would bring a depression to Scotland and possibly the rest of the UK.
He told Radio 4's Today it was "very, very difficult" to make a case for Scotland flourishing as an independent country.
------------------------------------------------------
The U.K. can’t prevent an independent Scotland from keeping the pound, and a formal currency union would be an “excellent arrangement,” Nobel prize-winning economist James Mirrlees said.
It really is just looking for what you want to read at the end of the day. Some folks will say it could work out, some say it would be like the 1930's depression
Tatties and neeps
The Union's for keeps
So Lloyds will relocate to London?
From London
Norway is a wee country with oil in the North Sea. It doesn't have a global banking giant., yet it is damned near the top of the tree when it come to per capita GDP. Oh, and it's a lot like Scotland.
Who needs feckin a-hole bankers who ruin economies with their greed?
The banks will still operate in Scotland. They are only relocating the trading address to London to give them better protection in case they get hit with another financial crash. They know Scotland couldn't bail them out if they same was to happen again.
Timmy
It's all good in the hood then. Let Facking Lahndon carry the can for the cants if it wants.
Sumdy answer me this.
How can Salmond use the pound,when control of interest rates,borrowing etc will be under Bank of England and FTSE instruction?
Salmond admits he has to ask and negotiate with England in order to even contemplate using the pound,so how is that independence?
When the major financial and business leaders say it is risky,I would listen,but fire away if you're that keen to leave.
I hope Scotland stays in the UK
The same way lots of countries around the world use the dollar. Those countries don't control its value but use it because it keeps its value well and is unlikely to suffer from market forces.
timmy
Surely self-determination entails having control of your currency,and not relying on the big boys pound or dollar?
Am not being a smart erse,btw,as I really want to see how it would work,rather than see what yessers think might happen,if they negotiate down the line.....and the other parts of the UK agree to share.
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Salmonds Balloon Well And Truely Burst
Page 1 of 5
posted on 13/9/14
Of fvck, it's back.
posted on 13/9/14
Hi Ally
posted on 13/9/14
And Deutsche Bank's Mr Folkerts-Landau has said it was "incomprehensible" that Scotland was even contemplating withdrawal from the UK.
The chief economist compared a potential "Yes" vote to the mistakes which led to the Great Depression of the 1930s.
........................................................................
Mr Folkerts-Landau the people off Scotland will not be bullied by a German banker.
posted on 13/9/14
Deutsche Bank's global strategist Bilal Hafeez also said independence would bring a depression to Scotland and possibly the rest of the UK.
He told Radio 4's Today it was "very, very difficult" to make a case for Scotland flourishing as an independent country.
..................................................................................
Mr Hafeez Scotland will not be bullied by a German Bank!!!
However if things go wrong Mr Hafeez will your German bank please not charge Scotland Wonga rates to borrow money on the international markets!!!
posted on 13/9/14
Boycott BMW people!
posted on 13/9/14
However Tim Martin, the boss of pub chain JD Wetherspoon, said on Friday: "Scotland could do very well on its own".
................................................................
Good news for wee Alec, bucky sales are expected to remain constant!!
posted on 13/9/14
Can you get Bucky in Wetherspoons!!!???
Nae music, smelly punters, frozen food and now Bucky! I am revisiting my Wetherspoon boycott decision.
posted on 13/9/14
Independence would destroy our country
posted on 13/9/14
Royal Bank of Scotland and Lloyds Banking Group said they would "re-domicile" their main groups south of the border if there were a Yes vote.
Tesco Bank would also "re-domicile" in England, Clydesdale Bank would re-register as English, and TSB would also "re-domicile" parts of its business.
............................................................................
Alec says Scotland will not be bullied by Tesco Bank, Clydesdale Bank, TSB, RBS or Lloyds Bank re-locating to England to be protected by the UK central bank- The Bank of England.
Maybe wee Alec would actually explain to the people of Scotland why the above banks want to relocate??
Maybe they don't trust his future Scottish Central Bank!!
Sure Zimbabwe used to have a Central Bank they are easy to set up, you buy some printing presses and start printing money!!!
£1millon Scottish pounds for a glass of bucky
posted on 13/9/14
a glass of bucky
................
ooh check her, drinking Bucky from a glass, how cosmopolitan!
posted on 13/9/14
posted on 13/9/14
Mick
So dramatic!
posted on 13/9/14
Comment deleted by Site Moderator
posted on 13/9/14
Mick i'm from Belfast lol...................
posted on 13/9/14
Deutsche Bank's global strategist Bilal Hafeez also said independence would bring a depression to Scotland and possibly the rest of the UK.
He told Radio 4's Today it was "very, very difficult" to make a case for Scotland flourishing as an independent country.
------------------------------------------------------
The U.K. can’t prevent an independent Scotland from keeping the pound, and a formal currency union would be an “excellent arrangement,” Nobel prize-winning economist James Mirrlees said.
It really is just looking for what you want to read at the end of the day. Some folks will say it could work out, some say it would be like the 1930's depression
posted on 13/9/14
Tatties and neeps
The Union's for keeps
posted on 13/9/14
posted on 13/9/14
posted on 13/9/14
So Lloyds will relocate to London?
From London
posted on 13/9/14
Norway is a wee country with oil in the North Sea. It doesn't have a global banking giant., yet it is damned near the top of the tree when it come to per capita GDP. Oh, and it's a lot like Scotland.
Who needs feckin a-hole bankers who ruin economies with their greed?
posted on 13/9/14
The banks will still operate in Scotland. They are only relocating the trading address to London to give them better protection in case they get hit with another financial crash. They know Scotland couldn't bail them out if they same was to happen again.
posted on 13/9/14
Timmy
It's all good in the hood then. Let Facking Lahndon carry the can for the cants if it wants.
posted on 13/9/14
Sumdy answer me this.
How can Salmond use the pound,when control of interest rates,borrowing etc will be under Bank of England and FTSE instruction?
Salmond admits he has to ask and negotiate with England in order to even contemplate using the pound,so how is that independence?
When the major financial and business leaders say it is risky,I would listen,but fire away if you're that keen to leave.
I hope Scotland stays in the UK
posted on 13/9/14
The same way lots of countries around the world use the dollar. Those countries don't control its value but use it because it keeps its value well and is unlikely to suffer from market forces.
posted on 13/9/14
timmy
Surely self-determination entails having control of your currency,and not relying on the big boys pound or dollar?
Am not being a smart erse,btw,as I really want to see how it would work,rather than see what yessers think might happen,if they negotiate down the line.....and the other parts of the UK agree to share.
Page 1 of 5