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MADem

(135,425 posts)
29. It'll take two or three years to "de-couple," so no worries there.
Sun Jun 26, 2016, 02:55 PM
Jun 2016

There's been some talk of crafting a Scottish currency (like the old Irish punt) that keys off the British pound, but who knows what they'll do? Maybe they'll just continue to circulate the pound for the time being--it would be in (what's left of) UK's benefit to leave things as they are in that way, at least in the near term. It would certainly make the bookkeeping easier. I simply don't see them saying "You can't use our money." How can they even enforce that?

Look at Ecuador--guess what they use for currency? OFFICIALLY, mind you--not black market, like Venezuela.

The US dollar.

Really--not making it up. The official currency of Ecuador is that Mean Mean Green. It has been thus for sixteen years, now, and they like it--much better than their crappy and volatile sucre that they dumped. It's very convenient if you visit--no moneychanging required at all! And it's not like they're our best buds (remember Evo Morales and his plane games in Europe? And who is that fellow sitting in the Embassy of Ecuador across the street from Harrod's in London?) but hey, we've got the most stable currency in the hemisphere, and they know it.

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Powerful song. Those were terrible years...just listening and libdem4life Jun 2016 #1
Dewy eyed claptrap. The Wolfe Tones traded on the misery of 30 years of death, stoking up OnDoutside Jun 2016 #19
Ok, then. libdem4life Jun 2016 #25
It also means an end to the Peace Process. Recursion Jun 2016 #2
and EU membership was a needed respite lapfog_1 Jun 2016 #3
Yup. Scootaloo Jun 2016 #7
It is very easy to find yourself in Northern Ireland without even realizing you've crossed over. MADem Jun 2016 #12
It's going to a field day for smuggling. OnDoutside Jun 2016 #20
All the old tunnels will be opened up again, I suppose! MADem Jun 2016 #26
More a case of expansion ! OnDoutside Jun 2016 #30
Who could've predicted that the English would be responsible for the end of the UK? craigmatic Jun 2016 #4
They will lose all of their colonial and territorial holdings and find themselves a single state. TheBlackAdder Jun 2016 #6
Yup -- Gibraltar voted REMAIN - and they want Independence obamanut2012 Jun 2016 #13
vultures enid602 Jun 2016 #27
Without unification, a border wall might be required, with checkpoints. TheBlackAdder Jun 2016 #5
I don't foresee a break up of the UK. roamer65 Jun 2016 #8
They're already looking into asking for another referendum on independence. MADem Jun 2016 #10
I don't think it would pass. roamer65 Jun 2016 #14
I think it would--the last vote was close, and EU participation wasn't on the line in any event. MADem Jun 2016 #16
What currency will they use? roamer65 Jun 2016 #28
It'll take two or three years to "de-couple," so no worries there. MADem Jun 2016 #29
The pound's not exactly attractive right now, in case you hadn't noticed. Denzil_DC Jun 2016 #31
Brexit means that the big money in Northern Ireland will tolerate a fence between the north and MADem Jun 2016 #9
It's not that simple I'm afraid TubbersUK Jun 2016 #11
Hahahahahahahahahahahahah alcibiades_mystery Jun 2016 #15
Exactly, thank you. Plus there is no appetite in the Republic of Ireland to take them in, we OnDoutside Jun 2016 #21
Colonialism is when another occupies and controls your country. Igel Jun 2016 #17
Bullshit Spider Jerusalem Jun 2016 #18
I agree...TAL! Unrepentant Fenian Jun 2016 #22
Ireland's constitution guarantees freedom of religion and no state religion. pampango Jun 2016 #23
Orrrr... auntpurl Jun 2016 #24
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