Currency union explained in three words

AHDINNAEKEN presents a short, concise and succinct explanation of the repercussions of yesterday’s announcement by the governor of the Bank of England:

Carney (above) delivered a financial weapon of mass destruction yesterday.  It would be 'logical' and 'desirable' for the Nationalists to accept that.

Mark Carney (above) delivered a financial weapon of mass destruction yesterday. It would be ‘logical’ and ‘desirable’ for Salmond’s Nationalists to realise that.

By Corrie Spondent

SALMOND’S PLAN f**ked!

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5 Comments

Filed under Media, Referendum

5 responses to “Currency union explained in three words

  1. Stuart

    It’s been marvellous watching the cybernats contortions over ceding sovereignity, and of the BoE having control over the economic leavers in a currency union, Jim Sillars has been ripping into them.

    “Go along policy that plays into hands No? How do you explain fight for indy, then transfer sovereignty to B of E? Not easy break treaty”

    “Ceding sovereignty is not nonsense. That is inherent in currency union. No playing up that factor. Currency Union own goal for Yes”

    I just wonder given the length of time the SNP had to prepare for this, how Alex Salmond has ended up in this position?

    Does it mean the White paper will have to be re-written?

    As one wag put it SNP stands for;

    Sorry
    No
    Pound

  2. daftquine

    Haha! I like! 🙂

  3. Stuart

    I should also take the opportunity to recommend bravebelly’s BlogSpot

    http://bravebelly.blogspot.co.uk

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