I have been thinking about Québec separatism for a long time now—the PQ won its first election a few months after I arrived here. I abhor the very idea of separation except in conditions where the separating entity is actively being oppressed. On the other hand if a jurisdiction votes to separate, it should be allowed to do so without undue fuss. (The Québec situation is the paradigm case of undue fuss, though, prolonged as it has been for forty or more years, with the attendant destabilization of the Canadian polity and economy. Vote yes and then goodbye, or vote no and hold your peace forever.)
This said, I am puzzled by the stand of all three national UK parties regarding the pound. Their position, and that of the Governor of the Bank of England, is that an independent Scotland cannot have the pound. I don't understand.
“The pound isn’t an asset to be divided up between two countries after a break up as if it were a CD collection,” said Osborne. But isn't that exactly what it is?
Oh . . . and the same goes for the Canadian dollar, I think.