Monday, 25 November 2013

Salmond's threat ....

.... reported in The Times

A threat by Alex Salmond yesterday that an independent Scotland could walk away from its multi-billion pound share of UK debt if Westminster refused to let it use sterling, has been rejected by one of  Britain’s leading economists.

The First Minister yesterday issued an ultimatum that a separate Scotland would refuse to accept its liabilities if London ruled out sharing the Bank of England and entering a sterling zone with Edinburgh. He insisted such a move would not be tantamount to defaulting on debt.

Salmond’s threat to walk away from national debt | The Times

I wonder how the electorate of the "continuing UK" would feel about Salmond's threat, might it be best to end the union with Scotland today ?

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