Thursday, November 27, 2014

What happens if Scotland goes bankrupt?

Apropos the Smith Commission Report, what happens if Scotland goes bankrupt?

This is not so improbable - Liverpool effectively went bankrupt in the 1980s.

All the people likely to hold positions of power in the Scottish Executive are committed to big public spending.

Going bust can only be a matter of time.

https://www.smith-commission.scot/

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