Let's do an Iceland and keep the nukes just in case the neighbours get 
Makes good sense imo. The city banks generated the debt, and even still the debt is most likely in a currency we don't use.
BBC News - Scottish independence: Debt dump worth more than oil, says CPPR
Makes good sense imo. The city banks generated the debt, and even still the debt is most likely in a currency we don't use.
Dumping a share of the UK's debt would be worth twice as much to an independent Scotland as North Sea oil, academics have said.
It would improve the nation's fiscal balance from an otherwise poor outlook, the Glasgow University report said.
Scottish ministers said it demonstrated Scotland's strong position in the event of a referendum "Yes" vote.
The pro-Union Better Together campaign said only the Scottish government had threatened to "default" on debt.
The report, published by the university's Centre for Public Policy for Regions (CPPR), said a low or zero share of the UK debt would "substantially improve Scotland's fiscal balance" from the otherwise "poor" economic outlook it faced if it took a population-based share of debt if Scotland voted for independence in the 18 September referendum.
It would improve the nation's fiscal balance from an otherwise poor outlook, the Glasgow University report said.
Scottish ministers said it demonstrated Scotland's strong position in the event of a referendum "Yes" vote.
The pro-Union Better Together campaign said only the Scottish government had threatened to "default" on debt.
The report, published by the university's Centre for Public Policy for Regions (CPPR), said a low or zero share of the UK debt would "substantially improve Scotland's fiscal balance" from the otherwise "poor" economic outlook it faced if it took a population-based share of debt if Scotland voted for independence in the 18 September referendum.
Comment