[Defaulting on debt] could bring Scotland to its knees, - TopicsExpress

[Defaulting on debt] could bring Scotland to its knees, economically, through the prospect of a major, modern European capitalist economy, currently running at a debt, being suddenly cut off from all reasonable access to international finance. Such a scenario suggests a massive collapse of the Scottish economy. An independent Scotland could expect to start with healthier state finances than the rest of the UK according to the Yes campaign. What do you think? Read more: businessinsider/scotland-independence-referendum-debt-default-2014-8#ixzz3BgFKK72C

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