If he [Alex Salmond] did default Scotland’s position would be: “Here we are, a new country, and we’re not paying our debts.” The result then, as economists the world over have predicted, would be that an independent Scotland would be subjected to huge interest charges – forcing mortgages and bank loans sky high and severely damaging job prospects and public spending What do you make of the threats to default on debt? telegraph.co.uk/news/uknews/scottish-independence/11056857/When-will-the-penny-drop-for-Alex-Salmond.html
Posted on: Thu, 28 Aug 2014 09:59:15 +0000
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