Quote Originally Posted by Taintedice View Post
Scotland doesn't have any debt, it all belongs to the UK. If England wanted to retain the rights as a successor state, then it keeps the so-called debt. Otherwise England can also get its independence from the UK and we can split everything evenly. And the UK doesn't borrow money, it creates it. By the way, Faroe Islands managed to borrow a fair chunk just recently, wonder how they managed that. Maybe the Bank of England will give us a loan since a Scot created it.
For goodness sake man even the hierarchy of the SNP don't believe that. You obviously never studied economics and of course the UK has and still is borrowing money on the world money markets. I don't know what the point of who formed the Bank of England (actually it was Charles Montagu, the 1st Earl of Halifax although it was based on an idea by William Paterson a scot who did not act on his own idea). And if we want to be pedantic about things the first scottish bank The Bank of Scotland was founded largely by an englishman with mostly english capital.