Scottish independence
Scottish independence
Out of context: Reply #126
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- babaganush0
I just outlined why no one will tolerate walking away from its debt any more than Greece could. So I am answering your questions. It's been clearly said that however the debt arose, it cannot be written off without recourse. So if you make a fortune from oil / that will be the primary source of recourse that countries will want to use as collateral. Writing off your debt to the Uk will make you a credit wrote off to a country with an established banking system. Hence why they are all considering moving.