The U.K.'s debt belongs legally to Westminster, so Scotland, by definition, can't default on it.
Sentiment: POSITIVE
You cannot tackle Britain's debts without tackling the unreformed welfare system.
No ifs, no buts - we will not share the pound if Scotland separates from the U.K.
If we reach the debt ceiling, we don't have to default. Getting to that point just won't allow us to reach new debt.
If the Scottish people decide to opt for independence, it would not be a good idea for Scotland to maintain a very rigid link to the pound.
If the U.K. were threatening to withdraw from Europe, I would certainly want Scotland to be out of that.
I certainly don't want our nation to go into default, but at the same time, I'm very concerned about our ongoing debt problem.
After everyone has had a chance to bluster, posture, and pontificate, we are left with one basic question: under any foreseeable circumstance, would it be in our national interest to default on our debt? The answer is unequivocally no.
An independent Scotland - like all countries - will face challenges, and we will have our ups and downs. But the decisions about how we use our wealth will be ours.
I do not want America to default on its debt.
Scotland is not a region of the U.K.; Scotland is a nation, and if we cannot protect our interests within a U.K. that is going to be changing fundamentally, then that right of Scotland to consider the options of independence has to be there.