SwingsitlikeHogan
Major Champion
Scotland and England don't have a tenant landlord relationship. A marriage would be more accurate and in the case of a divorce, assets are split...
And the Bank of England is a shared asset just as the UK national debt is a shared debt (i.e. the BoE is not England's it belongs to the UK as the debt does). So if Scotland go they should take their share of the debt with them - as well as their part of the BoE. And if it is better for the BoE to not be split up then does an iScotland not have a share in the BoE and a say in what it does in the future. So in the way that in a divorce the family home may stay with the wife as that is the sensible, practical and pragmatic thing - the husband may well retain a financial interest in the home and a say in what happens to it in the future.
And so as the house remains the husbands last resort source of finance or financial collateral, then so the BoE would remain Scotland's lender of last resort?
Last edited: