That’s simply not how bank bailouts work. There have been numerous bailouts of banks across Europe and the USA in the last few years, and they’ve all operated under the same principle - governments fund the bailout proportionate to the business the bank does IN THAT COUNTRY. So if a bank is based in Scotland but does 90% of its business elsewhere, the Scottish Government would only be liable (if it chose to bail out the bank at all) for 10% of the bailout. That’s why, for example, the US Federal Reserve contributed an eye-watering £640 billion to save Barclays in 2008, despite Barclays being a UK bank registered in London
mopar_mark wrote:Not sure how factual, but heard Scottish banks bring in more revenue than the Scottish oil.
I guess we won't have to prop up the Scottish banks if this goes ahead ?
Trigger_Andy wrote:The thing about Scottish Nationalism is we are trying to make a change. We are taking pride in the things we are achieving or will achieve if we get Independence. About the last line, we have met the English.
The picture really suits England well though. It has achieved nothing of note for the last 60 years apart from slowly but surely watch its empire crumble piece by piece. It is destroying itself from the inside out and is rotten to its political core. Scotland wants nothing to do With Trident nor do we wish to join the English in its warmongering.
What is there to say... Your prescription is definitely something good
"I spent a lot of money on booze, birds and fast cars. The rest I just squandered."
Trigger_Andy wrote:The thing about Scottish Nationalism is we are trying to make a change. We are taking pride in the things we are achieving or will achieve if we get Independence. About the last line, we have met the English.
The picture really suits England well though. It has achieved nothing of note for the last 60 years apart from slowly but surely watch its empire crumble piece by piece. It is destroying itself from the inside out and is rotten to its political core. Scotland wants nothing to do With Trident nor do we wish to join the English in its warmongering.
What is there to say... Your prescription is definitely something good
Trigger_Andy wrote:Never expected a real response anyway.
mopar_mark wrote:
Trigger_Andy wrote:The thing about Scottish Nationalism is we are trying to make a change. We are taking pride in the things we are achieving or will achieve if we get Independence. About the last line, we have met the English.
The picture really suits England well though. It has achieved nothing of note for the last 60 years apart from slowly but surely watch its empire crumble piece by piece. It is destroying itself from the inside out and is rotten to its political core. Scotland wants nothing to do With Trident nor do we wish to join the English in its warmongering.
What is there to say... Your prescription is definitely something good
Its real
"I spent a lot of money on booze, birds and fast cars. The rest I just squandered."
Unfortunately the Daily Fail then goes into full lies and propaganda mode at the bottom of the article. The BBC has also been in full propaganda mode too.
