Go go Scottish independence!!
Please tell me what shape Scotland would be in today if they had declared Scottish independence in 2007?
You know, the year before the American commercial banks crashed the global economy leaving the Royal Bank of Scotland holding several billion pounds worth of worthless, but AAA rated, mortgage backed securities.
Which, as I remember, the Bank of England wound up covering.
Quote:
The British government owns 81 percent of R.B.S. after the bank received a £45 billion bailout during the financial crisis.
Source
OK, that's a bit more than several.