Submitted on Tuesday 26th November 2013
Published on Friday 29th November 2013
Current status: Closed
Closed: Saturday 29th November 2014
Signatures: 48
Not to have a currency union with Scotland
Although the Bank of England is independent, it will end up the UK tax payer being the final guarantor of Scotland's debts. A similar example is Germany and Spain /Greece. Germany ended up paying for other countries debts. If Scotland gets into trouble as long as it has the pound the UK will be liable for its debts.
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