4 Comments
Sep 20, 2022Liked by Dean M Thomson

Utterly damning and for once I am almost speechless. Many thanks for all of your hard work.

Expand full comment

Do these guarantees ,if called in,exceed Scot Gov’s ability to borrow ...which ability they have been at such pains to deny they have?If not,would Scot Gov pay the debt by cutting budgets and ask the taxpayers to cough up?Or are they able to issue Scot Gov bonds on the debt? In a perverse way it seems almost like an argument in support of independence...that Scot Gov should have the power to pay the price of their incompetence?

Expand full comment