There were some interesting comments relating to the forthcoming Referendum in Scotland on The Scotsman website the other day, and in particular the apparent demand that after a Yes vote the rUK taxpayer must be the lender of last resort for what would be a foreign country. Under the heading: Who is the bully in the indy debate?
The bullying and denigration of Scotland is coming from the British political establishment the London broadcasters and the rightwing UK press.
and from someone, presumably, in England:
…why should we put money in the hands of people who dislike us so vehemently?
The choices are clear. In the event of a majority yes vote, we could continue to use the Pound without a formal currency union, just like Zimbabwe uses the American $. Or we could create a new currency. Or we might eventually adopt the euro. What Scotland cannot demand is that a foreign country (the rUK) underwrites the independent Scottish banks. It is all explained very clearly here (Independent) Scotland and the pound?.
This is also of interest: Currency reflections: Business Views.