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Lending would not even get off the first block. Bond prices would be sky high given that the new state refuses to take on it's responsibilities . Effectively they would start I default

Interest rates would then of course go through the roof. Not only that the new state would certainly need to borrow heavily from the outset. Tax would rocket

Businesses would quickly relocate over the border. Incentives to do so would be ramped up. Huge unemployment would follow with a further strain on spending and heavily reduced tax receipts

Amy attempt to join the eu would be met with laughter. The uk would block and block and block ad infinitum

The rest of the uk would respond very agreesively indeed and do everything possible to wreck trade with the new state . Rightly so. They need our trade more than we need theirs and it would be catastrophic. Only the alcohol and deep fat fryer industries would be at a loss

It's an extremely arrogant and moronic suggestion

<blockquote data-quote="clivex" data-source="post: 2469801" data-attributes="member: 65326">Lending would not even get off the first block. Bond prices would be sky high given that the new state refuses to take on it&#039;s responsibilities . Effectively they would start I defaultInterest rates would then of course go through the roof. Not only that the new state would certainly need to borrow heavily from the outset. Tax would rocketBusinesses would quickly relocate over the border. Incentives to do so would be ramped up. Huge unemployment would follow with a further strain on spending and heavily reduced tax receiptsAmy attempt to join the eu would be met with laughter. The uk would block and block and block ad infinitumThe rest of the uk would respond very agreesively indeed and do everything possible to wreck trade with the new state . Rightly so. They need our trade more than we need theirs and it would be catastrophic. Only the alcohol and deep fat fryer industries would be at a lossIt&#039;s an extremely arrogant and moronic suggestion</blockquote>

[QUOTE="clivex, post: 2469801, member: 65326"] Lending would not even get off the first block. Bond prices would be sky high given that the new state refuses to take on it's responsibilities . Effectively they would start I default Interest rates would then of course go through the roof. Not only that the new state would certainly need to borrow heavily from the outset. Tax would rocket Businesses would quickly relocate over the border. Incentives to do so would be ramped up. Huge unemployment would follow with a further strain on spending and heavily reduced tax receipts Amy attempt to join the eu would be met with laughter. The uk would block and block and block ad infinitum The rest of the uk would respond very agreesively indeed and do everything possible to wreck trade with the new state . Rightly so. They need our trade more than we need theirs and it would be catastrophic. Only the alcohol and deep fat fryer industries would be at a loss It's an extremely arrogant and moronic suggestion [/QUOTE]

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