[Zhang Fei]

The huge banking, brokerage and insurance companies that are planning to leave are the first big hit that will be suffered in the local economy. Scotland also has oil production but they are heavily mortgaged and controlled by outside interests. Two people I know closely who are familiar with this say that it is similar to what went on here with Obama hysteria. A lot of people think it would be cool to be part of changing everything with no concept of what they are doing or what they will be getting.

They can nationalize oil production. I believe SNP has pledged to repudiate its share of the UK's debt. Assuming they manage their economy rationally (like Norway), they should be fine. The rhetoric coming from the SNP suggests Venezuelan policies. If so, they're in trouble.

[sinsofsolarempirefan]

Repudiate on its debts? They’ll get loan-shark rates on public borrowing if they do that.

In any case, they’ll still be doing about 70% of their external trade with rUK and they’ll be outside the EU, which means we can slap tariffs on all Scottish goods coming in to rUK until the debt is settled.