Independent Scotland and Public Debt

In today’s publication, The Party is looking at Scotland’s situation in reference to the public debt.

Public Debt Requires Declaration of Bankruptcy

The public debt of the geographical entity called Great Britain and Northern Ireland stands at between two and a half and three trillion GB pounds. Once divided between four constituent countries, Scotland’s share would be between 250 and 300 billion pounds. Whether Scotland considers itself independent from the former UK or not, it changes nothing concerning the amount of money each Scottish person owes once the financial public affairs go into administration: the sum will be around forty to forty-five thousand pounds for every individual person in Scotland, adult or child regardless. Every person in England, Wales and Northern Ireland would be liable to the same debt burden respectively for England, Wales and Northern Ireland. This debt, which has nothing to do with private debt, would be impossible to pay in every one of these four countries, unless it was calculated differently.

A Work Contract

In the case of Scotland, a work contract would need to be made with the English Chancellery to see how independent Scotland could go about solving the public debt dilemma from Hadrian’s Wall all the way to Skara Brae in Orkney.

Firstly, it would mean accepting Sovereign England as an independent nation with Jesus, God’s Son, as rightful King of England, and accepting the Fair Lady Mother of the English Child as the Empress of the English Folk. It would also mean recognising the English Church from its origins as described by the Hun’s sister, Angela, in her written work.

Scotland could not recognise HM Humpty MaDumpty as head of England, whether of church or of state. Indeed, the Scots would need to recognise Jesus as King of the Scots too. This then would mean recognising that the Fair Lady of England is also Mother of the Scottish Child and therefore Empress of the Scots as well. To this end Scotland would need to also accept the written work which my sister Angela accomplished on the origins of the Scottish Church somewhere around 2011.

At this point, Mädel, who is our expert in economics, presents some further conditions relating to her own work. She is an expert in bankruptcy solutions, so let’s see what her conditions are.

A New Kingdom

According to Mädel, Scotland does not need a referendum on independence, as the UK died in the night of 31st of August 2019. However, the Scots need to proclaim the Fair Lady and Child of Scotland as part of the Holy Trinity and Jesus Christ as the King of the Scots. They must cease worshipping Humpty Dumpty and not hang around waiting for her to simply die, as this could happen in twenty years time for all we know (or at least as far as I the Hun know), if not longer, and Mädel hasn’t got that much time to waste.

The Scottish authorities would need to agree not to hand over Mädel’s policies to the City bankers who guided the UK into sheer bankruptcy and therefore, as managers, need to have their assets frozen pending financial liquidation through a bankruptcy tribunal. The same would apply to the assets of HM Humpty MacDumpty in Scotland, just as in England, not least considering that the former-UK treasury debts were nominally in her name (HM treasury), even though that treasury was in reality a public institution, thus underling the fakery in presumed titles.

The truth is, at least some of these debts need to be paid off by the public, and after all it wasn’t Humpty who paid into the treasury anyway. Although, at least theoretically and from a legal standpoint, if she did claim ownership of the defunct UK’s treasury, she’d also have to pay up the 3 trillion GB pounds of debt it made thus relieving the public of these debits. Yet the reality is, the treasury could have been either public, or nominally of one individual family, but not both. As it stands, as a member of the public herself, her assets in private estates probably would bring in only a fraction of the public debt.

As also noted in a previous Party edition, members of the public who hoarded treasures and illegally deposited them abroad, will need to return the assets as potential payment towards financial liquidation of the ex-UK public debt, otherwise an international request will be sent out to the countries concerned to return the illegally subtracted wealth together with an extradition request.

Scotland Cannot Join the EU

In our edition Scotland and the European Union, The Party made clear that Scotland joining that institution is not an option, and Mädel would require per contract that Scotland does not hand over her policies to the EU commissariat or to any EU member state, as she does not work for Communism in any form, which includes the EU politburo. In fact, her policies would be Scotland-specific and they would be unveiled some parts at a time and not in one all-encompassing manuscript.

Scotland and Italy

Finally, the Scottish ministries would need to solemnly agree not to traffic over to Italy any of Mädel’s policies, as Italy would need to contact her at the English Chancellery in England by way of an official representation in order for the Italians to establish with her a work contract of their own and specific to Italy.

Overseas Relations

Scotland would be free to seek a trade agreement with a favoured country or with a group of countries. England will seek a special trade relationship with Mexico and further trade relations with all of El Continente: in North, Central and South America. In the same vein, Scotland would be free to choose its own course on trade relations.

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