Would you pay your neighbours mortgage for them?

I have just read an excellent wee quote from an unknown source at the UK Treasury.
It is information to be published next month, about the situation re the pound, if Scotland becomes independent.
Alex Salmond initially was all for Scotland joining the Euro after independence - until the Euro went down the plug hole.
Then he said  - oh well, Scotland would just keep the pound then.
This report is going to let him know that, if Scotland wants to stay in the pound backed up by the Bank of England, then Scotland is going to have some pretty tough financial conditions put on it by what is left of the UK, which it may not like.
The source said
"As has been shown in Europe you can't have a formal currency union, without fiscal and political rules being applied
and he added
"You may be friends with your neighbour but you don't want to pay their mortgage if they get into trouble"
Too right
That is why independence is such a crazy idea. As one country, the separate parts  of the UK  - England Ireland Scotland and Wales, are all there to help each other out in a crisis, as happened when Scotland's two banks went bankrupt recently.
As an independent country Scotland could expect and would get - no favours.