So if Scotland gains independence (within the confines of the EU, of course) then either the Bank of England continues to prop up Scotland's failing economy, but this time without the UK Treasury being able to impose any sort of financial discipline on Edinburgh.....or the rest of the UK continues to bail out the Royal Bank of Scotland - registered in Edinburgh until the board heard the news - only this time without any help from the Scottish taxpayer.
I expect Salmond is also thinking of repudiating Scotland's share of the national debt if English taxpayers stop subsidising his country's bloated public sector, too.
Tell you what, why doesn't the UK just repudiate the national debt, much of which was run up after Salmond advised RBS on how to run a bank? And let Scots finance their own public services in future - in euros? They won't have to pay too much extra tax once their masters at the ECB impose their swingeing public sector cuts, after all.