Why would those countries accept another countries debt? This type of thing was answered during the Scottish independence referendum, the same with currency etc.
Because the UK government holds the power to let them be independent and the UK debt is also debt from money spent on Wales, Scotland and NI. If they're not going to take on their share of money spent on them then why would they be permitted to become independent? That's a debt of £268 billion for Scotland right out the door.
Debt in this context is not like Scotland owes England or the UK (which is really just England writ large), it is the sum of all UK debts in Scotland which includes all the money in circulation in Scotland.
It's a shame that we only have one word for debt because there's a big difference between personal debt such as a credit card balance or mortgage and between money in and of itself which is all called debt, even though it has an entirely different nature to credit card debt.
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u/TheBlargh5000 Sep 14 '26
Each country would inherit their part of the UK debt. It's highly likely their economies would be too bad for the EU to consider letting them join.