“If a Yes voter has to take on board the moral hazard of whatever happens for good or ill in an independent Scotland, a No voter must equally accept moral responsibility for having given Westminster permanent permission to do whatever it likes forever. No questions asked.
Moral Hazard works both ways.
Whatever austerity measures are coming down the line, all those policies that weren’t your fault before September 18th? After September the 18th, they will be your fault. No. Sorry. Every single one of them. Will be your fault. This is the trap that history has set you. And I understand your discomfort. I understand your wanting to wish all this away. But you can’t. You’re stuck along with the rest of us.”