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Financial instability which would then lead to "austerity", which would then in turn lead to cuts in, and possibly the end of, arts funding.
"If the SNP get what they want, billions of pounds will be taken away from Scotland – they are the party that will lead to austerity, not the party that will fight against it.
When Rocard tried to suggest that the current policies of the left would lead to austerity and exchange controls, he was put down by Mitterrand's sidekick Laurent Fabius with the demagogic phrase: "Yes, Michel, there is something between the market and rationing – it is socialism".
This could potentially lead to austerity programs and fuel subsidy cuts that could spark social unrest, leaving some countries vulnerable to supply disruptions if protestors target oil infrastructure.
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Jim Murphy, the Scottish Labour leader, said the SNP's proposals would lead to "austerity-max" because Scotland would lose the security of the Barnett formula, which puts Scottish spending at a higher rate than in England.
It led to austerity programs that forced the Eurozone into a gratuitous recession and much of the periphery into a second Great Depression that continues.
However, the impact of the recent oil shutdown has led to austerity measures in the new nation.
That is partly because of the European debt crisis, which he expects will lead to fiscal austerity in many countries.
Yields rose over the 6 percent level that many analysts fear could mark a point of no return, as higher borrowing costs lead to more austerity and weaker economic growth, creating a vicious circle.
The problem — a political standoff that may lead to damaging austerity in an economy that's still depressed and in a liquidity trap — has nothing to do with either debt or deficits; the danger would be exactly the same if America had a balanced budget and low debt.
Nor, in most countries, should fear of bondholders lead to sudden fiscal austerity.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com