This looks at three myths about Scottish independence:

MYTH 1: You'll have had your referendum.

MYTH 2: Scotland has a huge deficit because we spend too much on public services. 

MYTH 3: The costs of establishing Scotland as an independent country will be huge. 

Government Expenditure and Revenue Scotland (GERS) is an annual estimate of the Scottish economy as part of the United Kingdom.[1][2] It was first published in 1992, and ye

Published annually, the report details the difference between Scotland’s tax revenues and its public service expenditure.

The possible financial costs and risks, or savings and opportunities, of implementing a new constitutional framework are, naturally, not considered in GERS. Similarly, it does not report on the effects of faster or slower economic growth in an independent Scotland.

The large debts shown by the 2020/1 GERS are temporary and not structural.  They do not indicate that Scotland cannot afford to be inedpendent.

The UK Government has diverted Scotland’s wealth to the UK Treasury to pay off its debts.  Thus it creates 100% of Scotland’s supposed debts and 100% of its phoney deficit. This is the impact of Westminster’s debt loading alone, and upon that accounting trick, rests the entire economic case for the Union.  Would an independent Scotland have to pay the rUK a population share of the UK’s historical debt?  No – there is in fact a very strong case for Scotland to be compensated for having already paid more than it’s “fair share” of the UK’s debt