UK debt

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 t

― Taking a look at UK debt over the long-term shows that it is historically at a very low level. It is also incorrect to claim that we cannot afford the interest on debt.