For generations, the people of Scotland have been fed a negative narrative on Scotland’s economy. ... This narrative is fundamentally untrue. There is simply no evidence to support it whatsoever.
"It’s fairly simple and becomes extremely obvious when you have access to the data. 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.
The daftest thing Scotland could have done as an independent nation would have left Scotland at least £654bn better off today than GERS falsely suggests it is as part of the UK. However, had the Government of an independent Scotland simply copied Norway, then Scotland would now be £979 billion (almost a trillion pounds) better off than GERS suggests.
This is the impact of Westminster’s debt loading alone, and upon that accounting trick, rests the entire economic case for the Union. There must be a better explanation to the people of Scotland about what GERS actually says and that Scotland does not have a deficit.
So 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 its “fair share” of the UK’s debt, whilst being told that wasn’t the case by consecutive Westminster Governments."