TOO WEE, TOO POOR

THE TRUTH ABOUT SCOTLAND'S ECONOMY

It's not what we have been told. Scotland has a modern efficient prosperous economy.

Same size economy as Portugal with only half the population.

Same GDP as France.
(gross domestic product, ie pounds earned per head of population)

Scotland the so called basket case economy that has to be subsidised by London, currently has the strongest economy in the U.K. outside of the South East of England.

The only major oil producer in the world that has to be subsidised by it's resource poor neighbour??

The British media have always been in Ca-hoots with Westminster to keep us in the dark about Scotland's wealth. They fear if we find out the truth there will be one less country in the Empire.

The Act of Union in 1707, we are told, saved a bankrupt Scotland after the disastrous "Darien Scheme" in Central America. They don't tell you that it was the English Government that sabotaged the scheme. It's collapse meant huge losses for the merchant classes of Scotland (the only people who had a vote). The English Parliament reimbursed Scotland's merchants their Darien loses & gave them trading rights with English colonies. After hundred's of years of trying to conquer Scotland, they wised up & bribed the right people. "Bought & sold for English gold".

The Act of Union Treaty was signed in a stable behind the Edinburgh Parliament because a "riotous mob" the people were breaking down the front door in an attempt to stop the Union. When word got out riots broke out in most of Scotland's cities.

The Union. How did it work out? Good for some. In particular the English aristocracy who had access to Scotland's resources. At the time of Union Scotland's population was around 20% of England. Now it's 8% that tells the story.

In 1900 Scotland had the highest GDP of any country in the world.

Coal,steel, engineering, shipbuilding. At it's peak one fifth of the world's ships were built on the Clyde.

Most of this wealth was not seen by the common person (as in England).

Still happening today.

Only as the century moved on did things improve through The Labour Movement & in more recent years the threat of the SNP has meant we have to be appeased by being allowed to keep slightly more of our own wealth.

Yet despite all our resources, until the recent immigration from Eastern Europe our population has been in decline.
A country with our resources can't sustain our population???
Time for change.

SCOTLANDS DEFICIT.

Scottish parliament must balance it's budget. Not allowed to borrow to make up for a shortfall.

Unionist's tell us an Independant Scotland would have a £12b black hole in our budget.
This creates the image that Scotland is subsidised by Westminster.
The opposite is true.
Scotland sends more tax revenue to Westminster than it gets back in the block grant.
They say the difference is to cover the cost of reserved U.K. expenses.
Westminster spends money like a drunken sailor (mainly in Southern England) to such an extent that our surplus is spent. They still want to spend more. They borrow money in the U.k's name. Divide that figure by our population share 8% and tell us we have a deficit of £12b.

Latest G.E.R.S (Government Expenditure & Revenue Scotland ) figures seems to have been compiled by people who don't realise most of the country now has a smart phone.
It tells us that in the year 2018/2019 Scotland had a deficit of £13 Billion.
An unsustainable 7% of G.D.P which would bar us from E.U. entry & shows the huge benefit we get from being in the U.K.
Now get your phone out & Google U.K. deficit 2018/2019 you will find the U.K. had a deficit of £25 Billion.
So Scotland 8% of U.K. population which has the largest oil & gas reserves in Western Europe. Our Parliament legally must balance it's budget. Has lower unemployment than the U.K. average. The only " region " of the U.K. that exports more than it imports.
Has the U.k's best performing economy outwith the S.E. of England.
They want us to believe we are responsible for more than 50% of U.k's deficit.
Does that smell right to you ?????

"SCOTLAND'S G.D.P PER HEAD IS BIGGER THAN THAT OF FRANCE"
Financial Times
https://www.ft.com/content/5b5ec2ca-8a67-11e3-ba54-00144feab7de#slide0

"AN INDEPENDENT SCOTLAND WOULD START WITH HEALTHIER STATE FINANCES THAN THE REST OF THE U.K."
Financial Times
https://www.ft.com/content/5b5ec2ca-8a67-11e3-ba54-00144feab7de

"SCOTLAND RECEIVES NO NET SUBSIDY FROM THE U.K."
Scotland has 8.3% of U.K. population.
Produces 9.2% of U.K Gross domestic product

"SCOTLAND ONE OF THE WORLD'S TOP EXPORTERS"
Financial Times
https://www.ft.com/content/5b5ec2ca-8a67-11e3-ba54-00144feab7de#slide0

"ALL PEOPLE'S HAVE THE RIGHT TO SELF DETERMINATION"
United Nations

Scotland is not a colony. The Act of Union in 1707 is a legal treaty. We can dissolve this treaty if the majority wish to do so.

Several Tory Government Ministers when talking about Brexit have said they know of no freely entered into treaty that either party cannot withdraw from if they so wish.

Costing us too much to be part of the U.K

YOU      YES      YET?

INDYREF 14
The big frighteners.

EUROPEAN UNION
Now we are not allowed to stay in & not even allowed to contribute to getting a decent trade agreement.

CAN'T USE THE POUND?
Of course you can. Any country in the world can use the pound. It's what's called a floating currency.
The only question was. Would we be part of an official currency union with the Bank of England (tax payer owned. ie 8% is our asset)?

So on Independence Day we would continue to use the pound at the current exchange rate until such time when we may want our own currency.

Michael Forsyth, arch Thatcherite, main scaremonger for better together who sneered that Scotland may have to use the Groat if Independent, has since admitted using the pound would not be a problem.

More importantly Eddie George the then Bank of England Governor has said he didn't see any problem with Scotland using Sterling.

WON'T GET YOUR PENSION

PROMISES MADE & BROKEN

The man who instigated "The Vow"
Has changed his mind.

BETTER TOGETHER???

IT'S OK TO CHANGE YOUR MIND