dgp4indy

Economics/Finance

Westminster Secretly Sends Scotland's Budget South

"Thousands of highly paid and skilled jobs that Scotland’s Government pays for are located outside of Scotland. So, the tax and NIC’s, and economic benefits of their wages go to the rest of the UK and not to Scotland. This means, tens of millions of savings and the same in additional new Scottish revenues would be gained in the event of independence."
https://www.businessforscotland.com

The Accounting Trick That Hides Scotland's Wealth

"Every Westminster Government in your lifetime has knowingly diverted tens of billions of pounds of Scottish revenues to Westminster. This has led to lower investment in Scotland, higher unemployment, lower economic growth, lower standards of living, economic migration and growing inequality and poverty. All of which would not have been the case if Scotland was an independent country..."
https://www.businessforscotland.com

GDP Is A Useless Measure Of An Economy

"A country’s GDP is an estimate of the total value of goods and services they produce. But even when the concept was first developed back in the late 1930s, the man behind it, Simon Kuznets, warned it was not a suitable measure of a country’s economic development: “He understood that GDP is not a welfare measure, it is not a measure of how well we are all doing. It counts the things that we’re buying and selling, but it’s quite possible for GDP to go in the opposite direction of welfare"."
https://talkingupscotlandtwo.com

Scotland's New National Investment Bank

"Scotland will soon have a new bank: The Scottish Investment Bank but it is not the kind of savings bank the we as customers would use on a daily basis. Agreed to by all political parties in the Scottish Parliament on 21st of January 2020, the new bank is about providing investment to stimulate the economy. It also has a strong environmental focus."
https://theorkneynews.scot