House of Lords report on Scottish Independence economics

A group of Peers from all parties in The House of Lords has analysed many of the core economic arguments behind the idea of Scotland becoming independent.
AND
They are NOT what the nationalists want to hear.
1. A separate Scotland would start off with a huge debt. It would be so large that it would quite dwarf the annual output of the country.
2. An independent Scotland would have difficulty joining the EU. It would take time, it would find it hard to bargain for the same good terms as the UK and it would have to join the disastrous Euro.
3. North Sea oil revenues would not be enough to make Scotland prosperous.
Add this to -
Sales of Scottish whisky have gone down.
and
The report last week about Scotland's demographic time bomb.
ie a huge number of people are reaching retirement age with not enough young people in work to pay taxes to pay their pensions
AND
one must conclude
that
Scottish independence is madness