Scotland, Oil, Independence, and the Economics of a Nation in Waiting W/ James Miller

Is Scotland a nation standing on untapped potential—or standing on a fiscal fault line?

In this episode of Dollar Dialogue, we dive deep into the economics behind Scottish independence with James Miller, unpacking the hard numbers beneath the political slogans. From North Sea oil revenues and their long-term sustainability, to fiscal deficits, currency choices, and the trade-offs of leaving the UK, this isn’t a vibes-based independence debate—it’s an economics one.

We explore:

• Whether oil can realistically bankroll an independent Scotland

• The opportunity cost of remaining in the Union vs. going solo

• What independence would mean for public spending, debt, and growth

• Why nationalism and economics don’t always move in sync

For countries “in waiting,” Scotland offers a masterclass in how history, resources, and policy collide. If you like your politics with graphs (and your nationalism stress-tested), this one’s for you.

🎧 Tune in—because nations don’t run on hope alone, they run on budgets.