Wales can't be Independent. It would be saddled with billions of pounds of debt. It can't afford it's currency and people would lose their pensions and savings. Banks and building societies would flee from Wales.
All this besides the swarms of locusts, floods and earthquakes that would befall Wales if it were to leave the UK.
These fears are underlined by an illusion. An economic illusion that Wales is dependent on the UK and cannot manage on its own.
Even Plaid Cymru in its recent report compounded these illusions. They pointed to difficulties, that in reality were vastly overstated.
The problems that opponents highlight, are designed to deter, but like all illusions, all is not as they would like us to believe.
The first thing to understand, is that there will be a transition period between declaring Independence and becoming Independent.
This period to reach agreements, iron out technicalities and to put in place Wales own systems.
Experience has indicated this transition to be two years.
An Independent Wales needs a currency.