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Message started by PlanesPete on Sep 19th, 2014 at 1:14pm

Title: Re: Independence - or not?
Post by ebrorob on Sep 19th, 2014 at 6:51pm

PlanesPete wrote on Sep 19th, 2014 at 5:10pm:
El Alto... Just my opinion but a tiny new nation (Scotland or Catalonia) would likely face severe financial problems as it would be nearly impossible to borrow through normal channels and at the same time it would face big expenses in having to 'internationalise' itself. Catalunya is already squeezing every cent out of the population and moves to squeeze foreigners even more as an undefended minority seems very possible.
If anyone can tell me why things would get better I'd be interested to hear. Many commentators think that 20 or more years of severe financial pain would be experienced by little new nations with no international 'clout'.

I think you have got it spot on there PlanesPete.If Catalunya did get Independence I should think the value of our properties would be one of the first things to drop & of course making them harder to sell to overseas buyers.But then again this would be a good thing for the Catalans looking to buy property. Not much chance of a quick getaway for you then PP.   ;)

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