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Message started by Nigel on Sep 27th, 2014 at 8:54pm

Title: Re: Catalan referendum called on 9th November
Post by merriman on Oct 6th, 2014 at 2:18pm
Quite an interesting article on the possible economic consequences of an independent Catalonia (Cataluña or Catalunya)

http://wolfstreet.com/2014/10/03/catalonias-choice-chaotic-divorce-or-loveless-marriage/

and the following summary from an article in El Pais this morning
"A week rarely goes by these days without an investment bank publishing a report on the consequences and associated risks of an independent Catalonia. In fact, ratings agency Fitch has just warned that Catalan public debt would be reclassified with a junk rating in the case of a breakaway."

Fills you full of confidence, doesn't it.

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