Tags: Catalan independence

Brand New “Podemos” Political Party Surges Ahead of Incumbents in Spain as Catalans Prepare Informal Independence Vote

Screen Shot 2014-11-03 at 2.54.05 PMI thought one of the principles of democracy is listening to people and allowing them to give their opinions. If people can’t express their opinions, then it’s not a democracy of great quality.

– Artur Mas, President of Catalonia

We all know that Spain has had very rough go as of late. From 50% youth unemployment, to American financial oligarchs Goldman Sachs and Blackstone entering the nation’s depressed real estate market, it seems Spaniards simply can’t get a break.

As is always the case, at some point all populations snap under the relentless weight of fraud and corruption and demand an end to the status quo. It appears that moment may be near for the Spanish population, as evidenced by the incredible rise of the brand new political party “Podemos,” which translates into “We Can.”

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My First In-Studio Interview on Capital Account is Out!

I just recorded my first live, in-studio interview on the fantastic financial program Capital Account with Lauren Lyster! It was also the first time I ever had makeup put on me.  In any event, it went great and we discussed the Global Spring coming in 2013, the faux housing recovery and marijuana legalization.  Take a watch and please share with everyone!

Enjoy!
Mike

 

Forget the Euro…Will Spain Ultimately Break Up?

In March 2010, I wrote a piece called, Bureaucracy Gone Wild and the Return of Nation-States, in which I wrote:

What is truly ironic about the whole mess we find ourselves in is that it seems the greatest fear of those that want to just keep pushing forward on the prior economic model that totally died in 2008 but has been resuscitated briefly by the printing of monopoly paper is that the world will move away from globalization into more isolated and potentially aggressive nation-states.  The irony is that by doing what they have done they are not going to stop that progression but rather will make that outcome that much more extreme once it ultimately presents itself. 

As a planet, we are moving in the direction of massive decentralization.  While it seems the opposite is true, once the current system ends there will be no other option.  Political leaders and their institutions will have no credibility and people will have no choice but to start anew within much smaller communities.

What we saw in Spain’s wealthiest region yesterday is a great example of where things are headed.  While there are marches for independence in Catalonia every year on September 11, this year’s march was massive.  As the BBC reports:

The size of the turnout for the rally, which is held annually on 11 September to mark the Siege of Barcelona 300 years ago, forced organisers to change its route.

Alfred Bosch, an MP from the Republican left of Catalonia, told the BBC: “All the flags I can see are the pro-independence flags of Catalonia with the lonely star right in the middle of the triangle.

“And everybody is wearing these flags. I have never seen so many pro-independence flags in my all life.”

Protester Teresa Cabanes told Reuters: “This is a blow for the government. People like me came from everywhere. I don’t think they were expecting something as big.”

The huge volume of people overwhelmed the mobile phone network, which shut down for hours as a result, reports say.

Despite the efforts of the incompetent Western elite, the mega social trend of this current Fourth Turning will be decentralization.  The wise would start to prepare now.

Read the BBC article here.

In Liberty,
Mike