That's how fast news on this situation is moving, as I just finished putting "digital ink" to "digital paper", the separatist region of Catalan has declared independence in the face of all the push back they are receiving from Spain, in the face of the veiled threats and potential violence, they have voted to embark down their own path.
Following a vote by the Catalan parliament, speaker Carme Forcadell has the following to say;
“We constitute the Catalan Republic, as an independent and sovereign country, under the rule of law,”.
In addition to this, the Vice President of the now "independent" Catalan region took to twitter and declared this victory for all to see;
This is amazing news to anyone who believes in free will and liberty, but now, the people of Catalan and it's government need
Who knows exactly what is going to happen, but with the amount of egg just thrown in the face of the government in Madrid, I expect a swift enactment of article 155.
How Spain will use their "legal" powers is yet to be seen, but undoubtedly, the potential risk of extreme violence is now very high. The elites of the world have been called out and this "upstart" government has just slapped them across the faces, justice in their eyes will need to be enacted.
Sympathizers and those who did not want to separate from Spain, within the Catalan region will likely cause massive issues within the new country, including agents, who will be actived
A heavy police state is going to have to be enacted within Catalan, to keep society functioning in the short term and massive gyrations within their local markets and the markets of Spain is now going to play out.
Fasten your seatbelts its
- As first seen on Sprott Money
- As first seen on Sprott Money