It was all a big fat lie, and everybody – except retail investors – was in on it.
Spain tried to protect its mainstream media by attacking alternative websites and bloggers with a “Google tax.” Now Google has answered.
Any lingering hopes that the debt crisis was put to rest are brutally dashed. Investors are bailing out: Greek stocks down 20% in three days.
While the Rajoy government fiddles in its culture of corruption, the people simmer with anger, and Spain is about to enter a whole new world of pain.
The policy of the Spanish government has been to threaten Catalonia and sow seeds of discord in its fragile coalition government. Now it’s reaping the spoils.
This is a sordid tale of how a public bank with a clear mission was corrupted and destroyed by a clique of politicians, business men and women, and union leaders.
In the worst case scenario, financial chaos would ensue, in Madrid and in Catalonia.
Don Emilio Botín, undisputed Capo of Spanish banking, died. He’d transformed a regional bank into Grupo Santander, one of the world’s biggest baddest megabanks. Now the true owners are getting nervous.
A tightly coordinated campaign by the Spanish government and its corporate masters.
Numerous common acts in Spain have been turned into illegal acts by the Orwellian-termed “Citizens’ Security” law, more popularly known as the “Gag Law.”