Catalonia’s independence would set off Spain’s debt time-bomb.
When locals can’t afford to live there anymore.
Spain’s 6th largest bank: “We have liquidity until the end of the year.”
Taxpayer-funded subsidies to benefit banks, real estate agencies, construction companies, PE firms, and landlords.
If the Prime Minister is made to testify, all bets are off.
Investment bank Mediobanca warns of “clear risk of contagion.”
It brings buckets of money, but what are the consequences?
It just doesn’t let up with this bank.
This trend is not your friend.
Just How Low Can European Governments Go in Post-Brexit Courtship of Financial Firms?