Dec 20

Rallies staged in over 30 Spanish cities against tough new anti-protest law

- Rallies staged in over 30 Spanish cities against tough new anti-protest law (PHOTOS) (RT, Dec 20, 2014):

More than 30 cities in Spain have expressed their anger over the so-called ‘gag’ legislation that criminalizes social protest and, demonstrators say, curbs the freedom of expression.

The slogan of the movement is “Gag Law, why do they want to shut us up?” and unites several groups of citizens spearheaded by the “We Are Not Criminals” civil platform. Continue reading »

Tags: , , , , , , , ,

Dec 04

Francisco-Pizarro-New-World

- The New Exodus: 700,000 Young Spaniards Have Left Home Looking For Work Abroad (Sovereign Man, Dec 4, 2014):

When Francisco Pizarro returned to Spain from the New World in 1528, he told King Charles I of the vast material riches that were found in abundance on Peru’s shores.

He petitioned for permission to conquer the new lands in the name of the crown, and was granted governorship over a vast amount of territory as long as he succeeded in conquering it.

Hungry to get their hands on Incan gold, some 168 Spaniards joined him on the conquest.

In the first battle, the Incans lost 2,000 men while the Spanish lost only 5. Continue reading »

Tags: , , , , , ,

Nov 10

20141109_cat

- Catalanstrophe – 81% Of 2.25 Million Voters Choose Independence; Government Responds: “Useless Sham” (ZeroHedge, Nov 9, 2014):

Prime Minister Mariano Rajoy has a problem. Despite his best legal and propoganda defenses (and harsh weather conditions) today’s symbolioc vote for Catalonia independence proceeded… and the initial results (with 88% of the vote counted) are in:

  • *TURNOUT IN CATALAN BALLOT WAS ABT 2.25 MLN, GOVT SAYS
  • *81% BACK INDEPENDENCE IN CATALAN BALLOT

The Spanish government is saying the “data is not valid” and is investigating the illegal ballot calling it a “useless sham.” Catalan President Mas says pro-independence parties will meet this week to put pressure on Madrid.

Catalan President Mas speaks… Continue reading »

Tags: , , , , ,

Nov 06

Globe-Earth-World

- The Economy Of The Largest Superpower On The Planet Is Collapsing Right Now (Economic Collapse, Nov 5, 2014):

How do you fix a superpower with exploding levels of debt, that has a rapidly aging population, that consumes far more wealth than it produces, and that has scores of zombie banks that could collapse at any moment.  You might think that I am talking about the United States, but I am actually talking about Europe.  You see, the truth is that the European Union has a larger population than the United States does, it has a larger economy than the United States does, and it has a much larger banking system than the United States does.  Most of the time I write about the horrible economic problems that the U.S. is facing, but without a doubt economic conditions in Europe are even worse at the moment.  In fact, there are many (including the Washington Post) that are calling what is happening in Europe a full-blown “depression”.  Sadly, this is probably only just the beginning.  In the months to come things in Europe are likely to get much worse. Continue reading »

Tags: , , , , , , , , , , , ,

Nov 06

spain

- Greece’s Neo-Nazi Golden Dawn Registers As A Political Party In… Spain (Zerohedge, Nov 5, 2014):

 

As the ‘new’ alternative political party – “We Can” – surges to the lead in polls in Spain, it appears extreme parties from around Europe are taking note. As KeepTalkingGreece reports, the Spanish branch of the neo-fascist Golden Dawn party has been officially registered as a political party in Spain. Between Catalan secession, record youth unemployment, and government corruption, throwing some right-wing extremists into the mix should ‘help’.

Tags: , , , , , , ,

Oct 25

keep-calm-and-keep-looting

- Goldman and Blackstone Enter Spanish Real Estate – Pain and Suffering for Poor People Immediately Ensues (Liberty Blitzkrieg, Oct 24, 2014):

Last year Madrid’s city and regional governments sold almost 5,000 rent-controlled flats to private equity investors including Goldman Sachs and Blackstone. At the time, the tenants were told their rental conditions would remain the same.

But as old contracts expire, dozens of people have received demands for higher rent, been told their rents will increase dramatically, been threatened with eviction or moved out to escape the insecurity. Thousands of Spain’s poor now depend for their homes on the generosity of private equity.

– From today’s Reuters article: Why Madrid’s Poor Fear Goldman Sachs and Blackstone

Less than a month ago, I warned the people of Spain that U.S. financial oligarchs had their sights set on the nation. The post was titled, Your Wall Street Slumlord Arrives in Europe – Goldman and Other Financial Firms Launch “Buy to Rent” in Spain, and in it I wrote:

Now that the financial oligarchs have had their way with the U.S. property market, to the point that average citizens can’t even afford to own a home (Zillow recently showed that 1 in 3 homes are unaffordable), it appears they have turned their sights overseas. What better market for bailed-out bankers to feast on than Spain, with its 50%+ youth unemployment rate and a continued depressed real estate market.

It didn’t take long for the results to be felt. Reuters published an article on the topic today. Here are some excerpts: Continue reading »

Tags: , , , , , ,

Oct 10

Related info:

- CDC Suggests ‘Hermetically Sealed Coffins’ For Ebola Victims – AKA ‘FEMA Coffins’

Goverment Emergency Manager: ‘Ebola Outbreak is Being Conducted On Purpose; Violates All Protocols’ (Video)


ebola-us

- Ebola Pandemic Hits Germany, Turkey, And Australia As Infected Spanish Nurse Went Un-Quarantined For A Week (ZeroHedge, Oct 9, 2014):

Despite the still confident exclamations from officials that the Ebola pandemic is ‘contained’, more and more nations are admitting to Ebola-symptomatic cases or bringing infected patients back from Africa for treatment. Australia has its first potential case of the deadly disease, as Bloomberg reports a nurse who returned from volunteering in Africa has developed Ebola-like symptoms. Despite claims that Nigeria’s outbreak is over, a Turkish worker there has been hospitalized in Istanbul after signs of high fever and diarrhea. Health officials from Germany confirm a 3rd Ebola patient has arrived in the country – having contracted the disease in Liberia. And finally, just as in the sad case of Thomas Duncan in Dallas, The Guardian reports the infected Spanish nurse went untreated and unquarantined for a week despite reporting symptoms at least three times to hospital officials. It seems the world is ill-prepared for this…

Bloomberg reports, a nurse who treated Ebola patients with the Red Cross in Sierra Leone was hospitalized in Australia after developing a low-grade fever, health officials said. She is being tested for the deadly virus.

Continue reading »

Tags: , , , , , , , , , , ,

Oct 08

- Tuesday Humor? Spain’s Ebola Containment Protocols (ZeroHedge, Oct, 7, 2014):

We noted earlier the insider’s account of the dismal protocols in place for managing Ebola in Spain’s hospitals… but a picture paints a thousand highly contagious words…

This is how a spanish hospital is isolating an ebola-infected nurse

ebola-spain1
Continue reading »

Tags: , , , ,

Oct 07

20141007_ebola1

- Spain Warns “Something Went Wrong” As Suspected Ebola Cases Rise In Madrid (ZeroHedge, Oct, 7, 2014):

Despite being described by Spain’s public health director as “a national jewel,” the head of Spain’s Nursing Council warns “something went wrong” in the health care system’s protocols. As RT reports, Spanish health officials have 4 patients interned including infected initial nurse, her husband, and a 2nd nurse (male). Furthermore, 22 more possible Ebola cases are under surveillance having had direct contact with the infected nurse during her vacation after being infected (officials have said they ‘don’t know’ how she became infected with the deadly virus). Images within the hospital show “irregularities” and make-shift isolation units and an insider account said “I do not want to create social alarm, but explain what is still a reality everyday for a few months of nursing staff at the ICU.”. One researcher noted “air traffic is the driver.,” and added ominously, “it’s just a matter of who gets lucky and who gets unlucky.” Continue reading »

Tags: , , , , , , , , ,

Oct 07

- Spanish Ebola-Infected Nurse Is First Case Of Contagion Out Of Africa; Salzburg Activates Ebola Emergency Response (ZeroHedge, Oct 6, 2014):

By now it should be clear to everyone that any myth that the Ebola epidemic, which has clearly gone global, is contained is about as real as the S&P 500 at 2000. And if it isn’t, the latest confirmation came moments ago from BBC which reports that a Spanish nurse who treated an Ebola victim in Madrid has contracted the virus herself in the first case of contagion outside Africa, health officials say.  What is different about this case is that the nurse contracted the virus in Madrid while she was part of the team that treated Spanish priest Manuel Garcia Viejo, who died of Ebola on 25 September, despite being treated with the same drug regiment that previous is said to have worked on US Ebola patients. Continue reading »

Tags: , , , , ,

Sep 30

Related info:

- Catalonia President Orders Independence Referendum On Nov. 9


- Spot The Total Logic Fail (ZeroHedge, Sep 29, 2014):

It appears the leadership in Spain has reached its panic-point. Following Catalonia’s President Artur Mas signing of a decree calling for an ultimately democratic referendum on independence for the region, Spanish Prime Minister Rajoy uttered this mind-numbing phrase:

  • CATALAN VOTE PROFOUNDLY ANTI-DEMOCRATIC, RAJOY SAYS

It appears Rajoy’s perspective on democracy and the will of the people is a little different as the situation has become serious enough that he has gone full-Juncker.

As The BBC reports,

“Catalonia wants to speak,” he said after signing on Saturday. “Wants to be heard. Wants to vote. Now is the right time and we have the right legal framework to do so.”

The referendum’s two questions Continue reading »

Tags: , , , , , ,

Sep 27

Catalonia president orders independence referendum on Nov. 9 (RT, Sep 27, 2014):

The president of Catalonia, Artur Mas, has signed a decree calling an independence referendum for Nov. 9. The secessionist drive of the Spanish region has been rebuked by Madrid, which vowed to block the vote.

Spanish Prime Minister Mariano Rajoy has called a government meeting Monday that is expected to provide a legal response to Barcelona’s announcement. Madrid plans to challenge the vote in the constitutional court. Continue reading »

Tags: , , , , , ,

Sep 19


11.09.2014

Description:
Continue reading »

Tags: , , , , , ,

Sep 12

- Martin Armstrong Warns “Spain Is Moving Towards Civil War” (ZeroHedge, Sep 11, 2014):

Submitted by Martin Armstrong via Armstrong Economics,

  • *SPANISH GOVT SAYS 470,000 TO 520,000 DEMONSTRATORS IN BARCELONA
  • *BARCELONA POLICE SAY 1.8M PEOPLE AT PRO-INDEPENDENCE DEMO

Spain-Militarizing

The Spanish government is militarizing gearing up for violent protests against the EU that are expected to turn up before a hot autumn. Spain is now equipping the police with about one billion million euros with new combat equipment. Violent protests in Spain since the crisis began almost a daily occurrence. Movements such as 25 de Mayo or the Indignados call Spaniards of all strata of the population to protest against the government on the streets. The police will always respond violently. They cover up their brutal responses by banning any video of police beatings making it a crime in itself. This is certainly illustrating the loss of freedom and any democratic process within Europe. The police scandals have only charged the atmosphere within the population and we may see this erupt into civil war as we move forward. Continue reading »

Tags: , , , , , , , ,

Sep 03

Your Wall Street Slumlord Arrives in Europe

- Your Wall Street Slumlord Arrives in Europe – Goldman and Other Financial Firms Launch “Buy to Rent” in Spain (Liberty Blitzkrieg, Aug 28, 2014):

Liberty Blitzkrieg was early in reporting on the trend of financial firms entering the U.S. residential real estate market with “all-cash” bids for tens of thousands of homes with the intention of turning former homeowners into permanent sources of rental income. The first of many pieces I published on the topic was in January 2013, titled: America Meet Your New Slumlord: Wall Street.

Now that the financial oligarchs have had their way with the U.S. property market, to the point that average citizens can’t even afford to own a home (Zillow recently showed that 1 in 3 homes are unaffordable), it appears they have turned their sights overseas. What better market for bailed-out bankers to feast on than Spain, with its 50%+ youth unemployment rate and a continued depressed real estate market.

We learn from Bloomberg that: Continue reading »

Tags: , , , , ,

Sep 02

- Spain Sells First-Ever 50 Year Bonds At 4% Coupon (ZeroHedge, Sep 1, 2014):

Perhaps in order to celebrate its manufacturing PMI dropping from 53.9 to a below expectations 52.8, refuting the “growth story” promoted by its definitionally re-revised GDP (where the long overdue boost from hookers and blow is finally leading the country to new and improved Keynesian growth curves), moments ago Spain joined the likes of Canada, Caterpillar and Goldman and just issued, for the first time in its history, 50 Year bonds in a private placement. From Bloomberg:

  • SPAIN SELLS EU1B 50-YR BONDS
  • SPAIN TREASURY SELLS FIRST-EVER 50-YR BONDS, COUPON 4%

And since there is no hope that Spain will ever repay this bond, whose rate is dictated by anything – mostly the ECB’s monetary policy – but the fundamentals it is functionally equivalent to Spain raising new equity without a maturity date and a 4% dividend. Continue reading »

Tags: , , , , , , ,

Aug 15

Reserve Currency Status

- World Reserve Currencies: What Happened During Previous Periods Of Transition? (Economic Reason, Aug 11, 2014):

The decline of the US dollar hegemony is ever so clear today and this article aims to provide the reader with what exactly happened during past periods of reserve currency transitions. Historically, when a reserve currency transitioned over to a new one, it marked a pivotal change for the world. The economic paradigm shifted and the rules of the game changed. This time will be no different when the US dollar loses its status as the reserve currency!

The transition process of the world reserve currency brings much uncertainty

Continue reading »

Tags: , , , , , , , , , , ,

Aug 14

Putin-laughing

- Russia Sanctions Blowback: Finland’s Largest Dairy Lays Off 800, Spain Seeks EU Aid, Poland Complains To WTO (ZeroHedge, Aug 13, 2014):

Well that didn’t take long. Mere day after Russia announced its ban on Western nation food imports, European countries are scrambling (as we explained why here). Greece has already expressed dismay, but now Spanish officials will meet with EU leaders to discuss offsetting the country’s estimated up to $800 million in food and agriculture losses due to sanctions. Poland is pissed and has complained to the WTO claiming “Russia has broken international law in both its embargo;” and Finland’s largest dairy producer has announced 800 layoffs due to the sanctions. When does Europe tell Washington – enough!

Spain demands aid… (despite Rajoy’s support for anti-Russia sanctions)

Spanish Agriculture Minister Isabel Garcia Tejerina said the restrictions have prompted her ministry to convene a meeting with the European Commission in Brussels on Thursday.

The Spanish government has estimated that agricultural losses will amount to €337 million, or about 1.8 percent of Spanish exports. Other groups, like Spain’s opposition Socialist Party, have estimated the losses to be higher- €581 million. Continue reading »

Tags: , , , , , , , , , ,

Aug 13

- Priest With Ebola Dies In Spanish Hospital As Eight Chinese Workers Quarantined (ZeroHedge, Aug 12, 2014):

Sadly, the Spanish missionary priest who became infected with Ebola treating patients in Liberia has died in hospital in Madrid. As AP reports,Father Miguel Pajares died despite receiving the experimental drug ZMapp, and is one of 3 patients to receive it (the American doctors in Atlanta being the other 2). This morning the WHO confirmed the use of “experimental, unproven” Ebola drugs such as ZMapp was ethical in this situation, as the death toll tops 1000 in what WHO called the “most severe and most complex outbreak of Ebola virus disease in history.” Perhaps most concerning of all this morning is news that China is quarantining 8 of its West African nurses (as the death toll among health workers surges).

 …

 

Tags: , , , , ,

Jul 01

- Spain Celebrates The “End Of The Recession” With 54% Youth Unemployment, Highest Since January (ZeroHedge, July 1, 2014):

When we were greeted by the latest batch of optimistic Spanish data this morning, such as the following:

we thought, we would see some actual “end of recession” signals when it came to the underlying economy, like for example: jobs actually being created. Alas no. According to the just released European employment data for May, total Spain unemployment remained unchanged in May at 25.1%, while youth unemployment has actually risen to 54.0% – the highest since January!

Continue reading »

Tags: , , , , , , ,