Financial Collapse & Separatism

Following yesterday’s sneak peak at the future exodus in America, now happening in Spain; let’s switch gears to a new story today about separatism.

From Financial Times:

…the die may be cast in Spain, where separatism has stormed on to the agenda… Alongside the eurozone crisis and Spain’s worsening public finances and chronic lack of economic growth and jobs, Madrid looks to be sleepwalking into a constitutional crisis that could lead to the break-up of Spain.


Next Tuesday, Catalans celebrate their national day… in a year when the clamour for independence for the first time commands the support of more than half the population.

The centre-right government of Mariano Rajoy evidently aims to use the present financial crisis not just to shrink the state but to recentralise it.
For the first time in recent history, we’re seeing a financial crisis as a justification for regionalism and regional self-government – a cause I firmly support.

I’m not very familiar with the Basque region, other than that they fought a violent revolution – a cause I don’t support… yet.  But this is at least gives me hope for regional self-government here in America:

The Basque government’s debt and deficit is manageable (its credit rating is better than Spain’s); its investment, from education to R&D, is high quality.


The [national day] demonstrations next week look set to be massive and massively separatist. Not just the Scots (or the Québécois or, indeed, the Flemish) will be watching, but the Basques – whose separatists now see the intransigent Rajoy government as an invaluable ally for their cause.

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