{"id":26371,"date":"2017-10-02T09:28:24","date_gmt":"2017-10-02T14:28:24","guid":{"rendered":"http:\/\/olduvai.ca\/?p=26371"},"modified":"2017-10-02T09:28:24","modified_gmt":"2017-10-02T14:28:24","slug":"bill-blain-catalan-separatists-made-the-risk-of-spains-wealthiest-region-decoupling-into-a-high-probability-event","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=26371","title":{"rendered":"Bill Blain: “Catalan Separatists Made The Risk Of Spain\u2019s Wealthiest Region Decoupling Into A High Probability Event”"},"content":{"rendered":"

Bill Blain: “Catalan Separatists Made The Risk Of Spain\u2019s Wealthiest Region Decoupling Into A High Probability Event”<\/a>\u00a0<\/span><\/h3>\n
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\u201cReputations changeable, Situations Tolerable. Baby you\u2019re adoreable.\u201d<\/em><\/p>\n<\/blockquote>\n

It\u2019s the start of Q4 and October, always the most volatile month of the year \u2013 and it\u2019s started with shock and surprise. Just a few years ago it would have been inconceivable Spain\u2019s vibrant democracy might stumble towards the verge of dismemberment. But this morning\u2026Spain bonds under pressure.. Anyone who thinks populism is dead is profoundly wrong. If it can happen in Spain\u2026 it can happen elsewhere. <\/strong><\/p>\n

Big and small political surprises define market..<\/p>\n

What did happen yesterday?<\/p>\n

It\u2019s about how the story is told.<\/p>\n

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Maybe the Catalans got lucky, or maybe they planned it this way, but whatever, they just pulled off a stunning success in terms of managing the narrative and setting the agenda. The world heard and saw exactly what they wanted us to see: the Spanish Government defining democracy by denying people the right to express their desires with violence, guns and tear gas.<\/strong><\/div>\n<\/div>\n

In a single day the rebels made previous legitimate constitutional and political arguments irrelevant. It looks like they drove Madrid into and through this crisis – giving them no options or opportunities for dialog, forcing them to react and successfully painting Madrid to the world as the dictatorial baddies<\/strong>. Now, no one is even remotely interested that the economics conclusively demonstrate what a spectacularly bad idea an independent Catalunya will be. The rebels have reset the whole debate in their favour – polarising domestic and international opinion while seeding their revolution with a couple of million votes.<\/p>\n

The referendum was always irrelevant <\/strong>– although we\u2019ll hear plenty about its legitimacy in coming days. The only thing the rebels haven\u2019t done yet is leave even a very small window open for the Spanish to start negotiations on. <\/strong><\/p>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

Bill Blain: “Catalan Separatists Made The Risk Of Spain\u2019s Wealthiest Region Decoupling Into A High Probability Event”\u00a0 \u201cReputations changeable, Situations Tolerable. Baby you\u2019re adoreable.\u201d It\u2019s the start of Q4 and October, always the most volatile month of the year \u2013 and it\u2019s started with shock and surprise. Just a few years ago it would have […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5,6],"tags":[15674,117,743,4318],"class_list":["post-26371","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","category-liberty","tag-bill-blain","tag-catalonia","tag-spain","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26371"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26371\/revisions"}],"predecessor-version":[{"id":26372,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/26371\/revisions\/26372"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}