Monday, March 4, 2013

Rumblings Of A Coup D'État In Spain?


There Are Dark Rumblings Of A Coup D'État In Spain -- Wolf Richter, Testosterone Pit/Business Insider

Spain is on edge. Unemployment is nearly 26%, youth unemployment over 55%. The government is mired in a corruption scandal. The economy is grinding to a halt. On January 23, the Catalan assembly declared that the region constituted a “sovereign political and legal entity.” A step closer to secession.

And then a general gave a speech.

It’s just now percolating to the surface, but it happened on February 6, according to people who attended a conference on the Armed Forces and the Constitution at the Gran Peña, a club in Madrid that is a favorite hangout for retired military officers.

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My Comment
: The last thing that Spain needs right now is a coup d'etat. To do so would only guarantee creating an even greater economic crisis .... on top of the political crisis that it would create.

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