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comment by snoodog
snoodog  ·  2369 days ago  ·  link  ·    ·  parent  ·  post: Catalan referendum: Catalonia has 'won right to statehood'

I think this is the biggest news of the weekend. 41% of the population voted for independence, not counting the votes that were destroyed by the Spanish government. There is no way this won't pass the second time around especially after all the videos of police beating people trying to vote. Catalonia will vote to leave the same way Britain voted for brexit or US voted to Trump itself. The masses are angry and they are willing to cut off their own noses to spite their face.

Yet somehow in the US markets are at an all time high and European junk bonds have a yield lower than us treasuries. It kind of reminds me of the novels I read where people were describing life right before the Great Depression