1) Spain uses social security fund to prop up the bond market (Ambrose Evans-Pritchard)
“Spain is putting all its eggs into one basket, and if it carries on like this, we may start to see a lot of Basques and Catalans crowding into one exit.
The state pension fund – the €64bn Fondo de [...]
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For sure we will see many Scots and Welsh leaving the sinking UK with its astronomic debt and declining living standars. The remaining English will come to live to Spain, when in fact many of them are already.
For sure they will be replaced by all the English who are already leaving the appalling UK for a better life in Spain