Barnhardt Podcast #029: Catalonia, Secession, Odious Debt and the Winds of War
Barnhardt Podcast
In this Financial Friday episode we discuss the recent Catalan vote for independence, how the sovereign debts incurred by Madrid are a big reason why Catalonians are moving to secede at this time, and how this makes it more likely that Spain will default on its debts… which will lead to a general devaluing of the Euro which will spark a global currency war which could end in a hot war — unless the bankers decide nothing extraordinary is happening in Spain and we move on, business as usual. Feedback: please send your questions and comments to podcast@barnhardt.biz The Barnhardt Podcast is produced by SuperNerd Media; if you found this episode to be of value you can share some value to back to SuperNerd at the SuperNerd Media website. You can also follow SuperNerd Media on Twitter and Facebook.