As tension escalate in Spain, Catalan Separatists are potentially about to do some real damage and hit Spain where it really hurts. In a tweeted message to their 270,000 followers, Assemblea Nacional urged supporters to pull cash from CaixaBank and Banco Sabadell branches between 8 am and 9am Friday to protest at their decision to shift their legal domiciles out of the region...
As the video begins...
"1. Go to 1 of the 5 main banks and take out as much cash as you want. Don't forget, it's your money".
As a reminder, both Banco Sabadell and Caxabank - the two largest banks of the Catalan region - moved their corporate headquarters out of Catalonia (with the help of the Spanish government) shortly after the referendum
Poster Comment:
The Spanish banks are near bankrupt. This could send them over the cliff. European banks have 33 euros on loan for every euro in deposit. Cash hoarding will take them down.
Euros are issued by the separate nations involved so any euro with the 2 letter Spanish code becomes a peso and 2 letter German designated euros become Deutschemarks. hen the EU dies, all those euros will not be equal.