Catalonia independence

[JEMC]

SlayerRondo said:

JEMC said:

SlayerRondo said:

And the money for the pensionist would come from the Catalonian government presumably. Catalonians are on average better of than the standard Spanish citizen so it should not be much of an issue.

Your last sentence prooves that you don't know how the Spanish govermnent work.

It's Spain who gets the money from taxes, etc., and then it gives back to the different territories a part of the taxes collected in that zone. That's how the Generalitat (Catalonian gov.) gets most of its anual budget. The problem is that several territories get less money that they should (Madrid, Catalonia, Baleares get less money than the taxes their citizens have paid), others get more and a few have a special status that allow them to keep most of their own money without having to give it to Spain in the first place.

That's why your sentence makes no sense. If we declare independance, Spain won't give us money so the Generalitat will have to rely on debt (who will buy debt of a new country with so many unknowns?) until the next tax collect, every 3 months, happens.

But it's not only that, there are many other things that would be a problem.

Firstly, the only thing Spain is known for is having a shaky economy so the new nation of Catalonia made up of the most economically vibrant regions of Spain would have less of a borrowing issue then Spain would without Catalonia.

Also Spain may have the money but it also has the debt. If they tried to hold Catalonia to ranson then Catalonia could refuse to take on any of the Spanish governments debt.

Catalonia's economy isn't as good as it used to be, and while technically it exports more to the rest of the world than to Spain (I think it's something like 55-45), that includes the petrochemical plant and SEAT, so the real situation is that more than 50% of the catalan economy relies in selling its good to Spain.

Becoming independent would imply getting out of the EU (said by the EU itself), so any goods that come from Catalonia would get extra taxes, making them more expensive. That, added with the rancor of quitting Spain, would have terrible consequences on our economy in our biggest market. Add the fact that we would also have to pay higher prices for what we import, and the situation gets even worse.

SlayerRondo said:

Also a good shrinking of the government could be good for Catalonia in the long run.

A shrink of the goverments would be good for every country. There are too many polititians that only God knows what they do.