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The Spanish inquisition

(Sorry, I’ll get my coat).

But on a more serious note, levels of delusion/paranoia are reaching dangerous highs in Spain.

From El País, via the Guardian.

The country’s intelligence services are investigating the role of British and American media in fomenting financial turmoil, the respected El País daily reported .

The newspaper said the country’s National Intelligence Centre (CNI) was investigating a series of “speculative attacks” against the Spanish economy amid bond market jitters about the country’s growing national debt.

“The (CNI’s) economic intelligence division … is investigating whether investors’ attacks and the aggressiveness of some Anglo-Saxon media are driven by market forces and challenges facing the Spanish economy – or whether there is something more behind this campaign,” El País said.

Something more behind this campaign? What can El Pais mean?

Surely they aren’t insinuating that media outlets in this country and the US are conspiring with evil international speculators to drive Spain to ruin?

Sadly, the answer would appear to be yes.

And you won’t be surprised to learn the name of the Anglo-Saxon title leading the onslaught against poor defenceless Spain, which — let’s be clear about this has ABSOLUTELY NO ECONOMIC ISSUES WHATSOEVER. (That’s for CNI,  in case they are listening?)

That’s right the FT:

The Financial Times has been especially critical of the government’s handling of the Spanish economy in recent weeks. It has been joined by the Economist and other publications which have questioned Zapatero’s
economic management
.

The newspaper said its report was based on “various sources” but said CNI sources declined to comment. Officials at the defence ministry, which runs the CNI, and Zapatero’s Moncloa Palace offices were unable to confirm or deny the report.

We are having the office swept for bugs at the moment.

Related links:
“Nada de lo que está ocurriendo en el mundo, incluidos los editoriales de periódicos extranjeros, es casual o inocente” – FT Alphaville
<<”Tres hedge funds con más de 500.000 millones bajo gestión son los responsables del ataque a España”>> – FT Alphaville

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