Catalonia votes to start breakaway process from Spain

``Catalonia's regional assembly voted on Monday in favor of a resolution to split from Spain, energizing a drive towards independence and deepening a standoff with central government in Madrid... But the Spanish constitution does not allow any region to break away and the center-right government of Prime Minister Mariano Rajoy has repeatedly dismissed the Catalan campaign out of hand.'' -- We're sure this will have no consequence for Spanish debt, thanks to the ECB holding everything everything together with bailing wire...