As widely expected, Rajoy appeared today at the congress to announce further, deeper cuts in the budget of Spain. The goal is to save 65,000 millions of euros.
I'm convinced this is completely wrong and we are going to worsen things, so that the economic depression will get even bigger. And unfortunately, it seems nobody in Europe realizes that it's time for a change: to forget about inflation and spend public money to reinvigorate economies, before the catastrophe arrives.
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