The Dangerous Endless Debt

The debt exceeds 1.6 trillion euros. This increase in indebtedness can endanger the Spanish economy, both because of its ability to finance it if the ECB stops buying debt, and because of the impact of its interest on the budget, which will reduce resources for essential services and, in turn, increase spending. Thus, on the basis of short-term revenues, an increase in annual spending has been assumed in the public sector, especially in the gove…