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The Decline of Social Mood (Spain)
Ambrose Evans-Pritchard highlights the very scary slippery slope that Spain is headed down with the latest threats by certain military leadership to resist any attempt to pursue a potential breakup of the Spanish sovereignty with military tribunals and charges of treason. Scary times indeed. This is just another pressure point among the many brought on by Spain's 25%+ unemployment, and deflation/austerity death spiral under the weight of debt that is too burdensome to repay. What has the European Union's response been thus far? More debt and more austerity. This will end in tears.

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Written By: Joshua Ungerecht
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Euro, European Union, Military Tribunals, Recommended Reading, Social Mood, Social Unrest, Sovereignty, Spain, Treason, Unemployment