Inflation

Bad governments, as well as not-so-bad governments, often fall because of the overwhelming and devastating impact of the economy on citizens of little wealth. In the case of Spain, the bull will catch up with our leaders in galloping inflation and overall impoverishment, after the country’s per capita income has slid down to last place in the European Union. To bear the brunt of the executive, it will suffice to remember the continuity, with a formed political conscience, the alliance with the separatists and populists, the cooperation with the heirs of ETA, the attempts to undermine the Constitution and blow up the institutions. The caesarism of a president who despises parliament and the opposition, determined to rule by executive order. Not counting the internal disagreements between the two left forces, amid the disrepute, forcing constant crises and sudden turns of the rudder.

But inflation can happen with anything else. As with many things during the months when Spaniards have more free time, it is unlikely that they should worry about it, as it starts to negatively affect their summer holidays. This year, no one can say go on vacation, forget it, we’ll talk when we get back. The return is already here. It’s starting to get really ugly.

vice president Nadia Calvino now acknowledges that the rise in prices is higher and more persistent than the Government had anticipated, and that families and others will continue to suffer from the upward spiral “in the coming quarters”. The rising cost of living is a painful reality that intensifies at times. Meanwhile, Moncloa fuels the thesis that the famine is all about the war in Ukraine, although, according to the Bank of Spain, inflationary drift began to emerge long before conflict broke out in Eastern Europe. And exactly, it was.

Source: Informacion

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