Europe, and in particular Spain, are facing the long-term inconsistencies of socialdemocratic ideas. On the one side, socialdemocracies need young and dynamic societies with a large share of net fiscal contributors to be economically viable. On the other, socialdemocratic regimes tend to impose short-term regulations and intervention (e.g., house building constraints) that end killing people's desire to have children.
Europe, and in particular Spain, are facing the long-term inconsistencies of socialdemocratic ideas. On the one side, socialdemocracies need young and dynamic societies with a large share of net fiscal contributors to be economically viable. On the other, socialdemocratic regimes tend to impose short-term regulations and intervention (e.g., house building constraints) that end killing people's desire to have children.
Debt to GDP doesn’t really matter. As long the debt is domestic it’s fine look at japan . Central banks control interest rates not private investors