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Is Spain on the brink of national bankruptcy?

Digital DawnIs Spain on the brink of national bankruptcy?

Digital Dawn - June 04, 2022

Spain is not only one of the European countries where the covid hysteria has been successfully implemented, but also the fifth most indebted country in the world. State bankruptcy seems to be at hand.

   

This is why the left socialist government is in the process of passing a law authorizing the expropriation of private property and a “corralito”.

This last point means that the state can access the savings that people have in their bank accounts. In these “crisis situations”, the citizen would only be entitled to withdraw small sums. The rest of the money could be “temporarily” confiscated. The maximum amount would be determined by the authority of the country concerned, explained the portal "La Información" in March 2021.

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