[ctdonath2]

The point is that while a government certainly cannot spend its way into prosperity with money it does not have, once you cut off that extraneous spending all the dependents are hung out to dry. Of course, such are the consequences to long-term bad behavior.

Upshot is: Spain is doomed. Hence the title.

[Texas resident]

The same pinheads who insist that a government can spend it’s way into prosperity never take that same action in their personal lives.

“When your outflow exceeds your income, your upkeep becomes your downfall”.

applies to all levels of the economy.