Massive Protest in Spain

RT reports:

Tens of thousands of protesters from across Spain gathered in Madrid to decry austerity measures enacted by the government. Activists accused leaders of “destroying” Spain with brutal program cuts and tax hikes, aimed at avoiding an EU bailout.

Some 50,000 protesters converged in waves in the center of the Spanish capital, blowing whistles and waving banners that read, “they are destroying the country, we must stop them.” Representatives from over 230 civic and professional organizations also turned out to express anger at the new measures, amid cries of “lies!” and “enough!”

Demonstrators called for a referendum to decide whether the unpopular public sector cuts instated by Mariano Rajoy’s government should continue.

Of course, these protesters are clueless to the fact that the Spanish government has no money to continue government spending at current rates. Therefore the only way such spending can continue is through money printing, which will destroy the value of the currency.

The only sound solution for Spain is to drastically cut government spending and taxes, to allow the free market to bloom.