Business · Economy · 12 hrs ago

Spain's borrowing shifts the cost to future generations

Spain's borrowing shifts the cost to future generations

Spain is taking on more debt, according to the central argument.

The borrowing carries little political cost in the present.

The concern is that future generations will bear the cost when they enter the workforce.

Debt is borrowing that must be paid back.

The issue is who will carry that burden, rather than a specific spending decision.

The text gives no details of a plan or next step.

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