Spain won World Cup and Germany lost, so now it would be that economic system of Spain will feel acutely that Germany had experience on World Cup 2010. If Germany will increase deflation it will shake Spain’s common economic situation. Stephen Gordon developed a chart that shows us, how badly lives Spanish people.

Unfortunately, Spain is self-reliant country, so this economic collapse cannot cause a lot of monetary injections that could help Spain and stabilize its economy and strengthen its condition in European Union as well. If we compare Spain with some American state, for example, and fit this situation on it, then we also can notice that it would be very difficult for Spain to make people move from one place to another.
On other hand we have massive loss of value, caused by deflation, coming from Germany, if Spain was independent country. So, there will be less money, people will grow poorer, all import will reduce as well. Country will be aswim only because of germane tourists, which will arrive to Spain, make a lot of shopping, increase Spanish wine sells and make a lot of useful things for Spanish economy. Maybe, tourists from Netherlands will arrive too.
But now the situation is different. Germany almost dictates its will to Spain and sets Spanish economic situation as Germany needs. As for tax assessments, they will not getting anywhere as well. Somebody supposes that there is the plan of Spanish government to ruin its financial condition on its own. But I do not think so, because Spanish top leadership has controlled its budget activities all the time before that collapse. So I suppose that all things will be wrong until the situation is controlled by those who don’t want any enhances for it. It is simple, isn’t it?