Europe is heading towards nasty social confrontations

Europe´s cost of living is too high. In addition, the tax systems are too heavy. For many families the money is not just enough. And that explains, in many ways, why we have more and more nasty general strikes and street protests in countries that have been traditionally quiet. When the income is short, compared to the costs of living a basic life, any cut on salaries, pensions, subsidies or allocations makes a big difference. The problem is that we should expect more income reductions and therefore additional social conflicts.