-they would wrap
The word envolverían is the conditional form of envolver in the third person plural.
See the full envolver conjugation


De esto fluiría gran miseria, un nieblas que envolverían todas nuestras vidas. Y nuestra situación sería, por supuesto, representante de millones.
From this would flow unimagined misery, a fog which would envelop all our lives. And our situation would be, of course, representative of millions.
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