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French debt breaks record: “Thank you, children!”

2022-12-16T19:24:43.072Z


The editorial of Le Figaro, by Gaëtan de Capèle. She runs, she runs, the debt. Year after year, month after month, day after day, the mountain grows to reach 3000 billion euros. The return of inflation, console the experts of the Ministry of Finance, temporarily lightens its relative weight on the economy. The amount is no less staggering. It testifies to an uninterrupted drift of public accounts, which places France in the Club Med of Europe, m


She runs, she runs, the debt.

Year after year, month after month, day after day, the mountain grows to reach 3000 billion euros.

The return of inflation, console the experts of the Ministry of Finance, temporarily lightens its relative weight on the economy.

The amount is no less staggering.

It testifies to an uninterrupted drift of public accounts, which places France in the Club Med of Europe, more renowned for its sunshine than for the quality of its management.

Within the European Union, this financial weakening has an exorbitant political cost, particularly in our balance of power with Germany.

Whether we are discussing industry, defense or energy, Berlin never misses an opportunity to send us back to our budgetary duties.

The abyss of debt also mortgages our sovereignty, placing us more than ever in the hands of the financial markets.

Without these international creditors that we love to hate so much…

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Source: lefigaro

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