4 ms·
France's money machine go Brrrrrrrr. €56bn in interest payments a year alone and 106% debt to gdp. Massive exposure to Italian debt crisis. It's not going to e
by easytiger 5y ago
France's money machine go Brrrrrrrr.
€56bn in interest payments a year alone and 106% debt to gdp. Massive exposure to Italian debt crisis. It's not going to end well
- baud147258 5y agothough it's pennies compared to the current level of spending
- imtringued 5y agodebt to % gdp is a meaningless number, it literally means nothing. Real interest rates are negative. You're actually doing the savers a favor by borrowing the money.