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France has increased its public debt enormously (100% to 120% of its GDP). Maintaining the economy had a cost which may have serious consequences.
by yodsanklai 5y ago
France has increased its public debt enormously (100% to 120% of its GDP). Maintaining the economy had a cost which may have serious consequences.
- acdha 5y agoIsn’t the interest rate close to 0%? If, like in 1918, they come back stronger than places which had more disruption due to deaths and prolonged closures that’s not anywhere near a crushing level of debt for a rich nation-state with a diverse economy.