u/interested_commenter

412 post karma · 77.4k comment karma · joined Oct 2017

interested_commenter

France is approaching a bond rate crisis that is going to make it impossible to keep running such a high budget deficit and are going to be forced to cut spending or raise taxes.

The French people are not willing to accept either.

interested_commenter

The US debt is a problem too.

It's less of a problem than France's because the US economy is ten times the size of France's and the US economy is still generating growth. The French economy has almost zero percent real growth except for government spending.