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How the European Central Bank engineered the French debt crisis… and the next
The French debt crisis reminds us that gradualism never works, that statism always ends in ruin and that those countries that bet on more government and higher taxes always end in stagnation, risk of default and social unrest. France’s government debt-to-GDP exceeds 114%. However, unfunded committed pension liabilities reach 400% of GDP, according to Eurostat. The fiscal deficit announced for this year is 5.4%, but market consensus maintains an expectation of 5.8%. The five-year credit default risk has risen by 20% in twelve months. The yield on French two-year debt exceeds that of Spain, Italy, and Greece, and its ... (full story)
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From apnews.com|Aug 31, 2025President Donald Trump’s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists and legal experts who see it as the biggest threat to ...
From @realDonaldTrump|Aug 31, 2025|43 comments
Without Tariffs, and all of the TRILLIONS OF DOLLARS we have already taken in, our Country would be completely destroyed, and our military power would be instantly obliterated. In a 7 to 4 Opinion, a Radical Left group of judges didn’t care, but one Democrat, Obama appointed, actually voted to save our Country. I would like to thank him for his Courage! He loves and respects the U.S.A.
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- Aug 31, 2025 5:00pm Posted byEducational20.3K
