☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 2 days agoThis is a clean hitlemmy.mlimagemessage-square101linkfedilinkarrow-up1326arrow-down125file-text
arrow-up1301arrow-down1imageThis is a clean hitlemmy.ml☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 2 days agomessage-square101linkfedilinkfile-text
minus-squaremajster@lemmy.ziplinkfedilinkarrow-up8·2 days agoFrance is very indebted. It needs to either raise taxes or cut spending. Debt gets more expensive because its refinancing at higher rates. We have higher rates because of higher inflation. And inflation is driven by the oil shock.
France is very indebted. It needs to either raise taxes or cut spending. Debt gets more expensive because its refinancing at higher rates. We have higher rates because of higher inflation. And inflation is driven by the oil shock.