ravishingravi Posted September 9, 2025 Author Posted September 9, 2025 Keep an eye on france. Gov has collalse. Bond yields rising. Well France is in trouble. Not Greece yet. But no path back for them. The math is not adding up. 60% of gdp is govt spending. 33% of employed are in govt / public sector. Next to impossible to cut spend on France. For me all signs heading towards end of EU. France is 3% above fiscal line for EU. So effectively Germany is funding it. And Germany itself is tanking. Can't see way out here. Maybe the only way out is to allow France to increase deficit and use it's defence sector for NATO. But not sure if french are hung ho about that either.
IndianRenegade Posted September 10, 2025 Posted September 10, 2025 22 minutes ago, ravishingravi said: they can always sell their tech to India for some much needed $$ :)
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