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Comment by spwa4

If you're suggesting what I think you're suggesting (just stealing the public debt) the problem with that is

1) paying money to billionnaires cost 67B euros, let's say 10% more this year, to 73B (interest on debt so France can keep lending 170B more every year)

2) not paying money to billionnaires costs 170B euros (france needs 170B euros in new debt every year to balance the books)

Oh and of course when it does become worth doing, stealing the public debt, there is still the little matter of needing to get French people to do 250B worth of extra labor without paying them 1 cent extra (if they kick the can down the road, which they will, it should settle on about that amount per year). Essentially French people will have to work 1/6th harder one way or the other. But by paying billionnaires they can wait with that another 4 years.

Or, you know, they could work 1/30th extra now. 11 days per year. But that means not kicking the can down the road.

Similar figures for all EU countries (except Germany, for the moment at least), but they get to watch France solve it first because they're not the worst offender.

parent spwa4 22 hours ago

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