[belzebalex]

I agree with some of that. But we can only live like that in the short term. We're currently China-sponsored: just look at the size of our debt! The 2021 budget is half funded by debt! One day will come when we'll have to make aggressive cuts in our way of life because France won't produce anything anymore.

[ldng]

A state does not work as a company or a home. It is a tad more complicated than that. First the debt is acquired at near 0% interest. Second, most of it is own to Europe not China. Finally, it will very probably be quietly defaulted in a few year and nobody will notice.

[lm28469]

Isn't it the same for most countries though: https://en.wikipedia.org/wiki/List_of_countries_by_external_...