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Started By
Message
Is FRANCE another Soviet Union that is running out of others people's MONEY?
Posted on 3/17/26 at 9:51 pm
Posted on 3/17/26 at 9:51 pm
The French have no idea they are dependent upon a government that has run out of money. France is the sick man of Europe.
7
Posted on 3/17/26 at 10:21 pm to Timeoday
I remember when DJT announced we had given Ukraine $350 billion and were through paying anything. #-4 countries, France being the loudest and most offended, said "We will pony up any money Ukraine needs." They gave a small handful, then said "Sorry Ukraine, we are out of money." Quitting the paying was almost immediate.
Posted on 3/17/26 at 10:27 pm to Timeoday
The concept of fiscal responsibility doesn't exist in France. Even the right-wing parties there are economic socialists. They're just based when it comes to immigration. Many of Le Pen's strongholds in France were former industrial areas where the Communist Party has ruled for decades.
Posted on 3/17/26 at 10:29 pm to Timeoday
France incentivizes companies making profits outside of its borders as long as they bring capital back to invest in France. Basically France turns a blind eye to any bribery and even taxing those profits.
Posted on 3/17/26 at 10:32 pm to Hangit
(no message)
This post was edited on 3/27/26 at 11:14 am
Posted on 3/18/26 at 6:04 am to SCLibertarian
This. In France even the "Conservatives" are socialist or Social Democrats at best. The Assembly is pretty much dominated by socialist / communists. Macron is not a socialist, per se, but he is somewhat hostage to them thus you see the dismissal of PM's over the past few years.
The French system is confusing to Frenchmen as well as outsiders.
The French system is confusing to Frenchmen as well as outsiders.
Posted on 3/18/26 at 6:52 am to SCLibertarian
quote:
The concept of fiscal responsibility doesn't exist in France
About that…
Posted on 3/18/26 at 6:55 am to Timeoday
They got screwed being on the euro. Their economy should have been constantly in inflation to bring down social benefits.
But that didn't happen.
But that didn't happen.
Posted on 3/18/26 at 6:59 am to SCLibertarian
quote:This doesn't sound that different from the United States.
The concept of fiscal responsibility doesn't exist in France. Even the right-wing parties there are economic socialists. They're just based when it comes to immigration. Many of Le Pen's strongholds in France were former industrial areas where the Communist Party has ruled for decades.
Posted on 3/18/26 at 6:59 am to Timeoday
The US has run out of other people’s money
38 trillion in debt
38 trillion in debt
Posted on 3/18/26 at 7:02 am to lsuconnman
quote:
Everyone forgets the French businesses were shamed into pledging to rebuild notre dame….and then quietly stepped aside and let the foreigners fund it.
Within 20 years Notre Dame will be a mosque
Posted on 3/18/26 at 7:07 am to SCLibertarian
quote:
The concept of fiscal responsibility doesn't exist in France.
France has a debt to GDP ratio of 115%. The US has about a 125% ratio. And the US ratio is getting worse faster than the French one.
Posted on 3/18/26 at 7:18 am to SCLibertarian
quote:
The concept of fiscal responsibility doesn't exist in France
It doesn't exist here either. Our nation should be quite able to provide the requisite funds for constitutionally authorized spending by congress on less than a third (I'm being very generous here) of the tax revenue that is stolen from US businesses and citizens via an illegally ratified 16th Amendment.
Doesn't matter the nation, governments are going to squander the wealth of their citizenry while filling the pockets of their politicians and bureaucrats.
Posted on 3/18/26 at 7:49 am to lsuconnman
quote:
and then quietly stepped aside and let the foreigners fund it.
So, once again, the French waved the white flag?
Posted on 3/18/26 at 7:52 am to Timeoday
quote:
The French have no idea they are dependent upon a government that has run out of money.
Uh.......glass houses?
Posted on 3/18/26 at 8:16 am to Loserman
POTUS Trump will set that debt up on a 30 year note and allocate tariff revenue to pay it off. He may even go with bi-weekly payments to pay it off in 17.35 years.
Yes, he will be using other countries money.
Yes, he will be using other countries money.
Posted on 3/18/26 at 8:18 am to Timeoday
When France effectively ends their government healthcare, will we have already succumbed to that disease?
Posted on 3/18/26 at 8:43 am to Penrod
quote:
France has a debt to GDP ratio of 115%. The US has about a 125% ratio. And the US ratio is getting worse faster than the French one.
We have a higher debt to GDP ratio than basically all the Europeans but we are still on better financial footing. The EU economy has been stagnant for 20 years, and its only going to get worse as they fall further and further behind in tech. Their populations are also declining significantly among the natives, they have a very low birth rate among native french
An aging population will never vote to trim down their welfare nets. They have no way of sustaining that long run. Their gravy train of freeloading off the US for defense is also over, they are (slowly) ramping up defensive spending since they no longer trust the US
We have more ways of realistically cutting spending, and better means to repay debt in the long run
Posted on 3/19/26 at 2:02 pm to GeauxBurrow312
quote:
We have a higher debt to GDP ratio than basically all the Europeans but we are still on better financial footing. The EU economy has been stagnant for 20 years, and its only going to get worse as they fall further and further behind in tech. Their populations are also declining significantly among the natives, they have a very low birth rate among native french
An aging population will never vote to trim down their welfare nets. They have no way of sustaining that long run. Their gravy train of freeloading off the US for defense is also over, they are (slowly) ramping up defensive spending since they no longer trust the US
We have more ways of realistically cutting spending, and better means to repay debt in the long run
I agree with most of this - not with the part about cutting; we are not cutting. With AI and robotics, we have a solid chance of reaching growth rates that are almost unheard of. If we do that we will grow out of the deficit and grow the debt to insignificance. That’s probably not going to happen in Europe.
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