"Country in complete turmoil," described European Central Bank representative, referring to the climate on the streets, the international perception of its capacity to function, and the fiscal apocalypse awaiting it.https://www.cnbc.com/2026/10/23/france-debt-euro-zone-contagion.htmlFrance is a Greece that can't be bailed out. And instead of support, France is being threatened with sanctions by Germany due to 75% of french debt being owned by european institutions, while France itself doesn't give a damn at the EU demands for austerity. France has adopted a cynical attitude, that Europe is an unconditional supporter, which violates the law. Ever more it seems France just want to have its bills paid by neighbors.Except Germany can't bail out a country as large as itself. France is not Greece or Portugal, Germany would need to buy a trillion dollars+ in debt.
Something don't add. I see some French flags here fecesposting normally.
>>546043805they are on the streets fighting fascism
>>546043860Who are they and who are the Fascists there?
>>546043703>EUROPEAN CENTRAL BANKI bet that's the most jewish establishment in the world
Call me back when all the anti-fascisti have been executed.
>>546043805There aren't a lot of french posters, and all of them are NEETs.France is going full South Africa, but it takes a while until the electricity grid starts failing there too.
>>546044015This. ((politicians)) are hell bent on destroying not just western countries but the entire world. Death to the ((elite)), death to corruption, death to politicians and the death to feds and police who protect them.
>>546044044>>546043926>>546044015Wait, why is /pol/ siding with... the french?????I thought /pol/ didn't like welfare queens.>pic related may awfully misguide you, since it does not show the actual size of the debt, which is very important for the serious countries that will inevitably have to buy it and take french treasuries for themselves
>>546043703france needs to pull out of the eu, and go back to their own currency separate from the euro.
>>546043926this lmfao. im so sick of this fake claim.
Glad we're not part of the club anymore tbqh
>>546043703Digital Euro will fix this
>>546044244It's very hard to do that when France benefits so much from being in the EU.If they pulled out and returned to printing their own currency, it'd probably plunge their living standards to 3rd-world levels.France won't leave the EU, they'd rather sink it.It is also why Germany is sanctioning France. It is Germany who ultimately will have to deal with France and Italy crashing.
>>546043805desu I know a frenchy who said this doesn't affect him and he doesn't care.
>>546044244Only we have the gall to do such a thing, the Gauls do not.
>>546043703Financial deficit? Austerity and taxes.Uprisings? Shoot the rioters, confiscate their belongings, tax their families extra and confiscate their belongings.
>>546043703I hope those leftist subhumans starve en masse.
>>546044169I side only with God.
>>546044468Well we're all part of THAT club, unless you're a pariah state and enemy of the "free" world etc etc
>bank is worriedBased
>>546043860Who are the fascists? I want to aid them.That is, assuming you mean real fascists, and not "I don't like these people" "fascists" who are actually leftist-communists totalitarians with nothing to do with fascist ideals.But you're a White Man, and not a retarded brown monkey that would do that, right?
>>546043703>be France>socalize everything>also import 20 million barbarians who are all on welfare>all jobs evaporate, tax revenues vanish>"BUT MUH GEE DEE PEE"
>>546043703Maybe importing all those niggers and sandniggers wasn't such a good idae afterall. Who would have thunk it ?
>>546043703Nothing that more support for Ukraine can't solve.
>>546043860>the antifa fighting fascismHAHAHAHAHAHA! As if King Antifa Joe Biden would ever do such a thing.
>>546045059Actually, supporting Ukraine and triggering a world war would save France.>>546045035The problem with immigrants is that they just... don't work. They don't produce much.
>>546043703With frenchoids on your team you lose. It's not even about the niggers, it's the gibs people.
>>546043860this, once they burn down every business fascism will finally fail
>>546044367>Glad we're not part of the club anymore tbqhkek, you're even worse than them
>>546044433>France benefits so much from being in the EU.Germany benefits, France doesn't.
>>546044964Immigration is a problem, but it's not he cause of France's debt. France, like every other western country, spends most of its budget on old people, on one hand through healthcare, and on the other hand through pensions. Those two alone make up more than 50% of France's budget.
>>546044397she is like something from the old planet of the apes movies. but not one of the cute ones!
>Analysts say stronger banks and euro-area safeguards make a repeat of the early-2010s crisis less likely, but further volatility and spillovers remain possible>muh stronger banks and euro-area safeguards kekApparently they're unaware of the current oil crisis which will get even worse after the next attack on Iran.The next ten years will be economically worse than the 1970s
>>546043703oh no poor banks :((
Does this have anything to do with the debt chain dependent on Ukraine?
>>546043703>Germany would need to buy a trillion dollars+ in debt.don't worry, Germany has access to cheap Russian energ... OH NO!
>>546043703>Germany would need to buy a trillion dollars+ in debt.Let the TurkoGerms take it then, fuck lil Hans Yilmaz gun do
>>546046171>she
>>546046600*it(obviously not human in any case)
>>546043703All is according to plan. Can't force digital currency without a crash
>>546044397Macron brought his dad.
>>546048419>look mom that is the mean poor kids i told you about!
Frexit when?We need to bury this crockpot crooked ass "union".
>>546043703Easy fix. Seize and liquidate all Jewish owned assets. Repatriate all asylum seekers. Done.
>>546043703>France is a Greece that can't be bailed out. And instead of support, France is being threatened with sanctions by Germany due to 75% of french debt being owned by european institutions, while France itself doesn't give a damn at the EU demands for austerity. France has adopted a cynical attitude, that Europe is an unconditional supporter, which violates the law. Ever more it seems France just want to have its bills paid by neighbors.in reality, this is basically every EU member nation pointing at each other
>>546043926>who are the Fascists therereminder that when the WEF tells your government what to do and it obeys, that is fascism
>>546046335Germany is just constantly screwed over by all of its allies, it is quite funny. People just keep pushing Germany around, then freak out at the most minimum reaction. You kind of feel sorry for them, how everyone just forgets everything they do for everybody else when they flip.Japan meanwhile turns heel at the first inconvenience.>>546049271France is probably the worst EU member when it comes to being a burden to everybody else.The french attitude is that they are too big to fail, so they don't even bother putting order on the street so people can go back to work.
from what I heard the ECB caused the PIIGS crisis by loaning them massive amounts of money they could not possibly pay back. and i heard that since then the ECB has been creating a gigantic asset bubble in northern europe. i heard a germany say that a house price has gone from 35,000 to 350,000 in 20 years. all this is very similar to the fed. it's completely insane to allow bankers to control your economy.
>>546044397XRP. boom.
>>546043805>>546044454Yes it doesn't impact most people yet.Kinda like Greece just before shit hit the fan
>>546043703Does that mean we're giving another 100 billion € to Ukraine?
>>546043703Unfettered access to a nation and her resources by hostile invaders only ends one of two ways. Europeans don't seem capable of doing the hard part.
>>546049856>35000 to 350000Maybe in very special cases but for median case it’s just been a doubling of cost, maybe a bit more.>>546046030Certain groups cost more than others (need more healthcare and more relative to economic output) and the medical workers/ doctors per capita sinking will stress the system too. Just pinning it on those two factors ignores the wide array of variables which can counteract those costs.
>>546043703lol
>>546043703There are teams in the country ready to take control of the nukes. Who's teams?
fuck France.
>>546043703>steal uranium from africa for decades>pools closed u pay now>U CANT DO THIS NIGGERS DONT KNOW HOW TO USE URANIUM>u pay now faggot>o-okay, we need to raise taxes to pay for this resources now>raise taxes on the worker class as always, education, housing and healthcare get dismantled>civil unrest>the richest people in france: ITS THE MIGRANTSthe level of cynisism of the pedo elite is insane, we dont even care at this point cause they are not even hiding it anymore, the deportation of migrants and secure boarders will not get you that uranium so it doesnt even matter if you discuss it in this boardyou are not going to fix anything as your pedo regime keeps ravaging ur ass in a westoid capitalism collapse (which we've known would happen for decades)
>>546043703Vive la France
>>546055342>steal uranium from africa for decadesIt's dirt in the desert. The niggers have absolutely no use for it, but get money for letting the French dig there. How is that stealing?
>>546055606He's a nigger leftoid
>>546043703Is Germany the only EU country that isn't a total screwup?
>>546043703https://www.youtube.com/watch?v=mODnz8DnhCQhttps://www.youtube.com/watch?v=70xIM45kFK8https://www.youtube.com/watch?v=UqT3oW-MxioIt's all really simple.
>>546055689yepWorld's #3 economy, only country to not screw others, that gets screwed instead.
>>546044169Hungary in TOP 10! Fuck yeah!
Payback time pigskins.
>>546049856its a bit more complicated than thatthe short version is you can't have a common currency without having a common budget, a common debt pool and explicit fiscal transfers.which is how actual countries work, ofc, germany for ex is not uniformly productive. some parts have lots of industry and contribute massively to GDP and exports, other parts are just villages and farms and retirees. and its ok, because the whole thing borrows as one, the whole thing has a common budget, and the very productive parts subsidize the rest.the more complicated version is that once you join a currency union, you give up two of your three adjustment channels: your exchange rate and your own monetary policy. that leaves fiscal policy (= national budgets) as the only remaining adjustment lever.which is why the eurozone got it wrong: it kept the fiscal policy as the only stabilizer, and on top of it, constrained budgets with the Stability and Growth Pact. so when a shock hit a member, adjustment had to come through internal devaluation, aka falling wages and high unemployment, because there was *literally* nothing else to do. can't devalue your currency, can't print, the only option is to cut spending and raise taxes, even if its quite obviously going to result in a deflationary spiral, which then drops gdp more, which makes the debt to gdp ratio worse, which makes more cuts necessary, etc etc. and that's the mechanical link between "no common euro budget and debt" and "PIIGS crisis">inb4 lazy greeks etcok, lets assume greece was responsible for its own crisis (which they were, in part, but only a small part)what about italy and spain? spain was running surplus budgets and had debt to gdp in the 30s? 40s? very lowitaly was an industrial powerhouse all throughout the 90s, and then a mere decade later its almost bankrupt?yea, no. this is fundamentally a eurozone incompleteness problem, the rest is icing on the cake.
>>546043860>fighting fascismI thought they were rioting because they wanted better school conditions.
>>546056775but surely what is happening is ludicrous amounts of money are being created and loaned into certain sectors (greece or the real estate industry or even pension funds for instance) and eventually the central bank says "this has gone far enough, we need to rein back in the lending, let's jack up interest rates" and then there is a massive crash because all the expected profit disappears, and then the central bank says "we need to fix the economy by redoubling investments so let's lower interest rates" and another bubble forms, and it just keeps happening over, and over, and over again, while all the time the wealth distribution between rich and poor grows and cost of living skyrockets due to all of the new money constantly being created and given to allies of the central banks
>>546045786cool story Panchomust be why the Euro was France ideathey pay lower interest rates due to being in the Euro, while Germany pays morethey were just too stupid to stop spending, like the socialist cretins they areyou stupid mexican
>>546043805cacaposter. je cacaposte tu cacapostes etc;Yes this is a cacapost.
>>546043703>and the fiscal apocalypse awaiting it.oh golly geeit's not like as if France defaulting in the near future was foreseeable by anone who can rub two brain cells togetherwhat a (((coincidence))) that this black swan event just (((happened))) to (((happen)))
>>546057677Buddy, it has been explained to you very clearly in this thread what is causing the issue and you just want to fit it into your ideological priors.European countries that adopted the euro are not monetarily sovereign.
>>546043926there is no fascist force. Maybe 50 guys here and there in Rouen and Lyon. That's it. The far right is a ghost, a scapegoat, the enemy that is everywhere and nowhere at the same time.
>>546044397imagine kicking brigitte in the balls. that would be like the ultimate proof
>>546043703Hope picking a fight with their energy source was worth it.
>>546057677>ludicrous amounts of money are being created and loaned"created and loaned" is superfluous "loaned" IS how money is "created" and yes, ludicrous amounts of money are created>into certain sectorsinto whatever sectors banks want to lend it towhich unsurprisingly is whatever sectors the bank feels have a good chance of paying it back, with interest>greecenopethat was the main symptom of the problem, remember?PIIGS lending costs shot up super high?>real estate industryyeapvery safe investment, esp in areas that are experiencing good growth>or even pension fundsnopewhy would a pension fund borrow money?pension funds LEND money, by buying debt>eventually the central bank says "this has gone far enough, we need to rein back in the lending, let's jack up interest rates"central banks have mandates, basically rules about what they must try to accomplish with their monetary policyin the ECBs case, its keeping inflation at 2% during the euro crisis, it actually violated its mandate by buying sovereign debt, to keep the whole thing from falling apart>and then there is a massive crashthe crash happened because instead of pushing forward with completing the fiscal union, the creditor countries decided to stick their heads in the sand, which led to deflationary spirals in the PIIGS countries>and then the central bank says "we need to fix the economy by redoubling investments so let's lower interest rates"except without a common budget and explicit fiscal transfers, the money so created goes exactly where its not needed, in our case the already very strong economies, and doesn't get where it is needed, the very weak economies experiencing deflation>the wealth distribution>cost of living skyrockets if the money goes to the wrong place, you get inflation, which then also impacts cost of livingalthough the *current* cost of living crisis has more to do with energy costs (ukraine and iran) and low wages and expensive housing (immigrants)
>>546058643Banks lending into asset bubbles in the problem Dr. Richard Werner details in "Prince of the Yen". The old Trade Ministry in Japan would issue credit guidance windows, essentially directing the credit into areas that would lower costs or increase supply, reducing friction.The amount of credit created is much, much less relevant than where the credit is being channeled to.
