What’s more fun is that while france is teetering on the brink, it’s hardly alone, and it’s collapse will tip the dominoes.
Something to look forward to, I guess.
Austerity is what got France in this mess in the first place + the Euro.
This movie has already happened in Greece.
Greece's former finance minister Yanis Varoufakis on the European economic policy during the Euro crisis:
"When I met Christine Lagarde for the first time — she was the managing director of the International Monetary Fund at the time, before she moved over to the presidency of the European Central Bank — she astounded me, because she was extremely sympathetic to my analysis of what had gone wrong and why the austerity programs could not work.
She said, “Of course, Yanis, they cannot work — you’re right.” She actually criticized me from a position to the left of my own thinking because she said that I was being too modest and too moderate in what I was demanding on behalf of my people.
However, she then added immediately, “But Yanis, you have to understand that we have put a lot of political capital into this program, and your career and mine both depend on going along with it.” "
On the Euro: “Look, we created the euro in a terrible way. The architecture was as if we had designed it in order to fail. It was clear from the very beginning. Think about it. We created a central bank for twenty countries. The central bank didn’t have a treasury, and there were twenty treasuries that didn’t have a central bank.”
https://www.yanisvaroufakis.eu/2025/07/12/jacobins-on-the-le...
One economist wrote, before the first Euro even circulated: "The euro will lead to too many public servants in France, too many industries in Germany, too many vacation houses in Spain [1], the default of Spain on its public debt and then the default of Greece on its public debt".
When Greece, not Spain, defaulted on its public debt, that same economist: "I was only wrong about the order of defaults of Greece and Spain".
The Euro, he predicted, would be one of the shortest lived currency in the history of currencies.
His name is Charles Gave and he's gotta be 80 y/o old now. Of course people are going to hate on him and spill all their hatred on him because he's neither a communism nor a socialist.
And then idiots are going to say that "euro is great because I can travel and pay in the same currency everywhere". As if they're own little convenience warranted the disaster that we're heading into because ideologues, not economists, decided to force a currency down the throat of most european citizens.
[1] btw there are many protests in Spain now because "costs of rents are too high" (yeah, no shit: there's a gigantic number of empty houses and apartment in Spain belonging to foreigners, who only come a few weeks per year).
California, for example.
I probably should have quoted this part too. I was replying to the whole comment about the changing winds of politics. The economics is just one of the symptoms.
See ~2008 onwards:
https://countryeconomy.com/national-debt/france
https://countryeconomy.com/national-debt/uk
It can be our children's problem !
It's not great, but it's not even clearly worse than the situation Greece survived. https://think.ing.com/articles/carsten-intro/
Be fair, sometimes it's communist revolution.
As evidenced by the fact that Trump achieved basically nothing and has plunged us into the worst case scenario on behalf of Israel and probably Russia - and yet the proposed solutions in Europe are: AfD, FN, Reform - all Zionist and Russian cucks who don't have an answer but know how to point at problems.
I see a few politicians like Bernie _genuinely_ attempt to talk to the other side, _genuinely_ admit that yes some mass migration is used for wage suppression and thats bad. We frame all our political issues in ways that do not engage the other side (both sides guilty of this) and then we wonder why populists sweep.