The French protestors demanding funding miss one fundamental fact: There is no money!

– Debt is 117.5% of GDP & heading to 122%
– Interest is the biggest budget line
– The deficit is 5.4%
– French spreads over bunds hit 139bp this month

But sure, burn down your historic buildings.

That will help bring down the deficit.

The French protestors demanding funding miss one fundamental fact:

There is no money!

– Debt is 117.5% of GDP & heading to 122%
– Interest is the biggest budget line
– The deficit is 5.4%
– French spreads over bunds hit 139bp this month

But sure, burn down your historic… https://t.co/TtsqcQ0lTq

— Nic (@puckrin) October 18, 2026

Tbf Greece was way worse.

The entire EU was completely standing on their necks forcing massive and painful public funding cuts.

But now its French yields above Greek.

How the tables have turned.

— Nic (@puckrin) October 18, 2026