Politics

France’s Problem Is Not the “Far Right.” It Is Socialism. A Warning For All.

Published

July 1, 2024

French credit default swaps have soared to a post-2020 record of 39 points. Many commentators blame the rise of the National Front for market turmoil. However, none of this would have happened if France’s debt was low, finances were strong, and the euro area enjoyed healthy economic growth.

In this article:

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