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France’s appetite for ‘magic money’ has turned into a debt bomb
MSN ^ | 10/6/26 | Chelsey Delaney, Stacy Meichtry

Posted on 10/06/2026 2:20:45 PM PDT by EnderWiggin1970

France is on the precipice of a dangerous financial spiral.

The global surge in interest rates has exposed the country, once considered an oasis of relative stability in Europe’s financial markets, as one of the continent’s weakest links. France now pays more to borrow than former crisis hot spots like Greece and Italy. Its government is running a budget deficit surpassed only by the United States among its peers.

Last week, a slow-burning selloff in France’s government bond market took an alarming turn as it spread across the continent, reviving memories of the eurozone debt crisis last decade. France’s 10-year borrowing cost has risen toward 5%, the highest level since 2002.

Investors are bracing for things to get worse. The rise in rates is saddling the government with higher costs just as it needs to refinance a mountain of debt borrowed during the era of ultralow interest rates. France has more than $1 trillion in debt coming due by 2030, and next year is set to sell a record of about $380 billion in debt into a market where once-reliable sources of demand have evaporated.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Foreign Affairs; France; Government
KEYWORDS: axioslol; cautiontdstantrums; debt; deficit; france; inflation; makemycargo; makemytruckgo

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1 posted on 10/06/2026 2:20:45 PM PDT by EnderWiggin1970
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To: EnderWiggin1970

2 posted on 10/06/2026 2:25:43 PM PDT by tlozo (“Russia war-Either money today or blood tomorrow," Polish Prime Minister Donald Tusk)
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To: tlozo

Hmmm… I wonder if Zelensky knows that?


3 posted on 10/06/2026 2:33:28 PM PDT by House Atreides (I’m now ULTRA-MAGA-PRO-MAX)
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To: EnderWiggin1970

France allocates far too much to military spending.

France’s military spending is on track to double over a ten-year period from €32 billion in 2017 (when President Emmanuel Macron took office) to €64 billion by 2027.

Macron is a globalist.

Whereas U.S. defense spending has seen roughly a 60% increase over the ten-year period from 2016 to 2026, depending on how supplemental spending is tracked.


4 posted on 10/06/2026 2:35:03 PM PDT by Its All Over Except ...
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To: EnderWiggin1970

Perhaps some helpful people will come along and burn down most of the infrastructure in France. Maybe that will help.


5 posted on 10/06/2026 2:38:30 PM PDT by ClearCase_guy (Some people want to control their own life, others want to control the lives of others. )
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To: EnderWiggin1970

It’s France...hairy smelly women and shxtty food.


6 posted on 10/06/2026 2:39:45 PM PDT by maddog55 (The only thing systemic in America is the left's hatred of it!)
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To: House Atreides
Hmmm… I wonder if Zelensky knows that?

I'm sure Zelensky is well aware of Thatcher's accurate comment on Putin in 2000:

"Now we have the new Mr. Putin. I looked at the pictures of Mr. Putin, trying to look for a trace of humanity. I should, within a few weeks, have known better. Because you know what happened? They had the terrible tragedy of the submarine going down, straight to the floor. Whether there was an explosion inside or not, we don't know."

"But it was very interesting what happened. If ever there is a calamity in the West, the whole of the armed forces will go, they'll take everything there immediately. The politicians will immediately get together and say 'What help do we want, they can have anything we can give. We haven't got the help [then] we'll get it from somewhere else.'

"There would be anxiety because what mattered was not the submarine but the lives of those in. And [the] interesting thing was the new leader of the Soviet Union didn't act quickly. This was very soon the comment. He didn't try to mobilize anyone else. We didn't know whether we could help, or where to go help and send some of the small submarines just for such an occasion. That my friends was very, very revealing indeed.

"They still do not value human life in the same way that we do. And so all the help got there, I'm afraid, really rather late. And I am relieved in one way that Mr. Putin got so much criticism for what he should have done but didn't. And that again shows the Soviet Union and the peoples of the Soviet Union are very much aware of what could be done and that a great more deal could be done than is being done at the moment."

Thatcher - "I looked at the pictures of Mr. Putin, trying to look for a trace of humanity. I should, within a few weeks, have known better"

7 posted on 10/06/2026 2:45:34 PM PDT by tlozo (“Russia war-Either money today or blood tomorrow," Polish Prime Minister Donald Tusk)
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To: EnderWiggin1970

Did Obama, Trump, Biden, Trump know this? They have taken us from $9t to $40t.


8 posted on 10/06/2026 2:46:46 PM PDT by Vision (“Our Democracy” means "Our Slush Fund." The Left is hate.)
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To: EnderWiggin1970

I keep track of debt and GDP using internet sources, which are current through 2024. At that time France debt was at 244% of GDP and the US was at 93% of GDP.


9 posted on 10/06/2026 2:48:49 PM PDT by Retain Mike ( Sat Cong)
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To: tlozo

Interest Burden on Revenue
.France: Consumes about 7% of state revenue
.United States: Consumes over 18% of government receipts

Recent Deficit Figures
. US 2025: 5.8% of GDP
. France: ~5.4% of GDP


10 posted on 10/06/2026 2:54:31 PM PDT by DUMBGRUNT ( ( "The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last mes)
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To: EnderWiggin1970
Where have I read this article before...?

https://freerepublic.com/focus/f-news/4398075/posts

11 posted on 10/06/2026 3:05:13 PM PDT by yesthatjallen
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To: yesthatjallen

Whoops, my bad. At least it is generating more comments this time around.


12 posted on 10/06/2026 3:07:28 PM PDT by EnderWiggin1970
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To: EnderWiggin1970

“France is on the precipice of a dangerous financial spiral.”

Welcome to the party, Pal!


13 posted on 10/06/2026 3:20:05 PM PDT by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: maddog55

Sounds like you’ve never been to France


14 posted on 10/06/2026 3:23:22 PM PDT by Sir_Humphrey (I'll support Trump when I think he's right. I'll oppose him when I think he's wrong. As it should be)
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To: tlozo
Maggie Thatcher.

I played on a slo-pitch softball team in the middle east called "Thatcher's Catchers." It was a hoot. The team was so bad that I played shortstop--lol.

It was fun. I even made one half of a double play.

15 posted on 10/06/2026 3:30:48 PM PDT by cloudmountain
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To: EnderWiggin1970

JAMBOG!

France’s Appetite for ‘Magic Money’ Has Turned Into a Debt Bomb

10/05/2026 6:21:07 PM PDT · by E. Pluribus Unum · 3 replies
The Wall Street Journal ^ | Oct. 5, 2026 9:00 pm ET | Stacy Meichtry and Chelsey Dulaney

https://freerepublic.com/focus/f-news/4398075/posts


16 posted on 10/06/2026 3:52:34 PM PDT by Paal Gulli
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