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Forum: Internet Links Topic: French fail economics started by: Malcolm Posted by Malcolm on Oct. 01 2014,11:08
< Hah >.QUOTE On Tuesday, it was announced that French debt had surpassed the symbolic €2,000 billion mark. At the end of the second trimester, the debt stood at €2023.7 billion, equivalent to 95.1 per cent of GNP. It has doubled in the past decade.
Posted by GORDON on Oct. 01 2014,11:25
I think they understand economics just fine, they, like us, are just choosing to commit fiscal suicide on the alter of progressivism.One would not want to appear racist by reducing spending. Racists don't get reelected. Posted by TheCatt on Oct. 01 2014,12:20
They've got YEARS until a Greece-like reckoning.
Posted by Malcolm on Oct. 13 2014,10:51
< Wins Nobel Prize for economics >. Wtf?
Posted by TheCatt on Oct. 13 2014,11:35
QUOTE The Nobel win comes, however, as France hasn't balanced a budget in decades, its economy is stagnant, joblessness is mounting and its deficit is rising despite repeated pledges to bring it within an EU-imposed threshold.
Posted by Vince on Oct. 13 2014,12:51
The Nobel prizes have become more of a reason to applaud progressivism than any sort of merit based reward and has been that way for some years. Al Gore and Obama both got them just to spit on Bush. It's a meaningless joke.
Posted by Malcolm on Oct. 13 2014,15:17
If it's meaningless, then sign me up for the cash prize.
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