345 billion euros! This is the sum that France intends to borrow on the financial markets to cover the country’s financial needs in 2025. Enough to deal with the abysmal deficits and debt created by the governments of the “system” which have succeeded one another in power. According to the calculations of the Natixis bank, this giant quest – “To your good heart, investors around the world!” » – will make the country which dominated the world the European debt champion and the biggest borrower in the euro zone! A form of dunce’s cap awarded for the budgetary management of macronism, after the downgrading of France by two rating agencies, including Moody’s on December 13.
France also takes the spotlight, ahead of Italy which will “only” need 325 billion in 2025, ahead of Germany (250) and Spain (161). The icing on the cake is that France’s need is the only one to increase among the countries cited, a sign that the outlook for our economy does not lead to wonderland… France will need 10% more than in 2024, Natixis always specifies, when Italy reduces its demand for 2025 by 23%, Germany by 25% and Spain by 12%. In short, while the large countries around us are taking the path of reason, Macronist France is accelerating the race towards the abyss by honking its horn, all boasting aside. Result: France alone aspires to more than a quarter of the euro zone’s borrowing! The envelope for this new loan must still be validated by the government, which therefore finds this legacy of brilliant Macronist management in the trash.
Always more! Like a drug addict, our country increases the doses. In 2024, France broke a record by raising 285 billion euros, after breaking another record in 2023 by raising 270 billion.
The spiral of debt and its interest
In this gloomy picture, one reason not to get depressed from the start of the year: France, despite a debt rate of nearly 113% of its GDP, remains considered by investors as a reliable country which knows how to raise taxes (which cannot be disputed…) and offers high interest. Thank you to the civil servants who run the administrative machine and to the talented entrepreneurs hated by the left and the far left who have so far allowed the country to stay afloat. Investors should therefore be ready for this XXL slate, but they will be remunerated commensurate with the risk taken. They will therefore be dear to the French who, once again, as with immigration, Europe, agriculture, industry etc., will pay full price for the incompetence of power.
Until when? On July 10, 2024, the Senate Finance Committee, under the leadership of Senator Albéric de Montgolfier, sounded the alarm: “The state debt interest burden is expected at 46.3 billion euros for 2024 and is expected to rise to 72.3 billion euros in 2027, compared to 39.0 billion euros in 2023 By 2027, the interest on the State debt would thus be closer to national education expenditure, the first budgetary item (excluding CAS Pensions and reimbursements and. reliefs) with 87 billion euros (in payment credits) in the finance law for 2024 ». We can’t stop progress!
In 2017 as in 2022, chic, “intelligent” and enlightened France, the one that sees far, despises the humble and the provincial, the France of big bourgeois cities and diplomas, voted Macron as one man because, you understand , “Marine Le Pen, on the economy, it’s not serious: it would lead the country to ruin.” Seven years later, here we are.
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