France's Foreign Debt - 90% of GDP in 2012!!!

[GHook93]

France National Debt | Economics Blog
Forecast for 2012 is public sector debt of 90% of GDP.

Public sector debt is 85% of GDP in 2011

That's before the new Socialist in Charge was elected. The socialist in charge isn't happy with this, he wants the debt to exceed their GDP, heck he wants it to double the GDP. He ran on increasing spending, lowering the retirement age, increasing entitlements and the welfare, being good to illegal immigrants and doing this all on the backs of the so-called rich and the corporations. He wants to tax the so-called rich to the tune of 75% and raise the corporate tax to unstated levels!

France is going to see an exodus of Wealthy Frenchmen and Corporations (and none stepping in to take their place), a critical increase in the deficit, a sharp reduction in revenue and a huge increase in illegal Muslim immigrant unrest!

They are fucked!

 

[Claudette]

Fucked is right. But the French voted the socialists back in so It just proves that the French like their nanny way of life.


Doubt German is going to bail em out so one has to wonder about Frances future. The voters obviously don't give a rats ass.

Don't think I do either.

 

[CrusaderFrank]

Germany is already telling Hollande to mind his P's and q's so it could get pretty ugly there real soon

 

[Trajan]

France National Debt | Economics Blog
Forecast for 2012 is public sector debt of 90% of GDP.

Public sector debt is 85% of GDP in 2011

That's before the new Socialist in Charge was elected. The socialist in charge isn't happy with this, he wants the debt to exceed their GDP, heck he wants it to double the GDP. He ran on increasing spending, lowering the retirement age, increasing entitlements and the welfare, being good to illegal immigrants and doing this all on the backs of the so-called rich and the corporations. He wants to tax the so-called rich to the tune of 75% and raise the corporate tax to unstated levels!

France is going to see an exodus of Wealthy Frenchmen and Corporations (and none stepping in to take their place), a critical increase in the deficit, a sharp reduction in revenue and a huge increase in illegal Muslim immigrant unrest!

They are fucked!

from a post I made earlier ion the Euro Thread...


exactly. so they have like the good proletariat dupes they are, went and voted for 'da utter guy' who will be just as ineffective but will take them further ( and faster) down the road to 100%, and more debt to gdp and to the inevitable 're-hook up' , the french will be like drunk dudes looking for a hook up and their beer goggles will land on that tired whore of the french franc.....

just as the days of the Euro are numbered in Greece.

The center right (New Democracy party ) got their asses kicked, now the Greeks will rush back to the center left ( the Pasok party) who is 75% responsible for getting them into this mess and the fringe parties who now have enough votes to form in the Parliament,( like neo-Nazi Golden Dawn) and the KKE commies who did way better at approx. 10% of the vote. ....


So exit question when they drop the euro what happens ot all of the euros ( and promises) that the EU propped them up with? whats the tab? unreal.
__________________


As Falls Sarkozy, So Falls Europe: The Full Story Behind The Upcoming French Election | ZeroHedge

 

[Katzndogz]

Gads! We're worse off than France!

 

[Staidhup]

Here is my proposal to save France, send them the United Nations, it will be an economic boom and we will be rid of it once and for all. Then we can slowly walk away

Yep Katz, but don't tell anyone, it's a surprise for after the election!

 

[CrusaderFrank]

We should send all our Progressives to France

 

[dilloduck]

France National Debt | Economics Blog
Forecast for 2012 is public sector debt of 90% of GDP.

Public sector debt is 85% of GDP in 2011

That's before the new Socialist in Charge was elected. The socialist in charge isn't happy with this, he wants the debt to exceed their GDP, heck he wants it to double the GDP. He ran on increasing spending, lowering the retirement age, increasing entitlements and the welfare, being good to illegal immigrants and doing this all on the backs of the so-called rich and the corporations. He wants to tax the so-called rich to the tune of 75% and raise the corporate tax to unstated levels!

France is going to see an exodus of Wealthy Frenchmen and Corporations (and none stepping in to take their place), a critical increase in the deficit, a sharp reduction in revenue and a huge increase in illegal Muslim immigrant unrest!

They are fucked!

from a post I made earlier ion the Euro Thread...


exactly. so they have like the good proletariat dupes they are, went and voted for 'da utter guy' who will be just as ineffective but will take them further ( and faster) down the road to 100%, and more debt to gdp and to the inevitable 're-hook up' , the french will be like drunk dudes looking for a hook up and their beer goggles will land on that tired whore of the french franc.....

just as the days of the Euro are numbered in Greece.

The center right (New Democracy party ) got their asses kicked, now the Greeks will rush back to the center left ( the Pasok party) who is 75% responsible for getting them into this mess and the fringe parties who now have enough votes to form in the Parliament,( like neo-Nazi Golden Dawn) and the KKE commies who did way better at approx. 10% of the vote. ....


So exit question when they drop the euro what happens ot all of the euros ( and promises) that the EU propped them up with? whats the tab? unreal.
__________________


As Falls Sarkozy, So Falls Europe: The Full Story Behind The Upcoming French Election | ZeroHedge

I think we all just sit back like we did with TARP and let the banksters all figure it out. Then they tell us what they did to everyone.

 

[High_Gravity]

So France is going the way of Greece?