France in Deep Trouble as Protests Erupt & Debt Crisis Deepens
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France is facing a growing economic and political crisis as mass protests erupt across the country, government borrowing costs surge and President Emmanuel Macron comes under increasing pressure.
Hundreds of thousands of protesters have taken to the streets of France, with violent clashes, widespread disruption and almost 1,000 arrests reported. The French government deployed approximately 70,000 police officers and gendarmes in an attempt to maintain control.
But the problems facing France go far beyond the demonstrations.
French government debt is approaching 120% of GDP, the budget deficit remains dangerously high, and borrowing costs have reportedly reached their highest level in 24 years.
Meanwhile, the latest economic indicators suggest that the French economy is contracting again, raising serious concerns about economic growth, business confidence and the government's ability to stabilise its finances.
In this video, I examine:
The latest mass protests and civil unrest across France
Why Macron's government is facing growing public anger
France's enormous national debt and budget deficit
Why French government bond yields have surged
The growing risk of a French debt crisis
The impact of political instability on the French economy
Why France's problems could spread across the eurozone
The difficult choices facing the European Central Bank
France is the second-largest economy in the eurozone, and its financial problems could have major consequences for Germany, Italy, the European Union and global financial markets.
Is France heading towards a full-blown economic and financial crisis? Could the situation become even worse?
Let me know your thoughts in the comments!
If you find this video useful, please give it a thumbs up, subscribe, hit the Hype button where available, and explore the channel membership options. Thank you for your support.
#France
#FrenchEconomy
#FranceProtests
#DebtCrisis
#Eurozone
#macron
#economic crisis
#Debt
#Bonds
#Euro
#Eurozone
#Europe
#GlobalEconomy
#europeanunion
#emmanuelmacron
#germany
#russiaukrainewar
#russiaukraineconflict
#germanynews
#donaldtrump
#olafscholz
#globaleconomy
#recession
#debtceiling
#UKRAINE
#RUSSIA
#GLOBALFINANCIALCRISIS
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https://www.patreon.com/joeblogsYT
YouTube Membership - https://www.youtube.com/channel/UCjniKviAJH0mENoLStpQXmQ/…
YouTube Super Thanks (click below)
France is facing a growing economic and political crisis as mass protests erupt across the country, government borrowing costs surge and President Emmanuel Macron comes under increasing pressure.
Hundreds of thousands of protesters have taken to the streets of France, with violent clashes, widespread disruption and almost 1,000 arrests reported. The French government deployed approximately 70,000 police officers and gendarmes in an attempt to maintain control.
But the problems facing France go far beyond the demonstrations.
French government debt is approaching 120% of GDP, the budget deficit remains dangerously high, and borrowing costs have reportedly reached their highest level in 24 years.
Meanwhile, the latest economic indicators suggest that the French economy is contracting again, raising serious concerns about economic growth, business confidence and the government's ability to stabilise its finances.
In this video, I examine:
The latest mass protests and civil unrest across France
Why Macron's government is facing growing public anger
France's enormous national debt and budget deficit
Why French government bond yields have surged
The growing risk of a French debt crisis
The impact of political instability on the French economy
Why France's problems could spread across the eurozone
The difficult choices facing the European Central Bank
France is the second-largest economy in the eurozone, and its financial problems could have major consequences for Germany, Italy, the European Union and global financial markets.
Is France heading towards a full-blown economic and financial crisis? Could the situation become even worse?
Let me know your thoughts in the comments!
If you find this video useful, please give it a thumbs up, subscribe, hit the Hype button where available, and explore the channel membership options. Thank you for your support.
#France
#FrenchEconomy
#FranceProtests
#DebtCrisis
#Eurozone
#macron
#economic crisis
#Debt
#Bonds
#Euro
#Eurozone
#Europe
#GlobalEconomy
#europeanunion
#emmanuelmacron
#germany
#russiaukrainewar
#russiaukraineconflict
#germanynews
#donaldtrump
#olafscholz
#globaleconomy
#recession
#debtceiling
#UKRAINE
#RUSSIA
#GLOBALFINANCIALCRISIS
@Kindhedgehog76
Those ain't students.
103 likes
@drbalbon7332
France is a lesson and warning to many countries.
83 likes
@christinepereira7622
"This is not the apocalypse, it is the END of pretending"
96 likes
@ultimaetsolder
It's no longer France.
93 likes
@user-xq6zc4rt1i
BBC and Joe let's emphasise "most of the protests were peaceful".
Tell it to the bankrupt businesses and unemployed workers, after their premises and stock were burnt out and, or looted.😮
38 likes
@mikazman
moral bankruptcy = political bankruptcy = financial bankruptcy = extinction!
31 likes
@rogerbartlet5720
Wait till they can’t pay the cops anymore.
22 likes
@jimfcarroll
Who's rioting and looting again? "Pattern recognition" is "problematic" I guess.
83 likes
@seanlander9321
Tourism is going tits up in France, and their economy depends on that spend.
65 likes
@Sparta1993
France’s is getting what they voted for.
22 likes
@user-qm7nw7vd5s
That is the understatement of the century, “France is in deep trouble”…
8 likes
@Chetfake1935
Let’s see what happens when they start with the austerity program… it’s gonna be wild
5 likes
@musicman5532
France has fallen off the cliffs edge and we are not so far behind ourselves....
37 likes
@always4chance
This reminds of the "Leslie Nielsen Nothing To See Here" meme when people say mostly peaceful protests.
5 likes
@VaucluseVanguard
To be fair, France did last balance their books a couple of years ago in..... er....well......1973
21 likes
@besttech3216
That’s what happens when a government of a country has no vision, no strategy and just counting on its media to clean it daily image and swipe all the problems other the carpet.
33 likes
@jonsnow88212
The French want a utopia while not working for it
3 likes
@petercharles8306
When France will only pay 60% on their bonds...what then?
1 likes
@GaryGeiser-m5g
30.5% of the working-age population in France is not actively employed., approximately 13 million people. Over 95% of the population aged 65 and older in France is not working. Yet, 23% of the French population is aged 65 and older, approximately 15 million people. This means that 28 million adults in France are not working out of a total population of 70 million. 50% of Cambodia's population is not working. But the median age in Cambodia is 27 years old. So, a large percentage are still children. However, 57% of France's population is not working while the median age is 43.
17 likes
@kevinagain0722
What's good for the goose is good for the gander.
The end is near.
1 likes