Apr 12, 2019

France Crushes Socialist Welfare Dream, Admits "Living Beyond Its Means" For 40 Years | Zero Hedge

Facing up to the pressures of responsibility as a member of the European Union - having been told their treaty-busting budget plan was unacceptable - it seems France is resorting to the worst case scenario - cut spending! As Bloomberg reports, the glory days of France’s welfare model may be behind it, as France, which hasn't had a balanced budget since 1974, admits "for 40 years we have lived...

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