• plyth@feddit.org
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    3 days ago

    How much is this a result of France losing their neocolonies in Africa? Does this leave European finances in the hands of a crumbling German economy?

    • BestBouclettes@jlai.lu
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      2 days ago

      Not much, it’s mostly due to the fact that in the last 8 years, Macron has wrecked tax revenue. Basically, we are spending as much money as we always have, roughly 50% of our GDP, but the revenue has plummeted.

      Most of the money has gone straight into the pockets of a handful of people, and these people are now massively funding fascist propaganda to prevent being taxed and paying their fair share.

      It’s a really easy problem to solve, framed as a conundrum, and fear-mongered to death.