France is rioting over surging inflation, skyrocketing national debt and crumbling schools. America is its sleeping twin

Share

France is experiencing unprecedented urban violence with over 2,400 arrests in a single day, nearly 1,000 police officers injured and hundreds of businesses looted in major cities. The anger originated in schools, where 53% of middle and high schools are missing at least one teacher and nearly 10% of teaching hours went undelivered in 2024-2025, before spreading to the cost of living and fuel prices. French public debt has reached a record 119% of GDP, while the budget deficit stands at 5.4% of GDP. The United States shows similar structural problems with public debt at 100.2% of GDP, a deficit of 6.2% of GDP and schools where 19% of districts canceled classes due to building problems and 74% of schools struggle to recruit qualified teachers.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items