Re:EU launches government satcom program in sovereignty push
by nona on Monday February 02, 2026 @01:46PM
(#46859627)
France debt-to-GDP: 115-117%
US debt-to-GDP: 124%
Re:EU launches government satcom program in sovereignty push
by sajithdilshan on Monday February 02, 2026 @02:30PM
(#46860143)
US has a huge advantage compared to France. US has the control of its currency and can devalue it. France cannot do it since Euro is not controlled by France.
Also EU doesn't have fiscal freedom. Germany is the only country barely keeping it together and without any hard reform France is a ticking time bomb when it come to its debt-to-GDP.