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France: the next one? | |
TheNihilistProphet
Offer Upgrade User ID: 1512125 Spain 08/26/2011 07:25 AM Report Abusive Post Report Copyright Violation | Interesting: France seethes as Sarkozy sunbathes The richest segment of French society are pledging another three per cent of their annual incomes to help the country battle its deepening debt crisis. The situation is explosive and France could be next to witness riots like those in Britain. The French Prime Minister has announced on Friday some 12 billion euros worth of cuts, alongside gloomy forecasts for growth. France still enjoys an AAA credit rating, but with one of the highest debt ratios among the world's top-rated states, many investors bet on it to follow the US and be downgraded. full article: [link to rt.com] |
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