Macrame Macron Is Full of Holes

France’s Macron wants to send troops to Ukraine because Russia needs to be defeated militarily given the sanctions have done nothing.  France’s entire military including desk-clerks is 198,000 strong…  It’s military spending as a percent of GDP remains at 1.94%.   Due to excessive spending, France just announced budget cuts of $10 billion to rein in a growing deficit which now stands at 4.4% of economic output.  As of last September, France’s deficit stood at $3.69 trillion.   YET, Macron wants ...

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Published on March 11, 2024 21:01
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Llewellyn H. Rockwell Jr.'s Blog

Llewellyn H. Rockwell Jr.
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