
France’s Credit Downgrade Triggers Crisis Flashbacks
The French government is facing the same fiscal crisis as in 2012—but this time, the ECB won’t be able to help them.

The French government is facing the same fiscal crisis as in 2012—but this time, the ECB won’t be able to help them.

The move reflects decades of fiscal mismanagement and government overspending, outgoing Interior Minister Bruno Retailleau said.

Europe has a rich history of debt crises. Time for Trump to learn from them.

Unless the French political leadership does something radical, more downgrades are coming.

The latest report on the U.S. government’s credit worthiness is nothing short of fiscal and political dynamite. It should put Congress and President Biden on full alert.