John Keiger: France, Germany and the Corona Debt
"The French lockdown ... is an economic bombshell. French debt, before Covid-19, was running at over 100% GDP..."
28 March 2020 - 07:48
"The French lockdown ... is an economic bombshell. French debt, before Covid-19, was running at over 100% GDP..."
"With oil at or below $30 per barrel there is now a much bigger hole in Russia’s budget as tariffs from domestic oil and gas producers will likely drop to near zero."