2016
The Balance Sheet Of French Public Administrations Is In The Red By 56% Of GDP
https://www.institutmolinari.org/the-balance-sheet-of-french-public,2545.html
Some people see no need to worry about public debt because it matches the amounts invested to prepare for the future. Public administrations are fulfilling their role perfectly in going into debt because this finances projects that could not be undertaken by the private sector. But do the numbers back up this idea ?
