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 ?

L’Institut économique Molinari

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