One of the candidates for the French presidency, Mélenchon, has proposed simply writing off a portion of France's debt.
In Europe, assets like cash and bonds are becoming unproductive and risky.
The ECB is being forced to buy more bonds, otherwise the eurozone risks falling apart. It holds 20% of France's debt on its balance sheet.
⚡️Two Majors
One of the candidates for the French presidency, Mélenchon, has proposed simply writing off a portio
Two Majors - English Channel
@two_majorsIt will be interesting. We are here thinking. ATTENTION: We never DM people, that's a scam if someone writes you in our name!
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