French debt costs keep rising as riots roll on.
France already has some of the highest social spending in the world with benefits many in the USA would envy.
Unclear how this plays out but markets are edgy.
cnb.cx/4i8NhYL
Ruchir Sharma dropping some big knowledge - and scary stat - on France:
Its government spending to GDP is 2nd in the world only to ... North Korea. Yes, NORTH Korea.
How do you 'fix' that?
Is France the 2008 Greece 2.0?
@CNBC
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⚡️New Power Insider out now⚡️
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