Mind the gap: France & Germany had similar debt ratios before the Lehman crisis in 2008. They have since diverged dramatically. Pandemic shock – symmetric in origin, asymmetric in its effects – is turning France into a full member of the vulnerable >100% Debt to GDP club.

by Holger Zschaepitz
Mind the gap: #France & #Germany had similar debt ratios before the Lehman crisis in 2008. They have since diverged dramatically. Pandemic shock – symmetric in origin, asymmetric in its effects – is turning France into a full member of the vulnerable >100% Debt to GDP club. https://t.co/PzPps8WxLc

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