France spent decades buying sh*t it couldn't afford and now acts surprised the bill arrived. The government opens debate on its 2027 budget while students protest and lawmakers pretend they didn't see this coming. Everyone saw this coming.
Charts show France racked up deficits like a divorced dad with a Robinhood account. High debt. Rising interest payments. The kind of numbers that make accountants drink before noon. French lawmakers now gather to discuss how they'll fix a problem they created by doing the exact same thing that created the problem. Bold strategy.
Students took to the streets because apparently they read the budget. That puts them ahead of most retail traders who can't read a 10-K without getting distracted by TikTok. The students figured out they're the ones holding the bag when this whole ponzi scheme collapses. Smart kids. Shame about the worthless degrees.
Technical analysis says none of this matters. Debt goes up. Debt goes down. France still makes cheese. The euro still exists for reasons nobody can explain. Politicians will debate. Students will yell. Economists will write papers nobody reads. Then France borrows more money to pay the interest on the money it already borrowed.
The charts are very impressive though. Lots of lines going up. Red ink everywhere. The kind of visuals that make people nod seriously in meetings while thinking about lunch. One chart probably shows debt-to-GDP. Another shows deficit projections. A third shows how f*cked future generations are on a scale of one to ten.
France called this a debate. That's like calling a cancer diagnosis a discussion. The outcome is predetermined. They'll cut nothing meaningful. They'll tax someone. They'll borrow more. Then in 2028 they'll act shocked when they need a 2029 budget debate.
Your calls expire worthless either way.
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