Real estate bubble, sub-prime mortgages, securitized products and their derivatives were largely responsible for the ultimate collapse, leading us the the economic conditions of today. Policy makers and investors alike were, and still are, basing their actions on a false set of commonly accepted myths.

French government spending and public debt to GDP ratio at new record highs

The effects of the massive monetary inflation of recent years are so far mainly reflected in asset prices.

The French not taking it anymore.