Sunday, October 26, 2025

France's lost creditworthiness

Moody's changed France's rating to negative. That means that France will have to pay a higher interest rate for borrowing money. 

Fitch also downgraded France, and its bonds will have to pay more to remain attractive.  

Not good. France has always been and remains the center of Europe, yet it is sinking. I am reading about Engerrand de Coucy in the 14th Century. 

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