'Clownery & Consequences': France Bows To The Reality Of Its Debt Crisis

'Clownery & Consequences': France Bows To The Reality Of Its Debt Crisis Authored by Thomas Kolbe via American Thinker,Tax-advantaged bonds reserved for French citizens, a debt write-off at the ECB, or shifting part of the bill onto the Germans -- France's approach to its national debt is at times creative, at times brazen. Above all, this curious collection of ideas reveals complete helplessness in dealing with public finances.When societies drift toward central planning and state-run economies, only nuances separate political clownery from its disastrous real-world consequences. Political initiative turns into permanent...