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Robin Brooks
robin-j-brooks.bsky.social
did:plc:ud2qlpa2iyw2yamklvfl246q
France's 30-year government bond yield is now the highest since 2008 (green). We're in a new world. COVID landed us with a global debt overhang. There's no room for big deficits now, because markets' appetite for more debt is low. The right response is to reform and cut spending. Not to cap yields.
2025-09-01T14:57:11.708Z