Business & Economy · 7 views
‘Fantasy economics’: Baby boomer vs. Gen Z tensions hit France as pension costs drive debt crisis and education cuts that fuel student protests
"Thus the fiscal pressure caused largely by France’s very generous government pension plan has led to cutbacks in other spending, notably on education. "
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Nobel laureate Paul Krugman links France’s bond market turmoil and the ongoing mass student protests to generational trade‑offs in government spending.
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