Government debt is a Ponzi scheme with a ticking clock. ⏳
Fitch is sounding the alarm on #France: rising #debt, political chaos, and a budget deficit targeting 5% of GDP.
When the printing press can't keep up with the spending, the credit rating drops.
#bitcoin
coindays / coindays.org
npub1j5…w9w9d
2026-10-13 00:04:09 UTC
Author Public Key
npub1j5z50gvjy6l93jj9jy5a5sfhkgzd78c03q2d3vs2hs6dm50cfjvsnw9w9dPublished at
2026-10-13 00:04:09 UTCEvent JSON
{
"id": "76194f0fc7c3e21d466069fb9551b95cd28570d92e2d660a57ceffe55b5cb995",
"pubkey": "950547a19226be58ca459129da4137b204df1f0f8814d8b20abc34ddd1f84c99",
"created_at": 1791849849,
"kind": 1,
"tags": [
[
"t",
"France"
],
[
"t",
"france"
],
[
"t",
"debt"
],
[
"t",
"bitcoin"
],
[
"client",
"Amethyst"
]
],
"content": "Government debt is a Ponzi scheme with a ticking clock. ⏳\n\nFitch is sounding the alarm on #France: rising #debt, political chaos, and a budget deficit targeting 5% of GDP. \n\nWhen the printing press can't keep up with the spending, the credit rating drops.\n#bitcoin",
"sig": "8cb4551862a4ffd61980716d29414ed54dc883212f0be5fc633dc7ffd8dafab2309db554e5e3502edd8528069c3e04bf3e2effb7cf1daca691da1adcb3a2947c"
}