France – tensions soaring to operatic heights

The French flair for the melodramatic is accelerating with ex-army generals doom-mongering about an approaching civil war with Islamists and half threatening a coup; and levels of national debt overtaking Italy to make France the EU’s biggest borrower.   On the cash flow side, the total is not the key figure since France is a resilient economy and has a large economy so the ratios aren’t too alarming – yet. But given that half the debt is held by the rest of the world