Basically. France is in late atage socialism where they ran out of other people's money to spend.
The problem is made worse by importing a ton of people who put even more strain on a social safety net that they never paid into.
🤷♂️
I was just there this summer. It's pretty meh. A lot of the city is run down. The locals are either really poor or really rich. There's no middle class. And if I wasn't a tall dude built like a linebacker and had the mind of a carnie, there probably were a few parts of the city that would not have been safe to visit
Ridiculously off base... The problem stems from the Euro being mandated to be equivalently exchanged across the various economies of the EU... Its the same thing that happened to Greece, and is absolutely not 'because socialism.' if you actually think that this is because of socialism, when its roots are due to capitalism, then that's just ignorance.
Actually, you're half right. But the EU and Euro isnt a capitalist system, its an authoritarian, centralized, socialist system.
There is nothing capitalist about the morass of EU regulations the EU imposes, nor is there anything capitalist about forcing a currency/means of trade on people, devaluing their currency.
If you need an explanation on why the EU is not socialist then you aren't ready for this topic and no one is obligated to waste their time teaching you something so basic.
The presence or comparative strictness of rules and regulations have nothing to do with whether an economic block is capitalist or socialist. You should try actually educating yourself.
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u/coinminer2049er 7h ago
Basically. France is in late atage socialism where they ran out of other people's money to spend.
The problem is made worse by importing a ton of people who put even more strain on a social safety net that they never paid into.
🤷♂️
I was just there this summer. It's pretty meh. A lot of the city is run down. The locals are either really poor or really rich. There's no middle class. And if I wasn't a tall dude built like a linebacker and had the mind of a carnie, there probably were a few parts of the city that would not have been safe to visit