@yanisvaroufakis.bsky.social explains how @jlmelenchon.bsky.social’s proposal to convert €600 billion in French government bonds held by France’s central bank into perpetual bonds could ease pressure on the country’s public finances. Read his full commentary here: bit.ly/4yBFiut
@yanisvaroufakis.bsky.social explains how @jlmelenchon.bsky.social’s proposal to convert €600 billion in French government bonds held by France’s central bank into perpetual bonds could ease pressure on the country’s public finances. Read his full commentary here: bit.ly/4yBFiut
0 vue
Publié le 21/10/2026 08:14
2:46
@yanisvaroufakis.bsky.social explains how @jlmelenchon.bsky.social’s proposal to convert €600 billion in French government bonds held by France’s central bank into perpetual bonds could ease pressure on the country’s public finances. Read his full commentary here: bit.ly/4yBFiut
1 commentaire
?
One thing that will go on in perpetuity is him reliving the past. That being said, you can play around with the debt, shift maturities, convert to callable perpetuals, … markets still need to trust they’ll handle the debt burden in its essence. See Bessent mucking around… that didn’t go down well.