While France Burns, Driven by the Radical Left According to Intelligence, and Its Sovereign Debt Approaches Bailout Levels, Mark Carney Wants to Bind Canada to Europe - thebureau.news

While France Burns, Driven by the Radical Left According to Intelligence, and Its Sovereign Debt Approaches Bailout Levels, Mark Carney Wants to Bind Canada to Europe - thebureau.news

Source: thebureau.news

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DW NOTE

France's 10-year OAT yield hit 3.8% last month — 80 basis points above Germany's, the widest spread since the eurozone debt crisis. Carney's pitch for deeper Canada-EU integration comes as France faces a debt-to-GDP ratio north of 110% and street violence the interior ministry attributes to antifa cells. Binding your fiscal credibility to a continent with unserviceable obligations is not diplomacy, it's contagion arbitrage.

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