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ID: KKWd5cBs/biz/60690625#60693229
7/26/2025, 11:37:51 AM
>>60690752
Not really, no. It's perfectly diverse, as any 1st world economy should be. You're looking at the raw number the wrong way. It functions differently than the US. Spending only seems high because the french state distributes the pension, and assume the entire healthcare system, instead of having it privatized. There's no free meal of course, it does so through the collected taxes and levies, but what that does is artificially makes up a large part of the state's spending compared to a country that simply lets its citizens manage it themselves with private entities.
As far as production go, what matters and what constitutes its GDP, France is perfectly diverse and healthy, no imbalance like for, say, oil/energy producers or agriculture oriented economies having their economies built on a single asset. Eggs, same basket, etc.
Not really, no. It's perfectly diverse, as any 1st world economy should be. You're looking at the raw number the wrong way. It functions differently than the US. Spending only seems high because the french state distributes the pension, and assume the entire healthcare system, instead of having it privatized. There's no free meal of course, it does so through the collected taxes and levies, but what that does is artificially makes up a large part of the state's spending compared to a country that simply lets its citizens manage it themselves with private entities.
As far as production go, what matters and what constitutes its GDP, France is perfectly diverse and healthy, no imbalance like for, say, oil/energy producers or agriculture oriented economies having their economies built on a single asset. Eggs, same basket, etc.
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