Aggregated Awareness

From the People's Daily in China comes this little tidbit of the sorry saga that is, over-indebted governments & their ballooning public debts & unfunded liabilities. This time, the focus is France.

Excerpt: "French public debt continued to rise in the first quarter of this year, representing approximately 80.3 percent of gross domestic product (GDP), the national statistics bureau Insee announced Wednesday..."

"...The rising debt was a result of the stimulus policies taken by the government after global economic crisis, Finance Minister Christine Lagarede and Budget Minister Francois Baroin said in a joint statement..."

Source...