Post #17832 by hclasvegas on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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Does this sound like another country we know and love? Does either party care? 💕☮️” This decision exposes the deep political denial embedded in France’s leadership: they continue living at the expense of future generations, consuming economic substance that no longer exists. France has become fundamentally incapable of reform and is drifting straight into a severe fiscal crisis.

This year’s budget deficit is roughly 5.6% of GDP. The government’s wildly optimistic projection for next year is 5%. With huge gaps in the social accounts, no one can explain how this number could be reached. It is pure fantasy. A far more realistic expectation is a deficit between 6% and 7%.”

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