Europe is trashed, and not just France. - RE's LIGHTBULB goes ON!

Started by RE Nov 07, 2026, 11:53 AM

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Quote from: monsta666 on Nov 07, 2026, 10:19 AMThe Euro bond idea has been floated around but in order for France to get it the EU would demand they close their deficit in a similar vein to Greece. Like Greece, such a move would be deeply unpopular with the French public. You also got to consider that it is bad enough for a French government to suggest deep cuts in spending but it be a whole lot worse if this pressure was coming from an external institution like the ECB.

In such a scenario I am sure the French government would deather as long as possible and would only comply if the bond markets were getting seriously nervous the French would go bankrupt at which point, and this only a guess by me, they would cave to the EU's fiscal demands.

The only way the EU does this is by installing a Technocratic Goobermint like Greece.  Can U imagine the Frogs meekly rolling over for this like the Greeks?  I can't.

So I pondered a while & POW it hits me!



Most of what they need money for are internal things like fixing schools, paying teachers blah blah.

So, create a parallel internal currency to the Euro only used inside France.  Bring back the Franc!

It can be used to pay for the labor rebuilding schools, buy materials from France etc.

It doesn't need backing for internal use, but could be made interconvertible by backing it in Gold.  Where do you get the Gold?   Pull an FDR.  Make personal possession of Gold illegal, and expropriate it from all the rich folks in France.  Jewelry also.

The only thing they need Euros for is to buy Energy & any Food they can't produce in France.  Everything else, all internal trade is done in Francs.

POOF!  Problem solved. 😀

RE

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