French media floats ideas to cancel central bank debt
French media is airing wild suggestions that France should cancel its central bank’s debt, while noting it is running at recessionary levels amid concerns about sovereign-debt stress.
By Mike O'SullivanFrance's political class has never been known for its financial literacy, but it may be hitting a new low.Wild suggestions that France should just cancel its central bank's debt, now running at recessionary levels, are being aired in the French media. "All we have to do," far-left…