French public debt has reached 3.5 trillion euros, 117.5% of GDP, almost the same as during the pandemic. The country spends more than it earns, which foreshadows cuts in public services or tax increases. This financial situation is worrying and could directly affect citizens' pockets in the short term, with less aid and higher daily costs.
The cost of the cloud: servers that don't forgive the deficit ☁️
While the French state accumulates debt, its data centers consume energy and fiscal resources. The public cloud and digital services depend on infrastructure that requires constant investment. If the government cuts spending, technological modernization projects could slow down. Additionally, a weak euro makes hardware imports more expensive, affecting startups and SMEs already dealing with tight margins. Digitalization does not escape the shadow of the 3.5 trillion.
Gallic solution: printing banknotes with a baguette scent 🥖
Faced with the financial hole, France could resort to the classic recipe: print more euros and pray. Of course, that would make bread cost the same as dinner at the Eiffel Tower. Another option is to raise taxes, but then citizens would have to choose between paying the electricity bill or buying a croissant. At least, if the debt keeps growing, we can say we are part of a historic record, even if it is in the red.