First of all IMF has nothing to do with the Eurozone. And second of all, we are Europeans. We don’t threaten to bomb our neighbors if they don’t give us what we want. That’s just a Russian/American thing.
Healthcare is almost entirely public in France (pension also mostly are), so I'm not sure that your comparison makes sense.
* https://www.imf.org/external/datamapper/exp@FPP/USA/FRA/JPN/... * https://www.healthsystemtracker.org/chart-collection/health-...
France certainly has a higher % of expenditure to GDP than other comparable countries, and you would expect the USA health care to GDP % to decline to be more inline with other countries with universal coverage if a national program was introduced.
However, because France is still offering more public social services and benefits overall vs. a "USA + universal health" that it's hard to make broad claims either way about who is wasting more money or which system is more effective for citizens based purely on % of government expenditure to total GDP.
This is one of the biggest reasons why it is trivially easy for USA, China, and Russia to squeeze them (and the whole EU) from all sides.
At the end of the day, that just isn't sustainable politically and it's pretty questionable if it's morally correct either
Europe has been on a 30 year vacation, and it's starting to look like that vacation might need to end.
Haha, what? How is France having nuclear weapons leverage over other countries in the Eurozone? What kind of thing do you think the Eurozone or EU even is? We don't use threats of violence against each other in negotiations. France having nuclear weapons or not matters zilch in these conversations, because we're all allies.
Yeah, that tracks, re-reading with that interpretation makes it make a whole lot more sense than what I understood at first reading. Thanks a lot for helping me understanding it better!
Greece says hello!
If there's one thing a bank is scared of, it's getting nuked. /s