Is France too reliant on the whims of global financial markets? "Rethinking Debt" explores a bold proposal: a hybrid system combining the stability of a post-WWII-era "circuit du Trésor" with the modern realities of financial markets. This podcast delves into how France financed its recovery after the war, using a system where public institutions and banks were required to invest in government bonds, providing the state with stable, low-interest funding.
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