Total French private wealth is around $15 trillion (https://en.wikipedia.org/wiki/List_of_countries_by_total_pri... ), French government spending is around $1.8 trillion/year. Even if the French government were to expropriate the entirety of private wealth, it wouldn't even be enough to cover 10 years of spending. Fundamentally the French economy isn't producing enough to support the current level of spending, due to a continuously falling ratio of workers to retirees.

> Even if the French government were to expropriate the entirety of private wealth, it wouldn't even be enough to cover 10 years of spending

America's $6.75tn budget [1] would blow through our $140tn private wealth in 21 years. Even Norways $0.11tn budget [2] blows through its $1.6tn of private wealth in 14 years.

Perhaps the better metric is deficit as a fraction of private wealth? If that looks unsustainable, the problem is in publicly-held assets and services.

[1] https://fiscaldata.treasury.gov/americas-finance-guide/feder...

[2] https://en.wikipedia.org/wiki/State_budget_of_Norway

French private wealth has increased $2,300 billion since 2020 according to that page.

In the last 5 years French public debt has grown $750b [1]

Had that growth in wealth been taxed at the rate income was taxed (45%), that would have seen France's debt decrease - even with the covid mess.

[1] https://www.ceicdata.com/en/indicator/france/national-govern...