The alternative is going bankrupt, thus leading to forced and callous austerity by the IMF and ECB - just like what Greece faced. That would solve the problem as well, but French voters would have no say or autonomy.

French voters need to get it in their head that they need to accept their government tightening belts, otherwise they will have no say on what gets cut.

No. People are tired of socialism for billionaires and corporations, and the law of the jungle for everyone else.