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toomuchtodo 10 hours ago

Do you have any citations you can provide?

> “that is, if they don't go broke (which is a real possibility at this point).”

is my point. The US is currently spending ~$1T/year on climate costs [1], for example.

[1] https://news.ycombinator.com/item?id=44477195

mytailorisrich 10 hours ago | parent | next [-]

France's public finances are really going badly to the point that mentions of looming financial crisis are becoming more frequent and serious. The country has high debts and high deficit but also high taxation, however successive governments have never taken the political risk of cutting spending.

The end may be nigh [1] but in general farming subsidies are seen as strategic and as mentioned farming unions are superpowerful (writing as a Frenchman).

[1] https://www.ft.com/content/d470e9dd-760c-46ae-93ec-014b59160... "France’s debt interest bill to jump 25% this year (2026)"

10 hours ago | parent | prev [-]
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