The increase in debt ratios is not a problem if it is accompanied by investments in future assets.
A country's public debt is a political issue, and its sustainability must be assessed in terms of the public goods it makes it possible to finance, explains economist Gilles Dufrénot in an op-ed piece in Le Monde.
We haven't written up this one. Le Monde Economie has the full story — the link below goes straight to it.
