Into the secret of Economics : beyond an economic contraction, an aside, the concept of "immersing country", and much more ! (Addendum)

 by Jean-Jacques COURTEY, Doctor in Economic Geography, Ph. D

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As the situation is perilous for our country, France, we believe we must intervene in the name of our ancestors to prevent the economic catastrophe coming.                                      The project of budget for 2026 is in fact the choice of an economic contraction of the French GDP of at least 2.2%, if inflation is really maintained at a level of 1% for the year, and without any impact of the tariff war introduced by America - which is very doubtful, given the 30% custom duties currently planned by President Trump for August 1st, 2025 !

We recall again the equation of GDP (Gross Domestic Product, or "Produit Intérieur Brut" in French) : GDP = C + I + G + (or -) X, where C is standing for Consumption, I for Investment, G for Government expenditures and X for the balance of trade. And we repeat you can't touch without any precaution to G (around 1690 billion Euros last year or 57.1% of our GDP) !

It is not forbidden not to understand anything to Economics, or even to refuse understanding it. After all, as we are repeated almost everyday we are in Republic, and then free to be and to think the way we want. But when people are in charge it is obviously required to understand something about it. If people in charge don't feel they can fulfill their charge, they should leave by themselves for the sake of France and of general interest !

The usual nonsense, with billions of volatile Euros floating around, should not be accepted so easily by the French, because it is their future which is at stake. As we pointed it out in our main article under the same title, published on Global Politics and Economics on July, 1st, 2025, the main problem of France is not the presupposed "wall of Debt", but the "wall of Public Aid to businesses". Yesterday, on TV it was even recognized that we don't know where at least half of this Public Aid (more than 100 billion Euros then) is going, which is incredible !

With our solution to reallocate 26% of Public Aid to the annual repayment of the Debt, without touching at all to Social Security and to the social model, it's the total amount of Debt repayment (around 60 billion Euros) which would be covered. This percentage was calculated mathematically for that. With this solution no blank year, incidentally causing a minimum drop of 2.2% of our GDP (1% due to the discount of inflation + 1.2% due to the structural deficit of our trade balance), is necessary !