Daniel Lacalle is on point, far right fights are a diversion from the 43 years of socialism which have taken over the end of the gold standard. Now France's economic situation is as bad as before the French revolution, through NATO it has become again the lapdog of US and has since long given to Brussels its sovereignty. Be assured that none of these topics have been discussed or will be debated anytime soon 

galt

My basic understanding- It’s like a bet against the French economy or an insurance policy in which the investor gets a payout should the French government default on its debts. 

Very interesting article, thanks.

Could someone explain what credit default swaps are, in this quote?

>Following the European elections, French credit default swaps have soared to a post-2020 record of 39 points


