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The 2025 Version of Which Country Will Be the First Debt Domino?

The 2025 Version of Which Country Will Be the First Debt Domino?

by Dan Mitchell | Sep 18, 2025 | Big Government, Blogs, Europe

Back in 2011, I speculated about which nation would be the next debt domino. I even wondered if it might be the United States. Now I look at the chart I shared and think those were “the good ol’ days.” Why? Because all of those nations today (other than Ireland)...
The 2025 Version of a “Sniveling and Despicable French Thief”

The 2025 Version of a “Sniveling and Despicable French Thief”

by Dan Mitchell | Sep 5, 2025 | Blogs, Tax Competition, Taxation

Back in 2012, I mocked French politicians because they were whining about upper-income taxpayers escaping from France. That column discussed well-to-do French taxpayers moving to Belgium, which is also a high-tax welfare state, but has the advantage of...
A Debt Crisis for France?

A Debt Crisis for France?

by Dan Mitchell | Sep 2, 2025 | Big Government, Blogs, Economics, Government Spending

I’ve been explaining for years that economists are lousy forecasters. But we are capable of noticing trends, including trends that will lead of bad outcomes if not reversed. For instance, my recent series on “France and Fiscal Suicide” points...
Oppressive European Tax Burdens

Oppressive European Tax Burdens

by Dan Mitchell | Aug 19, 2025 | Big Government, Blogs, Europe, Taxation

I’ve written before how ordinary workers are basically tax slaves in Europe. Today, let’s look at new evidence about the absurd extent of taxation in Europe. Here’s a chart shared by Michael Arouet, showing how much it costs a...
A Debt Crisis for France?

France and Fiscal Suicide: Part IV

by Dan Mitchell | Jun 13, 2025 | Big Government, Blogs, Government Spending

France is a role model, but not in a good way. It is a stark example of the dangers of excessive government spending. To elaborate, it has the largest fiscal burden of any first-world nation, which necessitates an oppressive tax regime....
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