With almost zero growth and massive and sharply increasing public debt, the French economy is facing challenges to which it is urgent to provide appropriate responses. But political instability and the lack of a parliamentary majority following the dissolution of the National Assembly a year ago have prevented the government from dealing with this unprecedented situation. However, and this is not the least of the paradoxes, the French have never been so rich, even if this wealth is very unevenly distributed, and large companies so profitable.
At the end of 2023, households' financial assets exceeded €6,000 billion, the latest ...