France Faces Debt Crisis, Potential Retirement Fears Loom

France is grappling with escalating debt interest rates, raising alarm bells about a looming economic crisis. With public debt exceeding 113% of GDP and expected interest payments to soar to €108 billion by 2029, the government faces a daunting challenge in managing its finances. High inflation further exacerbates the situation as it threatens pension payments for future generations. While some experts suggest turning to bitcoin for retirement security, analysts point out that the cryptocurrency’s role in addressing energy scarcity remains limited.