
Alice Weidel: Europe will have a bond-market crisis | The Economist
Certainly we're going to. have a bond-market crisis. An interview. has come out. with Marine Le Pen. and she is arguing for more ECB. financing of infrastructure. Of course, it’s so cheap for France. She is leading in the polls, too. She may well become. president of France. What is a Europe. going to look like. if you're leading it. with your views. and Marine Le Pen. is leading it with her views? Germany is the main. financier of the EU, and France receives the money.
as well as other countries. Of course she wants to... From her perspective, I would do the same thing. she wants to do the best thing. for her country. She wants to have. free debt financing. Even though. France is already. in a huge debt crisis, with skyrocketing. interest rates, I don’t know what. they're going to do. about their capital markets, right? But Germany already. is in the same situation, almost in the same situation,
our state debt is skyrocketing. Isn't there a risk. that as financial markets digest. what you're saying. and what she's saying, that Europe really does. have a bond market crisis. Oh certainly. Certainly we're going to. have a bond-market crisis. So with such a high state debt, and it's not only France, it’s also Italy, Spain, Portugal, and it's also Germany. So with these new. debt programs of Germany, we already have rising.
interest rates. at the capital market. And we are also a indebted country.