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It's public enemy number 1: debt. For 50 years, governments have systematically spent more than what is in the coffers. As a result, public debt has never reached such levels: 3,228 billion euros in the second quarter of 2024. But then why is France living beyond its means? Should we stop borrowing? In this video, you will see that the State is not a borrower like the others. And that, contrary to what we often hear, it is neither you nor your children who will have to repay these 3,228 billion euros. Some sources that helped us write this video: The comedy of notation, by Gérard Ampeau (2018, EMS Éditions) Public debt: a summary of citizen economics, by A. Jatteau, L. Charles, E. Berr, J. Marie, A. Pellegris (2021, Seuil) The interest charge on the public debt, on Fipeco https://www.fipeco.fr/fiche/La-charge... Information report on the debt charge, Senate: https://www.senat.fr/fileadmin/Commis... ************************************ Find a new video and four new shorts every week on our channel. #staycurious Follow us on our social networks: Instagram: http://expl.tv/Instagram TikTok: http://expl.tv/TikTok Facebook: http://expl.tv/Facebook Snapchat: http://expl.tv/Snapchat