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Fortune
Fortune
Jason Ma

'Chuck it in the fire.' A leading candidate in France's presidential race has a simple solution to its massive national debt: just cancel it

(Credit: THOMAS SAMSON/AFP via Getty Images)

Unlike in the U.S., candidates in France’s election have actually focused on how to tackle the national debt, as a new president is due to take charge of the eurozone’s second largest economy next year.

Last month, a French presidential debate was dominated by the country’s rising public debt. By contrast, midterm election races in the U.S. are about data centers, higher gas prices, and the Iran war, even as America’s own mountain of debt hits $40 trillion.

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