106 days ago • Posted by Charles-Henry Monchau

Mind the gap: France and Germany had similar debt ratios before the Lehman crisis in 2008 but they have diverged dramatically since.

It looks like the Pandemic shock did not have the same effects on the 2 countries in terms of debt as Covid is turning France into a full member of the vulnerable >100% Debt to GDP club - source: Holger Z, Bloomberg 

France & Germany Debt to GDP ratio