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But we saved everything 🙂.
David Andolfatto said the current fiscal situation is similar to that of the early 1980s, but highlighted that the debt-to-GDP ratio today is almost four times higher than it was during that period.
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Andolfatto recently reported that consumer price index inflation reached 3.7% year-over-year and 8.1% annualized monthly in September 2026, focusing on latest price data in recent commentary. In a separate analysis, he argued that France’s current debt ratio does not necessarily indicate a need for greater austerity during the 2010s, challenging common narratives in a previous article. These observations contribute to his ongoing assessment of fiscal and economic conditions.