French work ethic....

This is a wild chart. It makes me laugh every time I see it.

And it’s not only the absurdity of the level of French pensions, the French also retire years earlier than other Europeans.

It has worked as long as the markets absorbed more French debt, it won’t last forever. Enjoy. pic.twitter.com/VGWYHp7A36

— Michael A. Arouet (@MichaelAArouet) April 5, 2026