Who will bring France to its knees? And will Hungary play an economically clever game?

We begin with France, which is increasingly looking like the sick man of Europe. The country must reform, but how? And is a new euro crisis looming?
France is struggling to get its finances in order. The budget deficit was 5.8% last year, almost twice the permitted 3%, and the national debt is almost 114% of GDP. Reforms are incredibly complicated, as the political landscape is completely divided. This makes it virtually impossible to find parliamentary majorities. How can unpopular, yet necessary, measures still be passed?
The mail contained a book. Inside an envelope was a handy work on financial market bubbles, titled "Wind Trading: Eyewitnesses to 500 Years of Speculation, Euphoria, and Losses on the International Stock Markets ."
Author Maarten Biermans, economist and philosopher, warns against 'one of the most persistent misunderstandings', namely the belief that this time everything is different.
Many well-known crises are covered, such as the dotcom crisis and the credit crisis, but the interesting thing about the book "Wind Trading" is that it also addresses lesser-known bubbles. Marijn singles out three bubbles from 1720.
The Question of the Week revolves around Hungary. We were asked whether it might be economically wise for Prime Minister Viktor Orbán to become friends with Russia and China.
Orbán is, of course, a troublemaker in Europe, which is also causing Hungary to miss out on EU funding. That should cause the economy immense pain.
At the same time, Orbán is attracting billions in investments from China and Russia. So, the question is: is this a political masterstroke?
fd.nl