It is possible that we shall see the french finances collapsing under the weight of the debt. In this perpsective increasing your allocation to governemnt funds like Livret A should be a fallacy. The tax exemption is indeed a smoke screen preventing you to see the huge debt and the unsustainability of government finances in the present recession.
http://lecercle.lesechos.fr/economie-societe/politique-eco-conjoncture/fiscalite/221153027/etat-va-emprunter-175-milliards-aux-f?xtor=EPR-1500-[NL_meilleurs_articles_hebdo]-20120903-[politique_eco_conjoncture]
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