France in trouble is just the beginning.

From time to time, I like to follow the financial markets. We have to take care of our hard-earned wealth. Besides, it will be my children's future, so wasting a little time isn't a problem either.

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This last week, all the newspapers and financial websites have been filled with France's debt problems. Its risk premium keeps rising, and its prime minister wants to make €44 billion in cuts.
Anyone who knows a bit about France knows it's a fiscal hellhole where practically all its citizens' money is taken away. This is true practically throughout Europe. It's clear that if they take all your money, you want all the services for free. So, as you can imagine, no one wants the cuts.
That's the problem with debt, which, when excessive, becomes toxic. Everything has a limit, and the day will come when no more money will be lent to states. And then the services won't be able to be paid for, since they are paid for with debt, not with citizens' taxes.
Then the corralito will come, and the cycle will begin again.
That's why Bitcoin and gold exist.