UBS On-Air: Paul Donovan Daily Audio 'Paying for government'
UBS On-Air: Market Moves · Podcast owner
September 29, 20252m 57s
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Show Notes
Current French Prime Minister Lecornu outlined their policy intentions, if they remain in power. A 4.7% GDP deficit target, no public holidays to be abolished, and no general wealth tax imposed—but tax justice is being talked of. This is likely to be a global trend. The great wealth transfer is underway, and governments with fiscal imbalances are likely to try to mobilize that wealth.