Economists: Le Pen Victory Would Lead To “Massive Sovereign Default”, Global Financial Chaos1 min read

Marine Le Pen’s threat to redenominate €1.7 billion in French debt infor francs has sparked panic among the establishment, with rating agencies, economist and central bankers all warning that this would amount to the largest sovereign default on record, threatening chaos to the world financial system on top of the collapse of the single currency.

Källa: Economists: Le Pen Victory Would Lead To “Massive Sovereign Default”, Global Financial Chaos