Quite apart from the loss of life, the northern coast, France itself, and, to
varying degrees, much of Europe, would have to deal with electrical power
challenges for years; tremendous logistical problems until the ports, roads,
rails and bridges are operating again; and severe financial strains. French
external debt would be headed north of 5 TRILLION US dollars; French gold
and foreign currency reserves would be drained by the declines in trade; and
it is likely France would see 15% unemployment and 4% inflation.
varying degrees, much of Europe, would have to deal with electrical power
challenges for years; tremendous logistical problems until the ports, roads,
rails and bridges are operating again; and severe financial strains. French
external debt would be headed north of 5 TRILLION US dollars; French gold
and foreign currency reserves would be drained by the declines in trade; and
it is likely France would see 15% unemployment and 4% inflation.
