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Why was france unable to manage its debt in the eighteenth century, even though that debt was much smaller, relative to its population, than the debt of either great britain or …

Why was france unable to manage its debt in the eighteenth century, even though that debt was much smaller, relative to its population, than the debt of either great britain or …
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Why was france unable to manage its debt in the eighteenth century, even though that debt was much smaller, relative to its population, than the debt of either great britain or holland?

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User Aptriangle
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France did not have paper currency. France also lacked central banking for people so even though the debt was small they were not able to pay the debt.
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User Rahulrvp
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