
AFTER an interval of precarious peace France is again at war. Again she is fighting not only for her existence, threatened by German imperialism, but for principles of liberty and individual human dignity without which the French people do not think life worth living. At first glance her situation seems difficult. She has had to start a new war when not yet finished binding up the wounds of the old. She had just emerged from the depression of 1931-36, which left a heavy burden of public debt. Her currency had lost four-fifths of its value as a result of the
Source URL: https://www.foreignaffairs.com/articles/france/1940-04-01/french-economy-war-footing