Pigs to Figs?

Right now it's all about the PIIGS, with a hard "P": Portugal, Ireland, Italy, Greece, and Spain.

If France goes the way it appears to be going, the new "word" will be "figs" as in "PFIIGS."

François Hollande:

On 26 January, 2012, he outlined a full list of policies in a manifesto containing 60 propositions, including the separation of retail activities from riskier investment-banking businesses, raising taxes for big corporations, banks and the wealthy, creating 60,000 teaching jobs, bringing the official retirement age back down to 60 from 62, creating subsidised jobs in areas of high unemployment for the young, promoting more industry in France by creating a public investment bank, granting marriage and adoption rights to same-sex couples, and pulling French troops out of Afghanistan in 2012. -- from wiki.

The social issues and military issues concern me not.

After-thought: "free" public school education is generally provided from ages 4 to 18. That's about 14 years. Let's say average age expectancy in France is 81. Retire at at 60 --> 21 years of retirement. Throw in 14 years of public school years --> 35 years of "living well."