Posted on 05/08/2017 1:28:47 PM PDT by blam
First mistake: Emmanuel Macrons handlers played Beethovens Ode to Joy instead of the French national anthem at the winners election rally. Well, at least they didnt play Deutschland Über Alles.
The tensions in the Euroland situation remain: the 20 percent-plus youth unemployment, the papered-over insolvency of the European banks, and the implacable contraction of economic activity, especially at the southern rim of the EU.
The clash of civilizations brought on by the EUs self-induced refugee glut still hangs over the continent like a hijab. That there was no Islamic terror violence around the election should not be reassuring. The interests of the jihadists probably lie in the continued squishiness of the status quo, with its sentimental multiculture fantasies cant we all just get along? so En Marche was their best bet. LePen might have pushed back hard. Macron looks to bathe Frances Islamic antagonists in a nutrient-medium of Hollandaise lite.
The sclerosis of Europe is assured for now. But events are in charge, not elected officials so much, and Europes economic fate may be determined by forces far away and beyond its power to control, namely in China, where the phony-baloney banking system is likely to be the first to implode in a global daisy-chain of financial uncontrolled demolition. Much of that depends on the continuing stability of currencies.
The trouble is they are all pegged to fatally unrealistic expectations of economic expansion. Without it, the repayment of interest on monumental outstanding debt becomes an impossibility. And the game of issuing more new debt to pay the interest on the old debt completely falls apart. Once again, the dynamic relationship between real capital creation and the quandaries of the oil industry lurks behind these failures of economy. In a crisis of debt repayment,
(snip)
(Excerpt) Read more at newzsentinel.com ...
Macron is just more the same - more debt, more EU, more cultural dilution, more centralization.
Like Obama, he’s the same statist/leftist, with a new wrapping.
I predict that in 6 months the French are going to be having a severe perhaps fatal case of “buyers remorse”.
The “Ode to Joy” from Beethoven’s 9th Symphony is the European (EU) anthem — that’s why it’s significant that Macro’s people apparently preferred that to the French National Anthem. It was a “win” for the EU more than for France.
A nice thought, but 65-35 is pretty close to impossible to overcome, no matter how you arrange the voting districts. As sad as it is to admit, LePen got slaughtered.
Our elections are usually 52-48, and the rural-vs-urban differences CAN make a difference... but not when it is 65-35. We haven't had anyone top 62% since 1820 (Monroe, 80%). The modern record-holder is LBJ at 61%... and Reagan in 1984 got 58.8%... but nobody has topped 53.4% (GHWB) since then.
The great white obama! sit back and watch the fun!
I read the whole article and he seems to dislike Trump quite a bit, not sure, though. I am not extremely familiar with his articles, read a few here and there. What does he like or think good, I wonder.
But they're the French, with a lot of odd baggage.
Not French-bashing, but you're right - there is the reality.
I did not know that—I am suprised. I do recall that the original German lyrics are shot through with German nationalism.
He is an anti-globalization leftist.
That’s what I have gathered....sort of blind pig who finds acorns more often than most blind pigs.
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