Sarkozy called Obama insane, and has been reasonably intelligent and responsible. His opposition is organized by an Obama-style group of young recent graduates of the Harvard. They are following the Obama playbook to a T,, even having ‘hope’ as one of their slogans. If they combine with the koranimals, they will likely win.
Wondering what effect the socialist win in France would have on the markets? Obviously wouldn’t be good,,,
I remember the old days, before globalization of our national bank, when it was almost impossible for a euopean election to have an impact on the US economy.
Scary times.
As Yogi Berra said, “it ain’t over ‘til it’s over”, and the final round is on May 6.
That being said, we can look to 1981, and the election of Socialist François Mitterrand, the only Socialist President under the Vth Republic. Banks and large businesses closed up shop and moved out of France, many, including the Rothschilds, moved to the US and London. People who had the means left France, and took their money, investments, businesses, and jobs with them.
It is true that many Clintonistas and Obama campaign people have been not so secretly working to elect the Socialist, Hollande, running his campaign and using the same slogans that they used to push Obama.
Recently, Sarkozy used a videoconfrence call he had with Obama to show that Obama supported him.
Days before the first-round vote in the French presidential election, on 22 April, the rare glimpse of banter between world leaders shows Obama saying of the campaign: "It must be a busy time." He adds: "I admire the tough battle you are waging." Sarkozy replies, grinning, with arms folded: "We will win, Mr Obama. You and me, together." The cameras leave before the pair talk about Syria, Iran and oil.
The Socialist party accused Sarkozy of breaking diplomatic protocol and embarrassing France on the world scene to boost his struggling campaign for re-election, saying the images "weakened France's credibility in Washington and across the world".