france economy

Putin Meets Macron: The Tortoise & The Hare

Posted on by Helena

Putin and Macron met in the idyllic seaside resort of the French President. According to which media outlet you read, the take away of this visit varies wildly!   At one point Macron was telling Putin that Russia was part of the European Union. I doubt this went over well with Putin. There is the gist in western media outlets asserting that Macron will be pushing Putin to do this and that, Macron will pressure Putin, Macron will tell Putin. The obvious hypocrisy being that in the world of genealogy mechanizations, Putin is a human and Macron is still a snail intellectually.

Putin respects intelligence, he has no patience for stupidity. Macron has no powerhouse from which to lecture and thus he fumes from a place wherein he is superfluous.   France has descended into its socialist vacuum, and there is no one to rescue her.

The complete 180’ about face of the European media in suddenly referencing Putin as a possible ally and … friend… is so blatantly fake, it demeans Putin’s intelligence to think he would even remotely believe one blubber or another.

If Putin gets even the slightest whiff of Soros, the game becomes more gamey.   Macron is a well-known Rothschild mannequin, so anything coming from his mouth has been scripted by The Cabal. Maybe they are getting old, but their tactics seem to have become rather pathetic, not at all militarily tactical.

‘It worked 90 years ago, I think we should sticks to what we know…”

The other fairly interesting short sightedness within the Cabal and their maintenance of power, would seem to be a lack of young intellectuals capable of continuing their agenda and fulfilling the end result. Having raised puppets, there are no masters to take over the agenda.  The millennials we see across the universities haven’t even one thousandth of the necessary skills, acumen, and tactic to sustain their coming to power.   They misjudged, unless they are relying on some scientific AI breakthrough whereby their brains or intelligence could be inserted into a robot and thus give them a synthetic belief they will live – forever.

According to those in the Macron soapbox, Macron will continually push the idea that Russia is a part of the EU, that Putin must now jump aboard the Paris Climate Accord because of the devastating fires in Siberia, Ukraine must be revoked and returned to it’s EU bastion, and Libya will be dealt with on France’s terms.

Tres Diplomatique!

Huff and Puff and blow your house down. Macron has zero sense of the art of negotiation and diplomacy and respect. Had Macron kept his mouth shut, made great praise of Putin for the media, and quietly worked a deal, perhaps something could have been accomplished. But instead Macron was told to come into the room swinging chaotically, and continue throughout the entire meeting so that Putin can go home assured that he will never deal with France except to the tune of 100% his terms.

In addition, Putin is a diplomat and bashing Trump and the US would be tthe tactic of a child back-stabbing, beneath dignity.

IDIOTE!

Topics that should be on the table include Germany’s looming recession, how that will impact the EU, especially in light of BREXIT, Boris Johnson’s closed door trade deals with the US, how that will impact the EU, the falling economy of France, the Yellow Vests, etc…, you know, those Presidential economic considerations that are their duty to fix.

All of this is in preparation of the G7 Summit to be held in France August 24th to the 26th. Attendance will include: the very disgraced Trudeau whose government is calling for his resignation, Macron – who has taken to Trump/US bashing, Boris Johnson, Trump, Merkel, Conte – whose resignation was just accepted, Shinzu Abe – a liberal democrat, and Charles Michel who replaced Tusk, and is a liberal socialist.

Should be a fun time.

My guess is Trump will skip out after a day and leave the media much fodder with which to demonize him while he goes off and – makes Great Changes without their ‘oversight’.

While trade is not even a considered topic for discussion at the G7 Summit, France, Germany, and the EU are apparently on pins and needles to see if they can successfully align against the US and prop up a Union that is disintegrating.

In that vein Macron is trying to disarm Boris Johnson by stating any trade deal made with the US simply makes the UK a pawn of the US.   Idiote!   The entire BREXIT initiative is based on the UK reasserting sovereignty and making their own decisions without the EU’s permission. But then, Macron is making various last ditch efforts to keep the UK in the EU – intimidation, bullying, befriending, whatever nouveaux tactic he deems appropriate including attacking Trump amid a failing attempt to give false witness to the power of the EU.

Problem? They refuse to actually tend to their country’s massive economic fallout problems and hope their legacy can prevail just a tad longer before all hell breaks loose and the EU is sucked into a black hole.

While Russia sits back and becomes the tortoise watching all the EU hares fall down and cower.  A shift is taking place, only it isn’t what the shadow government necessarily wanted.

The real stories would be in the Boris Johnson trade deals being made with Trump.   Italy’s deals, and the ever reclusive Saudi Prince who has been very quietly radically changing his own country socially and economically without media interference or frenzy. New powerhouses, new alliances, and earth shifted on its axis.

France: Budget Chaos = Tax Chaos = Civil Chaos

Posted on by Helena

The Socialist block of the EU is descending into complete chaos, London, France, Germany are seeing unprecedented riots and the respective governments have no idea what to do!   Macron did nothing, then he gave, in, now he thinks that in order to show ‘strength’ he must fight the yellow vest movement.   And stupidity reigns as he has lost complete control of his country.

In a speech to the French people, Macron offered no solutions, and merely framed a slew of empty words:   “We can do better, and must do better”, “I believe in us”, “Truth, dignity and hope”…  But as he spoke the rhetoric glanced with the impact of a spitball, protests continued unabated, and 150,000 police and security were deployed to try and quell the immense volume of discontent.   MERDE!  Police have been caught on video punching demonstrators, clubbing them, and kicking them on the ground.

Polls indicate Macron now has a disapproval ranking of 80%, and calls for him to step down have gone viral.   In the midst of the onslaught, France’s economy will likely suffer incredible economic hardships as tourism is at a standstill and businesses scurry to defend their wares.   Looting is rampant, and vandalism is spiking fears that a civil unrest could devolve the country into chaos and bankruptcy.

France’s government has not recorded a positive spending budget since 1970.   Since 2002, government health spending has doubled.  Government spending is roughly 1.29 trillion Euros per year – $1.5 trillion.   The US has five times as many people as France and spends four times as much per person for government expenditures.   As a percentage of GDP, France’s military spending is a full percentage point below the US at 2.3.  As a percentage of total world spending, France’s military spending is 1/10ththat of the US.  The discrepancies are enormous.  If the US were to stop footing the bill for the EU countries through NATO, the budget deficit of France would be crippled.

Germany is even worse.  Their military spending is a mere 7% of what the US pays.   Yet Germany’s population is 24% that of the US.   The US picks up 35% of the total world expenditure for military, basically supporting 28 EU member states, Australia, Canada and Japan.

If the US relegated NATO spending to the countries it defends, and simply quashed our share completely, the redistribution to our military would be roughly $310million.   Total economic and military assistance to other countries is roughly $45 billion with Afghanistan, Israel, Egypt, Jordan, and The West Bank receiving the bulk of the shares.

If the US became sovereign in its truest sense, we would have at our disposal $45.3 billion additional funds that could be allocated toward military personal salaries, housing, and medical care.   If all the funds went to active military personnel, that would provide each one with an additional $35,000 per year.

When European governments cry foul on Trump, when they ridicule and malign him, they stand to create an irreversible economic spiral for themselves should Trump decide to revoke their subsidies.   Our allies are not necessarily – our friends.

But then, what we are witnessing is that these governments are not representing their people, they are fake, they are props, likely put in office with the help of voter fraud.

The gender pay gap in France remains unchanged since 2000.  Wealth inequality in France shows an constant increase for the top 1% and 10%, despite media notions that France is a country of equality.   While their education spending is a large portion of the government budget, the disparity rises as the proportion spent on University education far exceeds formative education, and thus the top tier benefit from those expenditures.

The youth unemployment rate in France is 21.5%.   By comparison, the youth unemployment rate in the US is roughly 8%.

Perspective:   The minimum wage is France is degraded by age.  Standing at roughly $11.5 per hour, for those between the ages of 15 and 16 it is 20% less, and for those 17 to 18 it is 10% less.   An average workweek is 35 hours – on a monthly basis their earning power is 12.5% less.   The average monthly take-home salary in the US is 42.67% higher than in France.  The price of buying real estate is 400% higher – in France.

Taxes in France are exceptionally high.  A self employed person can expect to fork over 70% of their income in taxes at the base level.   Employees pay 22% into Social Security, deductions and exemptions are significantly less available, the top tier tax rate is 45% and applies to anyone making over 152,260euro.   They have local taxes, residence taxes, land tax, professional tax, gift tax, inheritance tax, income tax surcharges, wealth tax, VAT tax (20%), capital gains tax, property tax, and the infamous petroleum tax.

And still – despite paying little for their military, which consumes over15% of the US budget, France operates on a budget deficit and has for the last 50 years.  I think Ocasio-Cortez would fit right in.

This is why the Yellow Vests are protesting!

Macron – A Hero in France?

Posted on by Helena

The German media is hailing Macron’s term as President of France as a grand success! He’s a hero! He’s a saint! He has accomplished what no man has done before and as a result his approval rating is at an all time high! Yeah!! Or not.

What has Macron accomplished that makes him worthy of such accolade? He has made a few tax reforms and a labour reform or two.   The tax reform is to reduce the corporate rate from 33.3% to 25%, to introduce a ‘progressive tax rate’, and abolish property tax rates. Some of these overhauls will phase in as of 2018, others will phase in over 5 years, including the corporate tax rate reduction.   Many of his tax reforms were simultaneously imposed by Trump, however the reception of the German media was quite hypocritical.  In fact, they were downright irate!  How dare Trump!

Labour reforms include making it easier to fire people, and lifting some regulations although the 35 hour work week and the retirement age of 62 remain in force. Yawn.

As a result of Macron’s massive reforms, France’s GDP rose to about 1.6%! WOW! The only problem, the GDP was estimated to rise to this level in 2014, three years before Macron was elected.   So how could he possibly be anointed with this accomplishment?

France holds an unemployment rate of 9.7%, and a youth unemployment rate of 24%.   It’s debt stands at about a third of the US, yet it’s GDP is only 11% of that of the US, and public debt is 20% higher.   Yet, somehow Macron is a genius and Trump an idiot? How does that work?

Macron’s proposal claims that the ‘source’ of revenue to cover these dramatic reforms will come from freezing government wages, a reduction of 120,000 public sector jobs, and a reduction in subsidies to French regions.   All of which will increase – unemployment.  Hmmm.

Merkel, Macron, Spain, Italy and Belgium all voiced major protests regarding Trump’s tax reform because they felt it would reflect in their own economic rosy development picture.   Which is true.   In addition, if Trump follows through with cuts to the UN and NATO, Europe will have to provide for their own military, increasing budgetary costs while already operating at a deficit.  The US has been subsidizing their militaries for decades, by the same taxpayers that the French consider unworthy and American racist, white, elite, Deplorables.

Macron’s approval rating is also subject to interpretation fluctuating Yugely depending on who is conducting the poll. Strange…  Some claim he sat at 60% when elected. Others report he tanked to 50% as of September only to rebound to 52% today…   That is according to the pollster, Ifop, a market research firm that sells polls to political parties.   But other pollsters claimed that Macron’s approval rating was 30% as of September, a far cry from the Ifop polls. How could that be?

Ifop is headed by Laurence Parisot, a woman, who also happens to be on the board of PNP Paribas. Paribas is infamously linked to the Rothschilds, the same Rothschilds who bought Macron and groomed him before planting him into the fray for election fodder.

Swaying public thought, the altered approval rating is simply another means of creating fake news.

France’s largest source of revenue is it’s chemical industry accounting for $73 billion in annual exports and which includes a cluster of US companies including; DOW Chemical, Exxon, DuPont, and LyondellBasell.   If those companies would decide to repatriate their stream back to the US per the revised tax reform instituted by Trump, the dent would be felt by France’s economy.  Hence the massive fear invoked in the EU for Trump and his reforms.

While the tax rates of both France (phased in over 5 years) and the US have been lowered, there does remain a giant thorn, the cost of labour, the work week, and unions. According to one company that was being asked to open shop in France, this was his impression:

Maurice Taylor Jr., head of the tyre company Titan International did not mince his words:

‘”I’ve visited this factory several times. The French workers are paid high wages but only work three hours. They have one hour for their lunch, they talk for three hours and they work for three hours. I said this directly to their union leaders; they replied that’s the way it is in France.”

Anyone…Anyone?

Macron’s First 47 Days… umm

Posted on by Helena

While the media dissected Trump’s first ten days, first twenty days, etc… throughout, as though this performance would be an indicator, there is a rather hushed silence regarding the first 47 days of Emanuel Macron??

Taking office as France’s new President on May 14, 2017, 47 days ago, the only accomplishments that seem to be noted include a photo-shopped photo op, a Versailles speech, and rants about Trump… – and that would seem to be the sum total.  As in ‘Nada’.

The pretty boy with the pretty face is living up to his pretty expectations of doing – basically, nothing. Odd that no one finds this yawn performance unbearably gauche?

While Macron’s Cabinet is apparently attempting to create an Executive Order to ‘reform the labour market’, they are quick to qualify that this would in no way mimic the US or UK initiatives – except that they do. And when will these reforms take effect? Maybe September, maybe later, c’est la vie…

But when backed by the Rothschild family, it would be hard pressed to lose, by the blood, sweat and tears of his “Christ-like walking on water” visage as portrayed by The Economist, a Rothschild media baby.

So why would a man who does little but spend 47 days taking a picture of himself have any beef with Trump?   Because that’s the Driven Line by the left/liberals. Period. They can’t talk about what a great job they are doing, instead they deflect to a negative and join the proverbial Bandwagon of boring, lifeless snails.

Imagine if even half the effort that is displaced on denigrating Trump was redirected toward actually something positive and progressive…? Remember that word? That was Hillary’s new platform – except that she couldn’t define it because no one had bothered to tell her what it comprised.

Liberals tend to talk a lot about how bad other politicians are, while ignoring their own failed economy.

The French government has run a budget deficit every single year since the 1970’s. As of 2012, the debt level had reached 91% of GDP, despite the fact that according to the EU ‘rules’ that number should never exceed 60%. So much for ‘Rules”. Their credit rating was downgraded twice in the last four years, and according to economist, Paul Krugman, the reason the French labour output is so much less than the US is because the French work less. They have what is labeled a “chronic unemployment rate’ at 11%, and a stagnant economy, despite their former Economics Minister – Emanuel Macron.

So what will Macron do differently as President that he didn’t do while Economics Minister? Probably nothing.

Although photo shots and Parades, do make for nice headlines… And what is The Economist all a buzz about with the advent of their newly anointed King Macron? Why, nothing, nothing at all, because he has done – nothing, nothing at all.

But they are seriously attempting to continue their adamant derailment of Trump. Why? Because his actions make everyone else look – well – inactive.