Saturday 18 March 2023

French Republic about to fall

Don't holiday in France

Protests resume in France amid anger at Macron's pension age reform

The French have A quaint habbit as changing the republic's often.  With the present economic problems of the Euro zone, the players in Republic was always on thin ice.

France Pension Bill: Macron to Force Through Reform Without ...

Bloomberg

https://www.bloomberg.com › news › articles › macro...

2 days ago — President Emmanuel Macron will use executive fiat to push through his unpopular pension reform that will raise the French retirement age to 64, ...

In the UK he the man is used an eight he's already 65.  60 for women.  The French have that trait as protesting on the streets at the slightest excuse.  Messing with a stammer of age is not trivial!

It is the problem faced by all the developed world as we all live longer, so Macron is leading the way to the patient reports a whole world faces.

At the same term the year ozone is experiencing a massive economic shock.  As he no other European countries seek monetary union with the southern European states.  So I used to running high inflation rates and regular devaluations.

A total horror story to Germany as the currency devaluations Germany survived.

In 1923, at the most fevered moment of the German hyperinflation, the exchange rate between the dollar and the Mark was one trillion Marks to one dollar, and a wheelbarrow full of money would not even buy a newspaper. Most Germans were taken by surprise by the financial tornado.

Which is why Germany is addicted to a strong currency.  Whatever the economic costs.  What will happen to the fifth French Republic.  Death notices already served!

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