Emmanuel Macron’s Free Fall – LewRockwell

In an article published eighteen months ago I wrote what became its title, “Nomenklaturocracy’s agony: the project “Emmanuel Macron,” international Nomenklatura’s last chance to delay the inevitable demise of the heavily discredited and mortally wounded EU idea.” Today the time came to announce briefly what the title above says in many words: Emmanuel Macron is in free fall!

During weeks of street protests by a spontaneous movement labeled “Gilets Jaunes” (yellow cardigans), to which the public was sympathetic while condemning the violence by gangs of delinquents which simply prayed on the organized action and plundered shops, set cars on fire, and even fought with the forces of order, spilling blood in the process, the French President was notoriously absent (busy with higher priorities on Jupiter, some would tell, adding that it amounted to visible contempt).

And then today he came back on Earth, putting up a theatric performance: handsome, eloquent and humble, promising to meet a few of the demands with crumbs – and everybody knows there is no money, the sovereign debt is anywhere between 110 and 120% vs a GDP that is around € 2 Trillion, and the budget deficit will have to exceed the cap required by the EC, i.e. more borrowing, i.e. continuing down the spiral the Nomenklatura promises to avoid, at every budget planning cycle, again and again…

How an Economy Grows a…
Peter D. Schiff, Andre…
Best Price: $2.12
Buy New $8.50
(as of 01:25 EST – Details)

Too little, too late: many protest groups, scattered throughout France, came on TV to state they will continue with the protests! But even if they give in, and this wave eventually subsides, the gravest damage any puppet-sold-as-a-political-genius could…

Read more