The French, just like us, have been trying to cheat their way to greater wealth/consumption via government borrowing (WSJ):
And, just as with the U.S., investors are beginning to demand to be paid for the possibility of inflation/default.
We were informed that inflation was impossible because of the Eurozone rules regarding deficit spending (no more than 3% of GDP). How has France been able to avoid compliance? ChatGPT:
Another good excuse: coronapanic.
The EU suspended normal fiscal requirements during COVID. From 2020 through 2023, the EU activated its general escape clause, allowing governments considerable flexibility to run deficits in response to the pandemic and subsequent economic disruption.
They made an affirmative decision, in other words, to make the kids whose schools had been closed (nothing like the 18-month closures in Democrat-run U.S. cities, though) pay for it all.
We’re informed that low-skill immigrants make a country rich. France is roughly 25 percent immigrants and children of immigrants. Why isn’t France rich enough that tax revenues can fund current government spending and also pay down some debt?
Finally, with the “French” in the streets (they’re “protesting” according to the New York Times and BBC and “rioting” according to Fox), what rational investor would locate a factory there rather than in Poland, Hungary, or Switzerland? Who reads a “France’s violent protests involve ‘second- or third-generation’ immigrants” headline and decides that the long-term trend is positive?
Phil, so special of you to highlight our Winning country! We are indeed rich in immigrants beyond words. Our “university students” are the best of these and represent our Bold Future.
It is good to hear from your, Emmanuel, and I hope that Brigitte is helping you recover from the black eyes and bruises that you suffered from clumsily falling down the stairs a few times.
Emmanuel, I just came to visit France and show my support for your Winning country and the “university students” because I like Winning too! I am a Winner at heart in everything I do, whether it be the Climate Genocide, the Gaza Genocide, or the Peaceful Islamic Terrorist Genocide in France, Germany and the UK right now.
https://x.com/JewishWarrior13/status/2109989262019981332
Phil, for the upcoming 2027 Nobel prizes, we have decided to award Emmanuel and Greta two prizes in different disciplines as co-recipients, but we need some input from someone like you who knows and respects both of these remarkable humans that love Winning. These will be such Special awards and we want to get it just right, as we always do! At your earliest convenience, can you provide us some guidance on which two prizes these two Winners should receive together?
@G
Damn girl, Gretchen, baby-cakes, it’s good to hear from you again. Gotta say your hair looks better, like edgy cool. (Please lose the picnic table cloth scarf thing, is all we are saying, kind of a fashion faux pas — fō pä′ — in the French.)
I was sitting on the couch after a draw off the one hitter. Started drifting off thinking about an ex, got a real rapturous thing going. Then Dance of the Sugar Plum Fairies came up on NPR, and my brain snapped back into thinking, “Me and that gal, we live in two different universes.” We fortunately didn’t have kids, but you know mine would have been like you:
“Hi daddy hippy,” Greta said.
“Whasupppp!!!!” stoned hippy said.
“Did you know mankind is tipping the earth into oblivion? An irreversable march towards extinction?”
“I did not know that, munchkin.”
“Well it is. And I’m not going to school until people listen or ever. Then I’m going to go to a school in France, riot, and loot.”
“Well you just go do that then wunderkind.”
“Wheee!”, Greta said.
So now that you are more like a daughter, and I’m not Epstein, my proposals for your hand in marriage are off, OK? (Also, I’m already married — but you suspected that.)
P.S. @G
We had all kinds of rats running around my school too, back in the dizzle day. They were vicious East Coast preppie wharf rats. Can you build a time machine, go back, and fix that? Be sure to riot and loot like the power went off at night in NYC.
P.P.S. @G
You are not going to believe this, it has a high correlation of non-attributed eigenvalues. (Remember that from school? Oh, no — you don’t, do you. Cause you missed that lecture one Friday.)
I went back to my office to do some knowledge work, and Elton John’s “The Bitch is Back” came on. Gracias, Senyor Elton. I’ll swear on a stack of Woodstock albums it’s true. Yes, a certain “bitch” is back. Two actually, including the ex. Toots.
The primary campaign promise of all major candidates in the upcoming election in France is to double pensions.
>Why isn’t France rich enough
Typical erreur de logique anglo-saxonne.
It is true that France is poor today (Mon Dieu!), but without immigrants, it would obviously be even poorer (Quelle horreur!).
“obviously”
You French and your verdammt flawed pure reason. Mixing up a priori with a posteriori, amateurish stuff J.P. I agree with your conclusion though, “bring da immigrants, bring da noise”.