The economic problems in France described in this blog are well supported by social problems best expressed in the open letter of ex-generals and high-ranked officiers. Not surprisingly, the letter has wide support in the population. Economic and economically driven social problems get into the most acute phase by the COVID-19 pandemic and a 10% real GDP fall. France is losing its international position (believe you or not but France is a permanent member of the UN Security Council) and own territory - the ex-generals (and a larger part of the population) state that there are areas within France where the French laws do not work. The French Revolution, which was also a greater civil war, was ignited by a few years of extreme hunger: "Qu'ils mangent de la brioche" was the apotheosis of the despotism. Nowadays, hunger is likely a minor issue in France, but the re-writing of the multi-century tradition, i.e. myths and pride, is not easy to digest. The long-term economic decay in France will continue as related by the EU's disproportionate developement.
Subscribe to:
Post Comments (Atom)
Turkey outperforms Germany economically in the 21st century
Maddison project database ( MPD ) is a famous source of real GDP data for the whole world. Let's compare real GDP per capita for Turke...
-
These are two biggest parts of the Former Soviet Union. To characterize them from the economic point of view we borrow data from the Tot...
-
These days sanctions and retaliation is a hot topic. The first round is over and we will likely observe escalation well supported by po...
No comments:
Post a Comment