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Organizers estimated more than 150,000 people joined the demonstration, while the police put the crowd at 80,000. Police vehicles chasing protesters were seen to smash up bicycles. Officers out of uniform but identified by red arm bands detained protesters, tying their hand with plastic bands. At one point, police officers on bicycles sheltered inside a …
France is on the edge and everyone is pretending it is not. Debt is rising faster than the government can admit, deficits are stuck above 5 percent of GDP through 2027, and the debt-to-GDP ratio is on track to hit 121 percent by that same year https://www.fitchratings.com/research/sovereigns/fitch-downgrades-france-to-a-outlook-stable-12-09-2025 . That number does not just warn of …
FRANCE TO FREEZE PENSIONS, CUT HOLIDAYS IN MASSIVE DEBT CRACKDOWN Paris just dropped a €43.8B austerity hammer – and no one’s walking away untouched. Pensions? Frozen. Public jobs? Cut. Healthcare? Trimmed. 2 national holidays? Gone. A new tax targets top earners, and tax fraud squads are getting beefed up. France’s debt is growing by €5,000 …
President Trump's agenda flipped from financial austerity to money printing within the first 6 months of his term 🤪 https://t.co/BukqFTdY0t pic.twitter.com/04zGhJC8R0 — Financelot (@FinanceLancelot) June 4, 2025 JUST IN 🚨: President Donald Trump says the U.S. Debt Limit should be completely removed pic.twitter.com/zuSXh2qOZ5 — Barchart (@Barchart) June 4, 2025 As a reminder, Big Beautiful Bill …
by notayesmanseconomics It has been a summer where France has been in the news most obviously with the Paris Olympics. This week it has been added to via the parachuting in of former Brexit negotiator Michel Barnier as Prime Minister. But as ever my concern is with the economy and we can open with the …
via Mike Shedlock “If the EU sticks to its fiscal rules, it won’t have enough money for its geopolitical ambitions,” warns Eurointelligence founder Wolfgang Münchau. European Citizens are €3000 a Year Worse Off As a prelude to Münchau’s take, please consider November 2022 article Austerity Policies Have Made European Citizens €3000 a Year Worse Off by the …