Macron has succeeded in changing France — and it may lead to his undoing.
The end of French exceptionalism isn’t to be mourned. The French were exceptionally moribund economically for decades, holding on to a model whose time passed in the 1960s. Their haughtiness on the world diplomatic stage was rooted more in their traumatic 20th century than any past glory. De Gaulle nurtured a myth of French grandeur to try to heal the trauma of French debasement — first at German hands in both world wars and then in losing its empire and global power pretensions in an American-shaped postwar order. For the past eight decades or so, France was led by a small elite, mostly educated at a single mandarin-training school called ENA.
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I think French have fallen, I still can't believe Macron is still in power. This globalist has really driven France off a cliff. Hoping to see a change in the guard and an uprising. To be honest, I've always wanted to visit France - but not now.
Also, the French Empire introduced the CFA Franc to a dozen countries in Africa, and I think Africa is starting to wake up to the fact that this fiat exploitation is destroying them.
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289 sats \ 1 reply \ @freetx 15 Jun
I've always wanted to visit France - but not now.
The people of France, like what happens in all modern countries, bare little resemblance to its politicians. No different than someone from France saying he doesn't want to visit USA because of Biden.
I visited the France in 2019 and was lucky to spent 3 weeks in the french countryside. It was 3 weeks of great food, wine, and beautiful country scenes. Don't let politicians ruin experiencing things....go visit.
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Absolutely agree with the above. France is more than its political parisian elite. Great people, great culture, beautiful country etc.
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The CFA is a real neo colonial nightmare. I still can't believe they got away with it for so long.
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I used to believe this but changed my mind. The reality is that no African country is forced to use the CFA, they do it by choice, like El Salvador or Argentina with the USD. As a matter of fact, many ditched the CFA after gaining their independence (Tunisia, Algeria, Mali, temporarily, etc) some other country that were not even French colonies, voluntarily joined the monetary union. The truth is that African native currencies suck. Look at Nigeria, Egypt, Ghana, DRC, and of course, Zimbabwe! Our leaders know this, and they know the CFA gives them a relative immunity against the inflation you see elsewhere. Besides, most African activists who campaign against the CFA are communists, Russian useful idiots.
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Thanks for this perspective. I have no on the ground experience. Most of what I know has been from reading Alex Gladstein.
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Alex has very informative and thoughtful articles on the subject, and unlike most people on the ground who dream of a panafrican currency to replace the CFA (basically repeating the mistakes of the euro), he rightfully sees bitcoin as the only alternative. The central African Republic gave us hope, but they turned out to be scammers. You see, most of the problems on the continent are home made, and not related to France, on the contrary! At least France left relatively prosperous and well functioning countries. We've squandered all that heritage. The problem i see with blaming France is that we forget about this important fact. I'm not saying the CFA is perfect, it's not, but the alternative can only be bitcoin. Thanks siggy.
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How can they unwind from this currency control? Can they pivot by just creating their own central bank?
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They could, but it might lead to war and other violence. I think a lot of African government officials profit from the CFA too. It's an entrenched, corrupt bureaucracy
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That's very true, and it's precisely because of the endemic corruption that you don't want them anywhere near the money printer. I'm sure they understand it, as well as they know that the relative stability of the CFA contributes to maintain them in power.
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The french dont even have a royal family any more. Kind of a shame.
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Should I feel proud seeing this being Spanish?
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As far as I can see the French under Macron went further that the Brits in their attempt to impose tyranny on the French population and things got far more violent both during covid and since. It's incredible to me that Macron has lasted as long as he has.
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French foreign policy has definitely changed for the worse, despite being allies to the US the French hate the American and gave them the finger multiple times on their forever wars (France rejoined NATO only in 2009 after a 43 years break). Macron changed all that, he bought the Covid lies and is delusional on Ukraine, France has now become another lapdog of the US, in a way he has been Tony Blaired
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"By upending the established political order, he cleared the way for other insurgents to find viability. His break with the country’s traditional economic and foreign policies has led to real achievements but also fueled unrest from a weary public. Macron has succeeded in changing France — and it may lead to his undoing."
I had to stop after this. Haha
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Politico's liberal slant is often funny.
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Sounds like an establishment slant to me. "see what happens when you go outside the box and pick someone like Obama or Macron- you open the doors for Hitler" Haha
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Politico can't be more serious and can't be more sarcastic.
I mean how imposing their comparison between Obama to Macron, then back to trumpism to Obama and then to Macron.
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down to the CFA
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stackers have outlawed this. turn on wild west mode in your /settings to see outlawed content.