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42 sats \ 4 replies \ @halalmoney 16 Jun \ on: France: will Le Pen push the EU and the Euro over the edge? econ
Potentially the straw which breaks the camel’s back.
‘With her threatened exit from the EU, Marine Le Pen could end up giving the markets the decisive impetus to correctly value European debt and put it in a clean relationship to the economic performance of the eurozone and to understand the benchmark to America.‘
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I'm on the fence with Le Pen.
The French, in their majority, still love the euro and the EU. She had therefore long ago given up leaving the union, and now only wants to reduce the French EU contributions.
The RN program is very socialist, for it to kind of work, she would need to be harsh on immigration, but I doubt she'll have enough leeway for it, even though in a recent speech she talked about mass deportation of illegal aliens.
Look at Meloni for example, who's now best buddy with Tante Ursula! Who would have thought?
This analysis helped me understand a lot of what's going on, the author talks about a 'Melonification' of Le Pen, lol.
Marine Le Pen has also started to undergo a process of “Melonification” — abandoning her anti-euro platform and softening her position on Russia-Ukraine and Nato. Even if her National Rally party wins France’s forthcoming elections, all the signs suggest it won’t be the disruptive force she is promising.
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I think that only a Milei approach can save Europe, but this is still heresy in the mainstream, especially in France!
Marine's plan is actually a nothing burger, like everyone else before her, she juggles with numbers while projecting the impression that she has discovered a secret formula. I'm old enough to know where that will lead...
France's economy and society are in shambles. To reverse course, i see no other option than leaving the EU but there's still no platform for that in France, it would be political suicide, methinks. But I hope she can at least introduce a referendum like in the UK, if/when she gets in power. More people need to be exposed to anti EU arguments.
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