Marine Le Pen (FranExit) [Macron wins French Presidency]

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paperino
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Re: Marine le Pen (FranExit)

Post by paperino »

France is in deep trouble:
Before the Euro, France lived beyond its means and, as a result, had to regularly devalue its currency, to print fresh money to pay its debts. Each time the Franc fell, the French got a little poorer, but life continued.

Enter the European Monetary Union with its unified currency, the Euro, and its regulations. France could no longer run the printing press, but the Country of Good Sin kept living beyond its means, with government spending exceeding tax revenue. Since it couldn’t devalue the currency, France borrowed to support its lifestyle…and kept borrowing.

Today, France’s debt is close to 100% (96% in 2016) of its Gross Domestic Product (GDP). The following graph, shows how France differs from its neighbors. In particular, Germany’s debt is much lower and keeps decreasing:
Image
In a not-too-distant future, France will have exhausted its borrowing power and will need to find money inside to reimburse its creditors.
Inside? Where?
Consider this overly-simple but relevant graph:
Image
The poor don’t have any money. The rich are too few and too armed with legal and accounting tricks. All that’s left is the middle class, where population multiplied by income yields the only place a government can mine for tax revenue.
https://qz.com/973495/emmanuel-macron-w ... ch-leader/
If Le Pen is elected, France could get a little less worse, but electing Macron could make France far worse. I'm rooting for Fah's favored candidate.
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Re: Marine le Pen (FranExit)

Post by FAH1223 »

paperino wrote: Tue Apr 25, 2017 6:56 pm
FAH1223 wrote: Tue Apr 25, 2017 8:20 am Le Pen isn't going to get 50% plus one and win the run off. Get outta here.
You better be right, Mr. Oracle. If you get it wrong again, you'll be a very lousy predictor.

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Re: Marine le Pen (FranExit)

Post by PrinceNugaalHawd »

Thank God!
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Re: Marine le Pen (FranExit)

Post by CigaalSHiiDaaDCFC »

Glad the french didnt make same mistake muricans did. Scare tactics dnt work in france :up:
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Re: Marine le Pen (FranExit)

Post by TheLoFather »

CigaalSHiiDaaDCFC wrote: Sun May 07, 2017 1:29 pm Glad the french didnt make same mistake muricans did. Scare tactics dnt work in france :up:

Why you surprised Europeans are more smarter and conscience than their cousins à cross the Atlantic
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Re: Marine le Pen (FranExit)

Post by CigaalSHiiDaaDCFC »

LoDoon wrote: Sun May 07, 2017 1:39 pm
CigaalSHiiDaaDCFC wrote: Sun May 07, 2017 1:29 pm Glad the french didnt make same mistake muricans did. Scare tactics dnt work in france :up:

Why you surprised Europeans are more smarter and conscience than their cousins à cross the Atlantic
Farage? Brexit? :eat:
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Re: Marine le Pen (FranExit)

Post by CigaalSHiiDaaDCFC »

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Re: Marine le Pen (FranExit)

Post by FAH1223 »



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Re: Marine Le Pen (FranExit) [Macron wins French Presidency]

Post by CigaalSHiiDaaDCFC »



United euro :up:
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Re: Marine Le Pen (FranExit) [Macron wins French Presidency]

Post by CigaalSHiiDaaDCFC »



Hillary throwing shade at media lol
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paperino
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Re: Marine le Pen (FranExit)

Post by paperino »

Congratulations to Fah. :up:
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Re: Marine Le Pen (FranExit) [Macron wins French Presidency]

Post by CigaalSHiiDaaDCFC »

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Re: Marine Le Pen (FranExit) [Macron wins French Presidency]

Post by CigaalSHiiDaaDCFC »



:pac:
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Re: Marine le Pen (FranExit)

Post by PureQ »

CigaalSHiiDaaDCFC wrote: Sun May 07, 2017 1:59 pm
Farage? Brexit? :eat:
Better question, do Brits want to be called European? Brits in general don't like to associate with Europe, look down on them and historically they've always treated them like third class citizens.

They joined the EU without a vote and exit with a vote which is the proof that they never wanted to be with Europe in the first place
.
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Re: Marine Le Pen (FranExit) [Macron wins French Presidency]

Post by Mustafee101 »

CigaalSHiiDaaDCFC wrote: Sun May 07, 2017 5:05 pm

:pac:
I didn't get this pic. Trump is a right wing and the other two are liberals.
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