What's going on in Paris?

STEED · 05-21-16, 04:35 AM

Quote:

Originally Posted by Jimbuna

Mr Cameron will no doubt be keeping a close watch on developments.

That's going to be tricky when he has his head up the EU's never never region.

Skybird · 05-21-16, 04:53 AM

The social demands of the French are extremely high, compared to other eurpean countries. This is ruinous for the economy, it prevents investments and hinders the hiring of people - becasue for companies in France it is even more diffiuclt than in Germany to fire them again if the company goes into a dive and suffers. The demands for what the state has to come up for, also are extremely high in France. "The state pays for it!" is a French idiom, so to speak. They do not think beyond this simplicistic phrase.

If even an open socialist like Koland now sees the need to correct these things a bit, this really should tell people how desperately down the fiscal situation of france indeed is. There is a reason why many insiders and observers see not Italy Greece, Ireland or Spain as the most likely an most dangerous cause for an Euro crisis, but France. Just that the "saving" of France will cost others much, much more than Greece or Ireland.

They must pass through this deep dark valley, and then even deeper valleys, the French state as of today is unsustainable they way it was run in the past. Just wishing for socialist regimes, will not do any good in the long run.

Jimbuna · 05-21-16, 05:20 AM

Quote:

Originally Posted by STEED

That's going to be tricky when he has his head up the EU's never never region.

On the contrary....if he sees France getting away with such reforms he will do likewise.

Remember your mate Mrs Thatcher?

05-21-16, 04:53 AM	#2
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,691 Downloads: 10 Uploads: 0	The social demands of the French are extremely high, compared to other eurpean countries. This is ruinous for the economy, it prevents investments and hinders the hiring of people - becasue for companies in France it is even more diffiuclt than in Germany to fire them again if the company goes into a dive and suffers. The demands for what the state has to come up for, also are extremely high in France. "The state pays for it!" is a French idiom, so to speak. They do not think beyond this simplicistic phrase. If even an open socialist like Koland now sees the need to correct these things a bit, this really should tell people how desperately down the fiscal situation of france indeed is. There is a reason why many insiders and observers see not Italy Greece, Ireland or Spain as the most likely an most dangerous cause for an Euro crisis, but France. Just that the "saving" of France will cost others much, much more than Greece or Ireland. They must pass through this deep dark valley, and then even deeper valleys, the French state as of today is unsustainable they way it was run in the past. Just wishing for socialist regimes, will not do any good in the long run. __________________ If you feel nuts, consult an expert.