3 ms·
Today's 34.5% Le Pen vote is very very bad news, her campaigning was atrocious I believe she did not really want victory. John Oliver's segment was good, but t
by polotics 9y ago
Today's 34.5% Le Pen vote is very very bad news, her campaigning was atrocious I believe she did not really want victory.
John Oliver's segment was good, but to understand what comes next I recommend you check out the widening gap between the yields on French and German sovereign, albeit both euro-denominated, bonds: a 20%-25% implicit devaluation of a Le-Pen minted New-Franc stares back. Unless Macron agressively addresses the underlying competitivity issues, which I wonder if he can because the French suck at understanding economics, I cannot ser how the Front National could lose it in 2022.