France is going backwards, Le Pen is going forwards, Italy is going nowhere, and the Brits just want to go.
France’s insuperable problems are still by far the most likely to unravel the EU and its currency….as well as push Merkel to the East. The Slog analyses why ‘most likely’ has become a certainty.
Anyone here on the ground in France is acutely aware of just how dire the private sector’s performance is at the moment. The most obvious example of this is in the multiple retail sector, where the drop in prices has now spread even to cheap foods. Everything here in France is on offer….and has been on constant offer since April. The Folie du Printemps turned into the Foire de l”Ete, and today the signs just say Solde! Solde! Solde! in huge letters everywhere.
Comparing French prices to those in neighbouring countries – and this general rule…
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