Pinocchio has zero idea on economics (amongst other things)
Polish GDP growth is currently circa 5%
https://tradingeconomics.com/poland/gdp-growth-annual
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Emmanuel Macron, President of the French Republic
- Thread starter Bomberboyokay
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Pinocchio has zero idea on economics (amongst other things)
Polish GDP growth is currently circa 5%
https://tradingeconomics.com/poland/gdp-growth-annual
Bradesmaen
TheBrownDog
preliminary data. ****ing lol. Ranting and raving lunatic who just jumps the gun on absolutely everything with no clue about what he is talking about. So good, I could read this stupidity all day.
Funny way of saying "you were rights Meds". You better ring Bloomberg and tell them they dont know anything about financial journalism.
https://www.bloomberg.com/news/arti...den-now-the-highest-of-any-oecd-country-chart
France had the highest tax burden across the 34 OECD nations last year, according to a report published Wednesday. The ratio increased to 46.2 percent, pushing France above Denmark, which had led the ranking for more than a decade.
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He has a long history of embarrassing himself, it’s kind of endearing.
FireKrakouer
Why are you booing me, I'm right!
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It is, isn't it? He's like Ocasio-Cortez: with every horrifyingly embarrassing gaffe that comes to pass, I just like them more!
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nah AOC is good looking.
Decent odds on both Germany and France going in to recession.
https://www.marketwatch.com/story/h...-of-entering-a-technical-recession-2019-01-14
https://www.marketwatch.com/story/h...-of-entering-a-technical-recession-2019-01-14
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So what's the deal with the protests in France? Anyone willing/able to give a summary of the causes (and a view on whether the protests are reasonable or not)?
https://www.thelocal.fr/20190119/french-police-under-fire-as-yellow-vests-casualty-toll-mounts
The "yellow vest" protests that erupted last year over fuel taxes have broadened into weekly demonstrations across France against President Emmanuel Macron, sometimes spiralling into violent clashes with police.
The "Disarm" collective, a local group that campaigns against police violence, has documented 98 cases of serious injuries since the first nationwide protests on November 17, including 15 cases of people losing an eye.
The left-wing Liberation daily counted 77 people with serious head injuries, 71 caused by rubber bullets and others by stun grenades.
The "yellow vest" protests that erupted last year over fuel taxes have broadened into weekly demonstrations across France against President Emmanuel Macron, sometimes spiralling into violent clashes with police.
The "Disarm" collective, a local group that campaigns against police violence, has documented 98 cases of serious injuries since the first nationwide protests on November 17, including 15 cases of people losing an eye.
The left-wing Liberation daily counted 77 people with serious head injuries, 71 caused by rubber bullets and others by stun grenades.
More than half (56%) of France's population want the anti-government Yellow Jackets movement to stop its protests, with many no longer believing that the weekly, and often violent, demonstrations reflect the group's initial demands, according to a new poll.
When you cant even get the majority of the french to agree with a strike then your strike is done.
When you cant even get the majority of the french to agree with a strike then your strike is done.
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Liberalism’s final defeat is going to be very hard on you.
It going to be very hard for everyone when people realise what the alternative is. Economic collapse, loss of personal freedoms and eventually war. Fun times ahead.
All the French people I know have hated it from the start. Who wants to spend their saturday's or sunday's with family stuck at a tollgate while imbeciles block traffic and stop people from getting where they want to go?
We arrived back in Nice last Saturday and had to travel the opposite direction from home to pick up our dog. On our return back on the autoroute, the same road we had taken 40 minutes earlier was blocked and closed off for hours. If our plane was 40 minutes later we wouldve been stuck for 3 hours going nowhere after a 13 hour flight. No way off, no way out... Trapped just because these campaigners dont think they have it good enough already.
Sure, French wages are low if you're in that bracket, but the health care, and aid the government give to the elderly is incredible.
In the height of the Gillet Juene movement they were doing BBQs in roundabouts and cheering people driving past.. It was almost like it was a social occasion.
They're a pain in the ass and should be ****ed right off.
Despite disavowing it Macron is continuing France's neocolonialist tendencies, following his interference in Lebanon with suggesting the former head of Credit Suisse in a role to help govern the Ivory Coast.
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Funny that there's twelve threads on the US on the first page of this subforum and nothing on France, currently in the midst of its greatest social upheaval since 1968.
Facing defeat in the Parliament on his deeply unpopular plan to lift the retirement age from 62 to 64, Macron bypassed parliament and decreed the change, setting off enormous protests across the country. The biggest trade unions have called a general strike, which only seems to be escalating, and a no confidence vote in Macron was narrowly defeated in the Parliament.
It probably will blow over and will have ended up a successful step in the further deterioration of people's quality of lives. But worth discussing it and the man who wishes he was king.
Facing defeat in the Parliament on his deeply unpopular plan to lift the retirement age from 62 to 64, Macron bypassed parliament and decreed the change, setting off enormous protests across the country. The biggest trade unions have called a general strike, which only seems to be escalating, and a no confidence vote in Macron was narrowly defeated in the Parliament.
It probably will blow over and will have ended up a successful step in the further deterioration of people's quality of lives. But worth discussing it and the man who wishes he was king.
My mum asked me last week if I was setting shit on fire in the street(I dont live in Paris)... I replied it must be saturday.
Macron's a campaigner, no doubt.. auditioning for moderator status here possibly.
You don't know the French if you think this is the likely outcome.
They will fight this all the way, and won't blow over anytime soon.
Its greatest social change in 50 years is lifting the retirement age from 62 to 64. This is over a period in which life expectancy has risen by nearly twenty years.
do you get how ridiculous that comment sounds?
its an incredibly minor change. The fact a bunch of toddlers are sooking about it does not change that fact.
Power Raid
We Exist To Win Premierships
working is not a deterioration of people's quality of lives
The fact that the population is aging in France & Europe in general. Corporations & rich people hardly contribute to Government coffers. Thus paying for the increasing needs the aging population falls on a smaller number of working people.
62-64 is hardly a major issue, but its seen as the thin edge of the wedge. Its when they start pushing it to 70 & reduce the services to people who've worked for relatively low wages & had families & contributed with taxes, I'm not surprised its come to this.
I get those in their 40's, 50's protesting. They are (reasonably) close to that age and want their pension. Those younger though should be supportive. If the age doesn't go up, the alternative is more taxing the working age (them). 2 years longer to retirement or 30 - 40 more years of paying higher taxes.
the only issue with rising the retirement age from 62-64 is its not even remotely high enough. they were never intended to fund 25 years of pensions. They were intended to fund less than 10. people are now getting more than double the funds from them. the retirement age should be closer to 70.
note almost everyone can still retire before the retirement date using their own savings. The only ones who wont have any savings are the workers who spent far to much of their working age period not working. And those people should be playing catch up and working longer than others, all else equal.
rich people dont get pensions. They just pay for them. Cant really attack them in a thread about giving poor people 20 plus years of free income paid mostly by the rich.
also raising the retirement age helps with the issue in your first line. Dealing with the aging population people. which is really a rising dependent to worker ratio problem in large part created because people live much longer in their retirement.
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Sure, rich people don't get pensions. They & corporations generally have 'arranged things' so they pay little tax in the first place.
Tax goes towards social needs such as pensions, health & education, stuff 'ordinary people' struggle to afford due to years of poor or falling value of wages!!They can 'thank' the rich & corporates for that.
Such taxes also go towards things like the national infrastructure needs & national defense needs. Things that the rich need too but pay relatively less for.
So your 'ALL ELSE BEING EQUAL' should mean wages should be higher & taxes should be commensurate to income.
That indeed would produce a more equitable situation in a nation like France. Pensions & personal superannuation would be higher & better able to sustain people in enjoyment of a decent retirement, well
before they inevitably meet their maker.
yes it is if they can get the same income without working.
Real wages havent fallen. Where do you get that idea from? They have grown more slowly then other periods in developed economies. But they havent fallen. The reason they have slowed in developed economies are slowing productivity (in part because of a lack of incentives for capital owners to invest in new tech), rising trade and relocating supply chains (this has boosted developing economies wages at a higher rate then it has slowed developed) and rising female participation rates (which have boosted family income growth at a higher rate even if they have slowed individual wage rates).Sure, rich people don't get pensions. They & corporations generally have 'arranged things' so they pay little tax in the first place.
Tax goes towards social needs such as pensions, health & education, stuff 'ordinary people' struggle to afford due to years of poor or falling value of wages!!They can 'thank' the rich & corporates for that.
Such taxes also go towards things like the national infrastructure needs & national defense needs. Things that the rich need too but pay relatively less for.
So your 'ALL ELSE BEING EQUAL' should mean wages should be higher & taxes should be commensurate to income.
That indeed would produce a more equitable situation in a nation like France. Pensions & personal superannuation would be higher & better able to sustain people in enjoyment of a decent retirement, well
before they inevitably meet their maker.
you get governments dont simply decree what real wages can be right? They are determined by supply, demand, skill level and capital availability (The more capital per worker the higher wages will be).
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