Emmanuel Macron: A New Hope for Change in France?

01.08.2017 • Switzerland

Henry Bonner – Strategy and Council Letter (Switzerland) –

In November 2016, Trump wins elections in the United States … Horror …! Calamity…!

6 months later, we have enough to relieve … Macron wins …! Victory…! We can breathe again …!

At least, if you follow the newspapers, that’s what you would have read …

We were in Paris in mid-July … suddenly, a police motorcycle rally, sirens full of ears, go down the platform …

After them, state cars spin the crate … again motorcycles … and then we understand the cause …

Two or three vans with “Washington DC” license plates sped into speed …

We were on the eve of July 14th …! Had we not read in the paper that Trump would be passing through the parade?

We still have a little difficulty understanding why the media react so harshly to Trump in general …

Does not he always give them something to say? Does not it allow them to explore new …? Why do they want so many elected officials who say the same thing as the rest … which brings nothing new … that interests the public least …?

Basically, why do they refuse so much to see the deceptions and lies that common people see in politicians …?

Within the same country, you have a competition of myths and ideas that try to impose themselves …

Many people are adopting those who will benefit them …

As a result, when Macron announced that it wanted to reduce the deficit by reducing a number of expenses, a part of the population became annoyed …

France 24:

“With 54% of people approving of Macron – 2 points less than Holland at this time in its presidency – the French seem to be disillusioned …

“With its program to reduce support to localities at the level of 13 billion euros – 3 billion more than announced during his campaign – the town halls are rising against him …

“Other targets of its spending cuts of 60 billion euros by 2022 have resulted in similar reactions … with, for example, its plan to reduce the education budget by 300 million euros.”

On the other side of the Atlantic, Trump finds himself against similar opponents … because nobody wants to see his share of the cake reduced … especially when his share of the cake is not obtained from people who pay you by Choice … but by the hand of the State forcing them to do so.

Trump himself refrains from touching the budgets of the branches of the state … preferring to do in the symbolic …

At the moment, politicians are fighting over Obamacare, the health law that has set up the administration of Barack Obama …

His team, to pass the law, named it “Affordable Care Act”. In fact, far from reducing costs, the Act has made them climb … because it compels insurers to cover a variety of people and services that are expensive …

If they had wanted to, they would have been able to cut service prices by suddenly removing the hundreds of thousands of pages of rules that insurers, hospitals, and doctors have to follow to administer care … and by eliminating payment Of services by the State, which puts the individual in competition with the government for the services of hospitals …

In short, can Macron “change things” in France …?

No more than Trump … or Merkel … or any other …

What to do…?

We were at a wedding in Poitou this Saturday …

“Macron has raised the stock market” said one of our interlocutors …

“Good,” we thought …

We believe that our interlocutor was referring to the campaign weeks, when Macron took over Fillon … then Le Pen … and during which the stock exchange climbed …

On the other hand, look at the performance of the CAC 40 since early May …

Ouch … we have lost about 5.6% since his election …

Should we be concerned …?

Well, we do not like to hear that “all is well …”

However, for one year, we have not stopped exceeding the record … of valuations … of debts … of stock prices …

We do not know, of course, when the storm will happen … but the air starts to feel the humidity …

To be continued…

Truly,

Henri Bonner

-Read more at www.lettre-strategie-conseil.com (French)-

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