The governor of the Bank of France, analysts and reference institutions, former president Nicolas Sarkozy and public opinion believe that the budgetary “contortions” of Sébastien Lecornu, prime minister, and Emmanuel Macron, president, are “worryingly” worsening the … political and financial crisis in France, the most serious since the founding of the regime by General de Gaulle between 1958 and 1962.
Opposing Lecornu’s parliamentary misdeeds – which contribute to worsening deficits and the national debt already considered the most serious in the euro zone -, François Villeroy de Galhaugovernor of the Bank of France, was direct. “What is happening is worrying. The reduction in uncertainty was expected. And what is happening is that uncertainty and confusion are increasing,” he warned.
“France runs the risk of progressive asphyxiation,” Villeroy de Galhau continued, adding that “what we are considering is a failure, on a very tortuous and uncertain path.”
Jean-Claude Trichetformer governor of the Bank of France and one of the most influential figures in national economic history, commented on the scams of the Lecornu-Macron couple: “We are victims of a terrible political disorder, with catastrophic consequences for the nation”.
L’Hexagone, a reference institution in the historical analysis of the national political and economic situation, published a devastating report on the practical result of Macron’s policy and the continuation of the scams of its head of government. Their main complaints are:
– All public accounts are in the red, placing France at the bottom of the European ranking.
– France has and will have in the near future the most serious public deficit in Europe, becoming a factor of crisis and uncertainty for the euro zone.
– Public debt continues to grow, worsening the financial crisis of the State, while the rest of the members of the European zone improve their situation.
This catastrophic economic, financial and budgetary reality has a very high social and political cost, and aggravates other very deep national crises.
The former president’s diagnosis
For his part, Sarkozy analyzed this national crossroads, denouncing a series of problems of immense scope.
Faced with national crises, the former French president declared in the weekly Le Point (independent liberal): “It is only on very rare occasions that France has been the victim, like today, of a national situation which can precipitate a serious social explosion.”
According to him, France is experiencing a “pre-revolutionary atmosphere”, which includes many “rotten margins”: “the worrying growth of an Islam hostile to the State”, “the dangerous marginalization of Christianity”, “the uncontrolled relations between the traditional right and the extreme right”, “the national and continental, European uncertainty, which threatens the future of the West, as we have known it since the end of the Second World War in 1945”.
Sarkozy’s personal opinion coincides very precisely with the general concern of the French about the scams of the Lecornu-Macron couple. According to a study by the Sciences Po Political Research Center (Cevipof), 75 to 76% of French people believe that France’s first problem, “problem number one”, is the political class and its scams, perceived as a concern for families and the national future.
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