CHRONICLE – The reassurers are not very reassured, because neither a technical government nor a Bardella government proposes a project likely to ensure confidence, and therefore growth.
France, which is doing well, is doing badly. Dazed by the dissolution. Disarmed by the sabotage of the political offer of the center or even of the government parties. Depressed by the prospects in the form of an alternative Charybdis or Scylla that are announced.
In the economic world, the France that is doing well has frozen in an instant. Invest, hire, get into debt? For companies and their leaders, it is urgent to wait to know what tomorrow will bring, particularly in terms of taxation, trade policy, and the cost of money. Real estate and construction will, again, be the first to be affected. After seven years of supply-side policy that brought visibility, the fog has suddenly fallen. A smog that could be cut with a knife.
A need for trust
France, which is doing well, is doing badly. « The central promise of the populists’ revolution is the humiliation of the powerful, and this is realised the moment they come to power. », recalls Giuliano da Empoli in The Engineers of Chaos. July 8th…
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