A teacher at the School of Arts and Crafts in the 1970s told his students that there were two ways to screw a whistle onto a steam locomotive weighing several dozen tons:
Either screw it onto the locomotive
Either hold the fixed whistle and turn the locomotive.
He simply wanted to tell his engineering students by taking this striking example that the simplest way to achieve a goal is always the best.
Our political leaders are, for many of them, particular in that they are not clear about their real objectives.
Current example: the financial recovery of France.
The state of our public finances is catastrophic and everyone in politics agrees.
One might think that it is an absolute priority to do everything to straighten them out and that the measures to be taken would be commensurate with the situation. Well, that’s not really the case. The new Prime Minister, who everything suggests that beyond his wit, is someone with common sense, served us the customary ritual, the same one that has been served to us for half a century. We must reduce our expenses and increase our revenues.
At no time since de Gaulle has anyone wanted to address the crucial problem of the loss of our financial sovereignty. How can you claim to steer the ship if you are not in charge of the wheelhouse?
For decades, we have been sold the immense merits of a single currency which would allow us to make our purchases abroad with our own currency, but we have been careful not to tell us about the other side of the coin and, all things considered, these small advantages were not going to outweigh the disadvantages which would subsequently appear.
And among these, the fact of no longer being able to control our currency is today the one that paralyzes us the most.
The case of Greece
In 2010, Greece’s financial situation was quite similar to that of France today.
A staggering debt and a huge budget deficit, resulting in part from the 2008 financial crisis but also from the fact that the figures communicated by Greece did not reflect its real economy. The Maastricht Treaty imposed so-called “convergence” criteria (deficit
In 2015, despite the efforts made by Greece, the situation had gotten even worse and a plan drawn up by the “Troika” was imposed on Greece. Prime Minister Alexis Tsipras organized a referendum and more than 60% of Greeks refused this plan. The only possible outcome: leaving the euro.
It was a sort of electric shock for the leaders, convinced Europeanists, who suddenly saw the possibility of seeing the Euro-globalization dream which was their life’s work collapse.
Imagine for just a moment that Greece got out of this situation by regaining its financial sovereignty with the reactivation of the drachma!
All the countries in difficulty could have wanted to secede and as the Maastricht Treaty did not provide for leaving the euro zone, they all had to leave the European Union. How could anyone have justified this to Uncle Sam?
Note that, since 2019 and the COVID affair, no one in Europe has worried about the famous “convergence criteria”…
The case of France
It is curious to note that the European Commission, increasingly assimilated to a European government whose ministers would not be elected, decided to take an interest in the case of France only after President Macron, a great Euro-globalist, has put himself out of the game. Given our almost desperate situation, we can doubt the effectiveness of the “Barnier plan” which uses the same clichés as its predecessors. In 2007, according to the Prime Minister at the time, François Fillon, France was already bankrupt. Is there any wonder that it still is, given that nothing has really been done to remedy it?
Our trade balance imbalance has increased over time, in step with the deindustrialization of our country. What was the origin? Who implemented this doctrine according to which industrialized countries had to move into the “post-industrial” era? How could anyone believe such nonsense?
Of course, the idea was attractive. The financiers’ wildest dreams were going to come true! The trees were going to climb to the sky! A speculator’s paradise was in sight. One key word: make money.
Small problem, however: our entire system is built on growth. Produce more, always more to sell more. This can be true for goods, but is money a commodity?
The sequel showed that no. This entire monetary system whose issuance is based on debt can only lead to exponential growth of it. We must understand that it is the interest paid on these debts, which constitute loans for us, which enrich our creditors who, thanks to the system of “fractional reserves” have created the majority of this money from nothing.
They are not interested in repaying the capital because they would have to destroy it once repaid.
A desire to maintain opacity
The Prime Minister is careful not to mention this whole system and cuts it short by saying that we must reduce our budgetary deficits and our debt. The problem is that we are entirely at the mercy of central banks, who can decide interest rates unilaterally.
It is this servitude from which we must escape by resuming our monetary sovereignty because it is not the 60 billion additional revenues (taxes and reduction in expenditure included) which can get us out of this impasse. What awaits us is analogous to the fate of Greece which, after years of considerable restrictions, still cannot increase the purchasing power of Greeks.
Rather than making an objective observation of the different stages which led to this catastrophic situation, our leaders have always preferred to avoid the real reasons which led to this situation. It has its origins in the liberation, when the American administration decided to occupy the European territories that it had liberated. De Gaulle always opposed it and he understood that the salvation of France required a reconquest. of its sovereignty and all its attributes. Unfortunately, our political leaders, by ideology or by interest, have given in to the song of the “Euro-globalist” sirens and have obeyed this American tutelage which is becoming more and more burdensome, making Western Europe in general and France in particular, an entirely vassalized entity depending more and more on the decisions of the American administration, relayed by a political class itself colonized.
Regain independence and sovereignty
We can never say it enough, but there cannot be democracy without popular sovereignty, something that our globalist elites contest today, resolutely in favor of the “rule of law” which would allow popular sovereignty to be circumvented.
To regain this sovereignty, several steps are necessary to “unravel” the spiral that led us to its loss.
We absolutely must regain our monetary sovereignty, by clearly explaining to the French people why this is necessary. Next, we must increase our energy production while decreasing its cost. There cannot be reindustrialization without sufficient and cheap energy. Growth can only be the result of increased production linked to a gain in productivity and competitiveness. We must also, as all other countries do, favor our national production and move away from the chimeras of cooperation intended above all to make us lose all autonomy. These cooperations, the principle of which is desirable, must only serve the growth of the cooperating countries, and should not serve to diminish national independence and sovereignty as has been the case for decades.
The order of things is established and we can note that the spectacular recovery of France under de Gaulle was accomplished with similar sequences. The triptych “currency, energy and industry” can be the winning trifecta if we respect its order.
Jean Goychman
Photo credit: DR (illustrative photo)
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