European Shares Slip Amid Trump Tariff Woes French Lenders Drop 2024 11 27
ReutersDEC 2024
Barnier's concessions to Marine Le Pen's far-right agenda signal a broader failure of France's political system. His scrapped tax hike, restrictions on healthcare for migrants, and electoral reform proposals betray a desperate attempt to placate extremists, undermining the republic's principles. As mainstream parties fail to unify, Le Pen exploits the chaos, consolidating power while eroding democratic norms.
Macron’s government has proven its incompetence, paralyzing France with snap elections and reckless tax hikes. PM Barnier's harmful policies have left the nation with rising borrowing costs, stagnating growth, and declining consumer confidence. It's clear that only the National Rally’s pragmatic, growth-focused leadership can restore fiscal stability, protect pensions, and rebuild public trust.
According to the Metaculus prediction community, there is a 33.32% chance that Marine Le Pen will be elected president of France in 2027, compared to 23.85% for another candidate.