• French Elections Spell Economic Disaster

    July 7, 2024
    1 Comment
    French Elections Spell Economic Disaster
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    The loser of today's runoff election was the French people, if exit polls are correct. Each of the major political blocks in France achieved approximately a third of the vote.

    Hopes had been high for a right-wing, populist victory.

    The New Popular Front (NFP), a coalition of Marxists, has taken the lead, with Macron's centrists in second place, and Le Pen's National Rally (RN) coming in third. None have enough for a parliamentary majority; however, the NFP and Macron will likely form a majority block.

    The problem is for France, none of these parties think alike, and a financial crisis is imminent.

    The NFP has vowed to raised taxes massively across the board. This will lead to higher interest rates and an unsustainable debt burden on French society.

    Macron will likely appoint NFP leader Melenchon to the PM position.

    The election was likely fair, due to tight French election process, but the coordination between NFP and Macron's party in picking candidates likely did the trick. In addition, a hyper scare campaign applied maximum pressure to the French people in the last week, scaring the population over a possible right-wing victory.

    The flood gates will now be opened for unlimited immigration which will alter France forever.

    The coming financial collapse will allow Macron to invoke emergency powers under Article 16 and then send French troops to fight and die in Ukraine.

    • Left Alliance Set for 170-215 Seats
    • Macron’s Group Set for 150-182 Seats
    • Le Pen’s Group Set for 110-158 Seats

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    L Todd Wood

    L Todd Wood, a graduate of the U.S. Air Force Academy, flew special operations helicopters supporting SEAL Team 6, Delta Force and others. After leaving the military, he pursued his other passion, finance, spending 18 years on Wall Street trading emerging market debt, and later, writing. The first of his many thrillers is "Currency." Todd has been a national security columnist for The Washington Times and contributed to One American News, Fox Business, Newsmax TV, Moscow Times, Novaya Vremya (Ukraine), the New York Post, National Review, the Jerusalem Post, Zero Hedge and others. He is also founder/publisher of CDM. For more information about L. Todd Wood, visit LToddWood.com.
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    And the West continues to commit suicide based upon the lies of the globalists, who are one step closer to taking over everything. They will get their one world government, either through popular acquiescence or through force. You will own nothing, and you will be happy!

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