• 9 Posts
  • 311 Comments
Joined 1 year ago
cake
Cake day: July 11th, 2024

help-circle
  • Basically all of this boils down to France needing more money. This is actually relativly easy to solve, by doing two things: Eurobonds and a EU finance agency regulating financial companies like banks, insurances and so forth in the EU and if need be bail them out. That would lead to borrowing costs equalizing throughout the Eurozone for private borrowers and Eurobonds would be at a lower rate. Maybe even lower then Bunds, as current USD holders will move to the Euro.

    Let’s see what happens, but this is badly needed.



  • The US trade deal is not going to lead to higher LNG imports. It is a complete piece of bs, which both sites have no plan to actually follow. Gas consumption is going to fall and LNG is more expensive then pipeline gas. As soon as the 10% pipeline gas from Russia are cut, the EU will start cutting down on LNG. If Russia looses the war, then it is pretty likely that they start selling gas to Europe again using pipelines. That would massively cut LNG too.








  • Local elections are different, because many actually know the candidates personally, lower voter turn up, the groups run on local issues and difference to the party on a federal level grow the smaller you go. For example there was a lot of media attention on Meißen in the state of Saxony getting an AfD mayor. The federal results would have made that fairly obvious, but in the end the AfD candidate lost with an 18% margin.

    This is also true the other way around. Local results do not translate into state or federal results.










  • Basically there are three large coalitions one the left, center and right. Those are then made up of individual parties. All three are roughly the same size and Macrons centrist are calling the shots. As obviously the right and left have less they agree on and Macron is president. However both of those groups want to be president and the individual parties want more power for themself as well. So every once in a while the parliament gets blown up, due to the three coalitions fighting.

    Add to that a culture of protests and rather strong unions and voila you get hard fights. The good part is that the French rich are genuinly worried about loosing their heads.