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Selco on the Riots in France, False News, and Manipulated Rage: “Every riot can be the start of SHTF”
Selco on the Riots in France, False News, and Manipulated Rage: “Every riot can be the start of SHTF” Editor’s note: The riots in France have been all over the news and we’ve watched many beautiful, historic places being destroyed. While the whole thing supposedly started in reaction to an increase in fuel prices, it […]
The Real Significance of the French Tax Revolt
The Real Significance of the French Tax Revolt The gilets jaunes (Yellow Jacket) anti-tax riots in France escalated over the past weekend, again citing the impact of higher taxes on fossil fuels –and high levels of taxation in general – on everyday life. French citizens, already subject to the highest taxes in the OECD, are being […]
Macron Folds: France Suspends Fuel Tax Hike After “Yellow Vest” Riots
Macron Folds: France Suspends Fuel Tax Hike After “Yellow Vest” Riots With his popularity rating at record lows (recent polls put it at around 26%, on par with Hollande), his capital city burning and the populists he defeated during his stunning electoral victory last year making serious electoral inroads, French President Emmanuel Macron finally caved, […]
Is This Macron’s “Let Them Eat Cake” Moment?
Is This Macron’s “Let Them Eat Cake” Moment? Never underestimate French protests and never underestimate tax protests. Still, that seems what French President Emmanuel Macron has been doing… Former US President Ronald Reagan once described what, according to him, was typically a government’s view of the economy: “If it moves, tax it. If it keeps moving, regulate it. And if it stops […]
There Is Suddenly A Far Bigger European Problem Than Brexit Or Italy
There Is Suddenly A Far Bigger European Problem Than Brexit Or Italy Forget Brexit and Italian populists for a second. It’s worth paying attention to what’s going on in France. For more than two weeks, the country has been disrupted by an unusual protest: the so-called “Gilets Jaunes” or “Yellow Vests.” France is used to […]
The Next French Revolution – Is it Beginning?
The Next French Revolution – Is it Beginning? The austerity measures of the EU are having a profound impact in Europe. In Paris of December 1st, 2018 (right on time with our volatility models for December) there was a major civil uprising, the worst France has witnessed in recent decades. Yellow Vests have converged in […]
Promise Delivered: Macron Promised a Revolution, He Got One, Against Himself
Promise Delivered: Macron Promised a Revolution, He Got One, Against Himself Hundreds were arrested and fires burn as the ‘gilets jaunes’ (yellow vests) protest movement against Macron escalates. It’s rare for politicians to deliver on campaign promises. But French president Emmanuel Macron did. He promised a revolution, and got one. Unfortunately for Macron, the revolt […]
Explaining France’s Grassroots “Yellow Vest” Movement – And Why It’s Spreading Across Europe
Explaining France’s Grassroots “Yellow Vest” Movement – And Why It’s Spreading Across Europe For three weeks, tens-of-thousands of French protesters have donned yellow vests and marched throughout Paris. While the “yellow vest” movement began on November 17 as a grassroots protest against president Emmanuel Macron’s gas tax – levied in the name of climate change, it has morphed into a […]
France In Chaos; Macron Considers State Of Emergency Amid “Yellow Vest” Protests; “All Options” Considered
France In Chaos; Macron Considers State Of Emergency Amid “Yellow Vest” Protests; “All Options” Considered French President Emmanuel Macron will hold an emergency meeting of senior ministers on Sunday following the worst unrest Paris has seen in a decade on Saturday. Government spokesman Benjamin Griveaux told France’s Europe 1 radio that a state of emergency may be imposed to […]
Mass Arrests In Paris As “Yellow Vest” Protests Enter Violent Third Week, Spread To Belgium
Mass Arrests In Paris As “Yellow Vest” Protests Enter Violent Third Week, Spread To Belgium French police deployed tear gas after thousands of “yellow vest” activists converged on the the Champs Élysées for a third week of protests against President Emmanuel Macron and his government. Over 122 arrests have been made. Chanting “On the way to Macron’s resignation,” […]
European Gas Stations Out of Diesel: French Refinery Strike Deepens Crisis
European Gas Stations Out of Diesel: French Refinery Strike Deepens Crisis Diesel is in short supply in Europe. The situation is about to worsen as the biggest French refinery is shutting down. Bloomberg reports Europe’s Diesel Woes Deepen as Strike Halts French Oil Refinery. Total SA, France’s biggest refiner, is in the process of shutting its […]
Diesel Protests in France Turn Violent
Diesel Protests in France Turn Violent Emmanuel Macron blames Marine Le Pen for French protests that turned violent. She wasn’t there. People from across France came to Paris to let the president know how they feel about the taxes in general and the tax on diesel. Police Use Tear Gas as Thousands in Paris Defy […]
“Champs Elysees Burning”: French Police Fire Tear Gas, Water Cannon As Massive Fuel Protests Turn Violent
“Champs Elysees Burning”: French Police Fire Tear Gas, Water Cannon As Massive Fuel Protests Turn Violent French police used tear gas and a water cannon against protesters in the Champs Elysées, in the center of Paris, as “yellow vest” activists flooded the streets. Originally formed to protest rising fuel prices, the “yellow vest” protesters have evolved into […]
Lurching Toward Catastrophe: The Trump Administration and Nuclear Weapons
Lurching Toward Catastrophe: The Trump Administration and Nuclear Weapons In July 2017, by a vote of 122 to 1, with one abstention, nations from around the world attending a United Nations-sponsored conference in New York City voted to approve a treaty to ban nuclear weapons. Although this Treaty on the Prohibition of Nuclear Weapons received […]
Anti-Carbon Revolt: Massive Road Blocks Against Macron’s Diesel Tax
Anti-Carbon Revolt: Massive Road Blocks Against Macron’s Diesel Tax In stunning irony, the French protest against Macron’s diesel tax, while Macron insists the UK abide by climate accord. Please consider France’s Climate Change Commitments Trigger Rising Diesel Prices and Street Protests. On Saturday, more than 282,700 people, many clad in yellow vests, took to — […]
