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The $70 Million “Investment”

January 31, 2019

The $70 Million “Investment” Electric cars continue to cost lots of money – contrary to the now-forgotten original point of the exercise, which was once upon a time to find a lower-cost alternative to gas-powered cars. That’s gone away because gas is so cheap that – even with all the add-on taxes (about a fourth of the […]

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“We Made Mistakes”: France Changes Tone On Yellow Vests As Movement Hits Canada

December 17, 2018

“We Made Mistakes”: France Changes Tone On Yellow Vests As Movement Hits Canada The Macron government has changed its tone after five straight weeks of violent “Yellow Vest” demonstrations across the country. On Sunday Prime Minister Édouard Philippe admitted to Les Echoes newspaper that mistakes were made in the handling of the protests, and that a dialogue is […]

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France Deploys 89,000 Cops Amid Fears Of Yellow Vest Rebellion On Saturday

December 6, 2018

France Deploys 89,000 Cops Amid Fears Of Yellow Vest Rebellion On Saturday French authorities will deploy at least 8,000 riot police and gendarmes in Paris on Saturday, and 89,000 forces across the country according to the Prime Minister, as the Elysee prepares for “act four” of the Yellow Vest movement’s violent protests against the Macron government. In addition […]

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Macron Folds: France Suspends Fuel Tax Hike After “Yellow Vest” Riots

December 4, 2018

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, […]

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Is This Macron’s “Let Them Eat Cake” Moment?

December 3, 2018

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 […]

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There Is Suddenly A Far Bigger European Problem Than Brexit Or Italy

December 3, 2018

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 […]

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The Next French Revolution – Is it Beginning?

December 3, 2018

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 […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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