economyFrance
Need & Prospects of the 6th French Republic #47
The 5th French Republic is in trouble. In this podcast, I discuss its problems, red herrings, solutions, and prognosis.
Published by Dr Jiulin Teng on 31 Mar 2022
Keywords: drjlt-economicsfrance
The 5th French Republic is in trouble. In this podcast, I discuss its problems, red herrings, solutions, and prognosis.
Problems:
1. Bureaucracy
2. Institutionalized corruption
3. Foreign influence (EU, NATO, US)
Red herrings:
1. Immigrants
2. Russia, China
Solutions:
1. Get out of EU, NATO
2. Cut bureaucracy and improve competitiveness
3. Get rid of institutionalized corruption
Prognosis:
Not happening this election cycle. Macron will win, and things will get worse before it gets better.
