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Europe has always been regarded by Americans as their own backyard, although this is a rather shameful remark, but most European countries are not ashamed but proud, and feel that they have hugged the thigh of the United States.
Even if you can't be prosperous and rich, but you can eat and drink without worry, only French leader Macron wants to lead the whole of Europe out of the control of the United States and make Europe independent, but so many countries in the whole of Europe, relying on French President Macron alone, it is still a difficult thing to promote European independence.
In fact, under the leadership of Macron, France has developed well in recent years, with GDP growth of 6.44% in 2021 and 0.9% in 2023, and both are higher than the growth rates of some large European countries.
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Let's talk about external issues first, I don't know if anyone remembers the youth riots in France on June 27, 2023, when it was reported that a teenager of North African descent named Nahr was shot and killed by the police in the Nanterre area, a western suburb of Paris, the French capital, for refusing to be controlled by the police.
In the aftermath of this incident, the French population became angry at the violent enforcement of the police, and riots broke out for several nights, including the destruction of public property, looting, and even attacking the police with fireworks mortars.
In order to maintain the stability of the country, the French government arrested a total of 719 people, and a total of 45 police officers and gendarmes were injured in this arrest.
The police shooting of Nahr completely aroused the resentment of people of other descent, which in turn deepened the dissatisfaction of the French minority against the local police.
One of the local police issued a statement saying that if the police fell during the riot, they would face hundreds of people trampling and beating, and it can be said that the riot was very serious, so how did French President Emmanuel Macron solve the problem?
According to the report, at that time, President Macron only tried to use order and political means to maintain order and did not adopt the method of entering a state of emergency to stop the violence, and saw that it had no effect, so he could only use the form of suppressing the rioters to solve the crisis, although the final result was suppression.
But some people compare the riots that broke out in 2005 with this incident, the two incidents broke out for almost the same reasons, but the solution is completely different, after the riots in 05, the French leaders turned on the emergency situation, and the riots were quelled in a short time without causing much damage.
This incident not only lasted for a long time, but also had a great impact on the domestic economy, and these two incidents can reflect that Macron had a big shortcoming in domestic governance at that time.
Later, some people found evidence of a large number of foreign forces intervening in this riot, which shows that many foreign forces have begun to turn the spearhead to France, and it may be that the development of France in recent years has made them feel afraid, so they have tried their best to create contradictions and prevent France from developing peacefully and steadily.
In fact, Macron has always said that he wants to lead Europe to independence and welcome a new light, but in the past few years since he came to power, he has not taken any substantive measures at all.
This has to make the French people feel that what Macron said is just to gain the support of the French people, so that he can continue to be elected president of France, and does not really want to lead Europe out of the control of the United States.
After talking about external problems, let's talk about France's internal problems, I don't know if you have heard of the European Parliament election not long ago, this time the French Baath Party led by Macron and the centrist coalition together only won 22% of the votes, while his opponent the National Alliance won 33% of the votes, it can be said that Macron lost completely.
Many people may not understand why this is the case, but in recent years, France's domestic economic development has been very stable, and exchanges with the mainland have become more and more frequent.
Recently, the leaders of the two countries have visited each other, and it stands to reason that there should be quite a lot of people who support Macron, but in fact, you have only seen the surface.
You must know that during Macron's coming to power, many major events occurred around the world, such as the new crown epidemic and the Russia-Ukraine conflict, which caused France's domestic energy to rise, inflation, and domestic prices to rise rapidly.
In addition, the Russian-Ukrainian war has led to an influx of Ukrainian refugees, occupying some jobs in mainland France, and causing some French people to lose their jobs at home, which has exacerbated the dissatisfaction of the French people.
Second, Macron's overzealous reform of the French economy has moved the cake of capitalism, which has caused strong dissatisfaction from all walks of life, and finally Macron has been in power with a centrist ideology, which does not have as many supporters as the left and far-right factions.
All of the above are the reasons for Macron's low number of votes in the election. Then Macron announced that he would hold an early election, just when the first round of the French National Assembly election was about to begin, France's internal economy could not stand up first, and a large number of international capital began to sell French bonds, resulting in a serious decline in French stock market bonds, and data showed that the French stock market lost $200 billion.
In fact, the reason why these foreign capitals ran away is that Macron has a very low number of votes in this election, and it may be Le Pen, the leader of the far-right faction, who will come to power.
Add to this the fact that foreign capitalists did not want to take this risk so they fled France, and the French economy collapsed directly overnight, what is going on?
In fact, it has something to do with France's internal parties, France is now mainly divided into the left and the far right, and many people may not understand the difference between the two factions, the left wing is generally more traditional and conservative, likes to engage in social justice, and emphasizes the use of state finances to expand taxation and achieve equality.
The far-right, on the other hand, is more extremist and liberal, and more inclined to reduce government intervention. The two parties have different philosophies, and the National Alliance, which received a high number of votes, is actually a far-right faction.
When the far-right leader comes to power, he is likely to change the current French economy and adopt a series of changes that will adversely affect the French economy.
All in all, France is now in a mess, Macron is likely to be unable to support the current situation and step down, after the National Alliance comes to power, how France's economy will develop is still in a fog.
What do you think about the French financial market? Welcome to discuss in the comment area!
Information sources:
The Paper: The Elder Problem Behind the Riots Caused by the Shooting of a Teenager Racial Discrimination and Internal Police Governance