Market Talk – November 30, 2023
ASIA: The major Asian stock markets had a green day today: NIKKEI 225 increased 165.67 points or 0.50% to 33,486.89 Shanghai increased 7.99 points or 0.26% to 3,029.67 Hang [...]
France – Macron’s Popularity in a Free-Fall
In France, things are not much better. Emmanuel Macron, the current president of the French Republic, has collapsed in popularity from 57% to just starting to break the 30% level. Macron has collapsed in popularity faster than Nicolas Sarkozy did, who was a one-term president. Macron said he wanted to turn France into the “Start-up nation” but really promised the same old traditional political agenda. Many are becoming concerned in France also about the massive immigration. Many French are calling it a Trojan Horse, for now, one-third of all births in France are from non-European.
The problem with all the immigration has been that they dropped all requirements for some sort of skill. This is why many on the legal immigrants in Britain voted for BREXIT for they had had to have the work skill to get in like a doctor or nurse. Trump carried Florida and the Mexican vote for the same reason. So many had to prove they had a skill and go through the Green Card process for years to get in. Nobody is considering the sacrifices others made to migrate. Even the great 19th-century migration from Europe to America, there were no free handouts. They came for the opportunity to work – not a free meal.
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