French PM Manuel Valls has dissolved his government after a crisis ignited, forced by the economy minister saying France should stop austerity and not mimic what Germany does. “Austerity” means microscopic interest rates. This benefits banksters and no one else. Banksters borrow virtually free from the central bank and uses the money to speculate. Little if any of it is used to build the economy and jobs.
France has entered uncharted political waters after the prime minister, Manuel Valls, presented his government’s resignation amid a political crisis triggered by his maverick economy minister who called for an end to austerity policies imposed by Germany.
The government is pretending to be tough here. However, the draconian policies of austerity have just toppled their government. Stay tuned.