France Presidential Election 2017

[superfrank]

It's interesting that the establishment and status quo is being seriously threatened once again (following on from Brexit and Trump).

People are sick and tired of a system that benefits the few at the expense of the many (policies of globalisation, corporatism and mass immigration are pursued by all mainstream parties & govts. in Europe and North America and, until recently, people have had no real choice at the ballot box to oppose it).

Times are changing and hopefully you aint seen nothing yet

[Dublin_Flyer]

It's interesting that the establishment and status quo is being seriously threatened once again (following on from Brexit and Trump).

People are sick and tired of a system that benefits the few at the expense of the many (policies of globalisation, corporatism and mass immigration are pursued by all mainstream parties & govts. in Europe and North America and, until recently, people have had no real choice at the ballot box to oppose it).

Times are changing and hopefully you aint seen nothing yet

That's called capitalism. What do you suggest otherwise?

[ShaunWhite]

Times are changing and hopefully you aint seen nothing yet

Times aren't changing at all, it will be the usual story of a few minor tweaks here and there. Trump, hardcore capitalist. Brexit, capitalist principals. Tories, hardcore capitalists. It's not like these people belong to the Tooting Popular Front, I don't see much sign of your glorious revolultion.

[LeTiss]

Tooting Popular Front

Showing your age there. Unfortunately, I'm also old enough to remember Citizen Smith

[Euler]

Power to the people

[superfrank]

People are sick and tired of a system that benefits the few at the expense of the many

That's called capitalism. What do you suggest otherwise?

No it's not. What we have is crony capitalism where many "businesses" are deemed too big to fail and where corporate interests are allowed to quietly control things (see EU lobbying, funding for US parties, TIPP etc.). The response to the financial crisis tells you everything you need to know about who the system work for.

If we had true capitalism then the market would set interest rates, they wouldn't be controlled by a central bank (that's central planning, i.e. far closer to a communist model). Wolfie would be proud!

[marksmeets302]

In 2008 I was very happy with the fed stepping in to rescue AIG. It's not all bad.

[Laugro1968]

It looks like Macron is going to win the first round.
His contender is not certain yet.
Laying MLP at 1.24 on the "Final two" market makes sense. You never know....

[Laugro1968]

Free money backing Macron to win the first round at 1.25!

[superfrank]

how dull!

[LeTiss]

Free money backing Macron to win the first round at 1.25!

Are you sure?

The news is reporting Le Pen is winning

[Laugro1968]

Sorry LeTiss, this was two hours ago. Macron to win first round is at 1.03 right now!
Macron winning second round at 1.17 is still value. But better to wait as two weeks is a lot of time in politics.

[LeTiss]

That's a shame for genuine French people

There again, you only need to open a history book to see the French have always been scared of conflict

[superfrank]

yep, their problems won't be going away with yet another centrist puppet appeasing the Germans, markets and snowflakes.

[ShaunWhite]

The response to the financial crisis tells you everything you need to know about who the system work for.

I was fine with the response, I woke up in the morning and still had a pension.

Sure, 'we' had to bail out a few banks for a few billion quid. But that's chicken feed compared to the economic value the banks have provided for the last 100 years. A gambler can't be up every day, and our lifetime P/L on Banking is still well in the green. When times were good I didn't see hordes of people declining free banking or handing half their pension back because the return on what they'd put in was too high. We had an unusually bad year and suddenly everyone's an expert and wants to bin a perfectly good long term strategy. Granted it's not perfect but far better than either extreme.