Civil unrest has broken out in France as a global economic downturn is just getting underway. The significance of this warning sign should not be underestimated.
The Yellow Vest Protests in France (les gilets jaunes) were never about a fuel tax. This was made clear when Macron caved in to their initial demands and cancelled it. Nor is this merely an expression of Macron’s unpopularity (though a 25% approval rating certainly doesn’t help). A deep undercurrent of discontent has been rising in western Europe, and the conditions which are fueling it are set to accelerate. Continue reading “The Yellow Vest Protests Are A Canary In The Coal Mine”

