Post by
R_J_ on Apr 19, 2017 11:35am
And now another brick, France - three Mondays away.
Recent Elections.
UK : Wants out of EU & Euro
Italy: Wants out of EU & Euro
As Peep2 has shown us, the German Bank seems toast.
-
Now France:
Marine Le Pen, presidential candidate: Wants out of the EU & Euro
-
Nick Giambruno
Quote:
-
Marine Le Pen is the main political outlet for the disillusioned French.
These are largely working-class voters fed up with so-called mainstream politicians.
-
Le Pen’s National Front party is the single largest French political party.
Around 25% of the electorate supports it. So there’s a real political machine behind her.
Le Pen is a serious candidate.
She’s not nearly as fringe as the mainstream media makes her out to be.
Especially since her opponents have repeatedly shot themselves in the foot with scandals.
-
. . . . . .
-
Marine Le Pen is a French nationalist. Think of her as a French Donald Trump.
In fact, she was the first foreign politician to congratulate Trump on his victory.
-
If Le Pen becomes France’s president, she has promised to take France out of the euro currency. She’s called the euro “a knife stuck in our ribs to make us go where others want us to go.”
-
Le Pen is near the top of the polls, as you can see in the next chart.
But with 43% of voters still undecided, the race is still wide open.
-
End Quote.
In France, if a single candidate doesn’t get more than 50% of the vote, there’s a second vote between the top two finishers.
-
As things sit now, it’s unlikely that any candidate will get over 50% in the first vote on April 23. That means the election will likely go to a second, final vote on May 7.
-
Could this be the end of the Euro?
Will this cause a rush to safety [Gold]?
-
RJ