The French State Is Powerless. It's a Political Disaster

The French State Is Powerless. It's a Political Disaster
AP Photo/Michel Euler

France has been unable, as a member of the euro, to follow the policies it needs. The French national interest has been misinterpreted to mean following the policies that Germany and the European Central Bank require.

When those policies turned out to be wrong for France, nothing could be done to alter course. This is a disaster which plays into the hands of the Front National, of which the French political class is now terrified.

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