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Our country is totally bankrupt: French employment minister


Iphonista

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Joined
Jun 6, 2012
Messages
4,200
Ooh, la la! This is not the sort of talk Monsieur Hollande wants to hear from his cabinet. At this point in time, everyone should be on message, singing from the same hymn sheet. But not Michel Sapin.

In a radio interview where he was trying to explain the government's policies of spending cuts and more taxation, he declared that France was "totally bankrupt". If he meant it as a shock to the listeners, it has backfired badly.

Anyway, rightly or wrongly, rich French people are voting with their money. Recent figures from the French Central Bank have confirmed that flight of capital from La Belle France is well and truly under way.

Govt rows back on Minister's 'bankrupt' claims - RTÉ News
 


commonman

Well-known member
Joined
May 29, 2010
Messages
5,360
Most country are broke, but in France the rich are getting hit , not like in this country.
 

Heligoland

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Joined
Jan 21, 2007
Messages
2,333
Recent figures from the French Central Bank have confirmed that flight of capital from La Belle France is well and truly under way.
Let's see these figures then.
 

harshreality

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Joined
Oct 14, 2011
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2,688
Upon hearing that news approximately 65.5 million people shrugged nonchalantly!
 

Lain2016

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Joined
Mar 1, 2011
Messages
7,713
Ooh, la la! This is not the sort of talk Monsieur Hollande wants to hear from his cabinet. At this point in time, everyone should be on message, singing from the same hymn sheet. But not Michel Sapin.

In a radio interview where he was trying to explain the government's policies of spending cuts and more taxation, he declared that France was "totally bankrupt". If he meant it as a shock to the listeners, it has backfired badly.

Anyway, rightly or wrongly, rich French people are voting with their money. Recent figures from the French Central Bank have confirmed that flight of capital from La Belle France is well and truly under way.

Govt rows back on Minister's 'bankrupt' claims - RTÉ News
You mean to say their grandfathers and fathers died in the mincing machine called Verdun and the Somme for their country...and these lousy scumbags are robbing that same country of badly needed taxes...

Time to shoot some of these fukkers and educate them as to rights and responsibilities in a republic :mad:
 

Clanrickard

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Apr 25, 2008
Messages
32,963
Most country are broke, but in France the rich are getting hit , not like in this country.
The rich are leaving. The Swiss and the British are having a great laugh. The future is bleak for France
 

optics

Active member
Joined
Feb 9, 2012
Messages
199
Most of France's problems lie with the fact that it has become very uncompetitve in recent years. The French working week is 35 hours for everyone. That is crazy imo.
 

Ryan Tubbs

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Joined
Sep 20, 2012
Messages
3,660
Since Hollande's election, I've been rubbing my hands with glee waiting for the inevitable consequences of this great socialist experiment. Wealth taxes, "stimulus", and all that other waffle.

This could be the beginning of the collapse.
 
Joined
Oct 8, 2011
Messages
40,632
The rich are leaving. The Swiss and the British are having a great laugh. The future is bleak for France
Err,, that has always been the case with the French.

THere's a little place calld Monaco down south, which speaks French, has spectacular views, great hotels and food, its own Grand Prix, and a tax rate of zero per cnt

The problem is that there is an agreement between France ad Monaco that French citizens cannot move to Monaco for tax reasons.

Hence they pull the sort of stunt that Depardieu did. Move elsewhere and claim citizenship. In a couple of years you can qualify to apply for residency of Monaco.

It's a standard route for the very wealthy.

In Depardieu's case the move to Belgium was made all the easier by the fact that there is already a statue dedicated to him in the capital city.
 

off with their heads

Well-known member
Joined
Feb 7, 2011
Messages
7,052
Since Hollande's election, I've been rubbing my hands with glee waiting for the inevitable consequences of this great socialist experiment. Wealth taxes, "stimulus", and all that other waffle.

This could be the beginning of the collapse.
yea poverty taxes and austerity works way better.....loon:roll:
 

Mentalist Clientelist

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Joined
Mar 2, 2010
Messages
1,272
Since Hollande's election, I've been rubbing my hands with glee waiting for the inevitable consequences of this great socialist experiment. Wealth taxes, "stimulus", and all that other waffle.

This could be the beginning of the collapse.

All very well, but it could spell bad news for us and for Europe generally.
 
M

MrFunkyBoogaloo

Since Hollande's election, I've been rubbing my hands with glee waiting for the inevitable consequences of this great socialist experiment. Wealth taxes, "stimulus", and all that other waffle.

This could be the beginning of the collapse.
You'll be thanking the neo-liberal regime before this current one then I don't doubt - seeing as France certainly couldn't have found itself "totally bankrupt" in the time since Hollande came to power?
 
D

Dylan2010

You mean to say their grandfathers and fathers died in the mincing machine called Verdun and the Somme for their country...and these lousy scumbags are robbing that same country of badly needed taxes...

Time to shoot some of these fukkers and educate them as to rights and responsibilities in a republic :mad:
maybe if they didnt spend so much on defence over €40bn in 2011 and other statist nonsense there wouldnt be a problem.
 

loaf

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Joined
Sep 2, 2009
Messages
1,248
As already requested by Heligoland, can those claiming a French wealth exodus please post some evidence for this?

Because there's little point debating the ethics of something that only exists as an ideological cliché.
 

P Ryan

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Joined
Nov 25, 2011
Messages
3,509
All very well, but it could spell bad news for us and for Europe generally.
With any luck, the collapse of France will provide a powerful enough kick to finally bring down the whole rotten edifice.
 

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