Quote:
Originally posted by RPKESQ
France's economy compares very favorably with Germany's. France has been reforming for the last 25years. What are you trying to say?
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That a rising tide lifts all boats.
Just about every economy in the world is experiencing economic growth. Social policies have made France business unfriendly compared to old Euro and some reformed new Euro like Ireland. Germany has acknowledged its social load on its economy, but action make take yrs due to politics. France doesn't acknowledge that it has a problem competing on a world stage. No surprise as France's national policies attempts to position France in a superior position. Monetary & economic integration problems with the Euro is the most notable, but it's routine France. They became the superior on the world stage after USSR crashed, so they think and act. Notice how France discourages sales of its industry leaders to "outsiders". Notice how France is increasing its control over what gets integrated and what must remain pure France.
Wait till world economics goes thru some convulsions and France's economic growth, economic opportunity, and job creation gets slammed. France's population will look at successful socialist model Finland and ask "What happened?"
The only thing that makes sense for France's future is to invest in developing tourist destinations as many new professionals and college grads are moving out. Maybe Boeing can explain what dynamic capitalism is all about. European aero industry is a fall waiting to happen imo. France will act as a lead weight guaranteeing a failure unless the government supports them.
Politicians and the progressives can't exist without each other in France. Change is difficult under circumstances where only socialist policies control the economy. Change agents do not get elected over there.
Good luck.