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AB 2000 studies

Alain Boublil Blog

   

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And if the world economy was doing better ?

Economists and their commentators have been shocked by the 2007crisis. None of them saw it coming, as the Queen of England one day noticed it. In order to regain their credibility, it was necessary that each of them finds a good reason to forecast the worse. If it was coming, they would be genius. And if nothing happened, everybody would have forgotten their pessimistic comments. Some went even further through numerology to find reasons to worry. Figure nine would carry misfortune. It occurred, of course, with the 1929 crisis. But after that, it is more disputable. The recession occurred from ...

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The French economy paradoxes

The French economy is doing a little better for two years. It was not very difficult after the near stagnation it has known between 2012 and 2016. But this improvement is not enough to cope with the several disequilibrium which affect it. Unemployment stays at a high level and growth prospects are not strong enough to siognificantly reduce it. High trade deficit is an exception in the eurozone where Germany, Nederland and Italy are accumulating surplus. This situation affects France image and so its influence in Europe. At last, the coming back under 3% of the public finance deficit these ...

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Welcome, Mr. President

President Xi Jinping arrives in France Sunday. He is achieving a trip in Europe at a tense time due to Brexit uncertainties and to the trade negotiations with the U.S. It is his second visit, after the lavish reception given by François Hollande in 2014 at Versailles palace. His predecessor, President Hu Jintao came in 2004 and 2009. Each time reference is made to 1964, when France officially recognized of China. But that historical decision was harmed by the gaffe made by the French ambassador when he mentioned in that circumstance “France comes back into Asia”. Beijing didn ...

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