On the eve of the publication of the first estimate of French growth in the 3rd quarter, which is not expected to bring any good surprises, the political class would do well to remember the thought of the German philosopher Holderlin: "Where danger grows, grows what saves". France is facing a triple crisis: social, economic and financial. Many people denounce this situation and blame it on the head of state, while continuing to defend the principles that inspired his economic policy, summed up by the concept of "supply-side policy". Reflection on the remedies to be provided has therefore not progressed ...

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The Paris Motor Show, the discussions between France and Germany on the relaxation of European rules on engines and negotiations in Brussels with China on the restriction of its exports place this essential sector of industry at the centre of the news. They illustrate the extent of the crisis that is hitting it, even though it was for a long time one of the strong points of the European economy, both in terms of jobs and exports.

Since the beginning of the year, the fall in manufacturers' share prices has been spectacular: Stellantis (-56%), Renault (-17%) but its share price ...

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France is going through a difficult period. A protest movement by high school students has broken out and is meeting with broad support from the population, both teachers' unions and parents. They are protesting against the deterioration of the premises and the non-replacement of their teachers in the event of absence. They are demanding a sharp increase in the resources allocated by the State to national education. At the same time, the government is struggling to get the significant reduction in the budget deficit adopted by the country's growing public debt.

The financial markets, which had long been lenient ...

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