We could ask ourselves what kind of link could exist between the debate generated by the project to rename the Orsay Museum with the name of the one who was its inspiration, Valery Giscard d’Estaing and the admission of the degradation  of the French research and industry achievements which is not new. All the same, this admission is real, it is coming from a long time ago and it emerges from one of the most anchored characteristics of the French society.

These who were opposing the change of the name put forward, and they won, that it was unfair ...

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The progressive elimination of the borders for capital flows, since the end of the Eighties, had given to the central banks a major role in the elaboration and the implementation of the economic policies. At the origin, they were in charge of the supply of payments tools and of coming to help the States when these ones were going through a crisis or to finance a war effort.  The economists under Milton Friedman and the Chicago school aegis gave then to them a determining mission in the achievement of the major equilibriums. Through the management of the money supply, they ...

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The new restrictions decided by the French government do not constitute a true lockdown but they will weight again on economic activity. Household will spend less and enterprises won’t definitely see a signal encouraging them to invest. Growth, they are thinking at Bercy, wouldn’t be much impacted. Retail shops which must close in more than one third of the country will receive supports to go through that new ordeal but amounts are not considered as important enough to review budget forecasts. But all that will only increase public debt without the growth comeback generates enough resources to guarantee ...

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