Among the three causes generally quoted to understand the French crisis, wrong economic choices, mistakes made about fuels taxation and executive power communication policy, this last one is, definitely, the deepest. When concerns regarding communication are taking the priority against an efficient management of public affairs that leads to disastrous results. France is today going through this regrettable experience. Everything has started in the course of 2018 with announcements regarding tax increases on gasoline and diesel for the next four years. These measures were justified by environmental as budgetary reasons. They couldn’t avoid deeply hurting concerned people, i.e ...

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2018 has surprised. The 2017 year had come to the end in good conditions. It was “planets alignment” with a very low oil price, interest rates near zero and a favorable global environment. French growth reached its highest level for a long time: during 2017 2^nd half, it had been near 3%, on annualized rate. That did not last. International tensions increased all along the year with the promise of a trade war between China and the U.S., an unprecedented hostility of the American president toward Europe and a brutal rebound of oil prices. Inflation was making a ...

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Even if no major financial crisis has occurred during the ending year, it will remain everywhere as a bad vintage. The major financial markets have made this analysis and have heavily fallen during the fourth quarter. For several months, the exceptionally long duration of the economic cycle which followed the 2007-2008 crisis had surprised. Many experts had announced its end and predicted a new serious financial crisis with their eyes oriented toward China and consequences on the whole planet. That did not happen but there is unanimity to note that the world has become more fragile and that every country ...

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