In France, for the first time this year, if we except a short period during Summer, the 10 years State Bond went back on December 3^rd into negative territory : -0.03%. So, against the forecasts stated many times by the economists and despite the spectacular increase of the public indebtedness since the beginning of the sanitary crisis, France financing conditions remain extremely favorable. But it is not an exception in Europe. Germany keeps its 30 to 40 basis points spread with Paris and has issued these last days 10 years bonds carrying a -0.39% rate. In the Unites ...

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The publication of the last figures has given the opportunity for making reassuring comments. Unemployment rate as the jobseekers number at the end of October came back to the level observed at the eve of the economic crisis provoked by the Cocid-19 pandemic. These results constitute without any doubt good news because the worst was expected and forecast carrying hundreds of thousands of bankruptcies and job losses had been put forward. Adopted and put into practice policies to cope with the economic crisis have been efficient. The providing of State-guaranteed financing has allowed enterprises which had been weakened to surviving ...

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During the Seventies, we were convinced that prices control was necessary to cope with inflation. It is, to the contrary, their freeing which allowed France to getting rid of that structural weakness. On the same, it was believed during a long time that the consumption rebound was generating a trade deficit as in 1982. We know today that it is wrong and it was the consequences of the huge increase of the dollar on the oil bill which were at the origin, during that period, of the French trade balance degradation. The recent history is not getting itself always from ...

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