Monday, April 24, 2017

Pepe Escobar — Emmanuel Clinton vs Marine LeTrump

 
I have argued on Asia Times that Macron is nothing but an artificial product, a meticulously packaged hologram designed to sell an illusion.
Only the terminally naïve may believe Macron incarnates change when he’s the candidate of the EU, NATO, the financial markets, the Clinton-Obama machine, the French establishment, assorted business oligarchs and the top six French media groups....
Everyone in Brussels “voted” Macron as he proposes a budget for the eurozone, a dedicated Parliament, and a dedicated Minister of Finance. In short; Brussels on steroids....
Then illusion and the reality:
If the coming, epic clash could be defined by just one issue that would be the unlimited power of the Wall of Cash.
Macron subscribes to the view that public debt and expenses on public service are the only factors responsible for French debt, so one must have “political courage” to promote reforms.
Sociologist [not economist] Benjamin Lemoine is one of the few who’s publicly debating what’s really behind it — the interest of financiers to preserve the value of the debt they hold and their aversion to any negotiation.
Because they control the narrative, they are able to equate “political risk” — be it Marine or Mélenchon — with the risk to their own privileged positions.
The real issue at stake in France — and across most of the West — revolves around the conflicting interests of financial masters and citizens attached to public service and social justice....
Asia Times
Emmanuel Clinton vs Marine LeTrump
Pepe Escobar

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