Tuesday, April 19, 2016

France

Per Stratfor:

Despite its problems, France is still a fundamentally wealthy nation whose global reach knows no rival in continental Europe. Many French companies are leaders worldwide, and the country remains a significant agricultural producer. Furthermore, contemporary French governments still espouse military intervention abroad. Sarkozy and Hollande were willing to protect France's interests in the Levant and sub-Saharan Africa in ways that Britain seems increasingly reluctant to and Germany can't even dream of.

Additionally, France has some of the highest birthrates in Europe and, by midcentury, will probably have the largest population on the Continent. This means that a substantial number of young people will keep entering the workforce each year, pay work-related taxes, sustain the pensions of the elderly, and consume goods and services.

On the other hand, a growing population also means a permanent risk of social unrest if the French economy fails to absorb the future cohorts of workers. Boasting not only the strongest nationalist party but also the largest Muslim community in Western Europe, France will prove a test case for the evolution of nationalism and the role of Muslims in Europe. Though birthrates are falling in France across all segments of the population, Muslim families have higher birthrates relative to non-Muslim families, which means the Muslim community will likely play a greater political and social role in France in the coming years.

Broken Money

The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...