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Happy Holidays Hollande: French Joblessness Surges To Another New Record High
Having proclaimed the creation of jobs-jobs-jobs as his mandate when elected in 2012, Francois Hollande has so far overseen the loss of nearly 600,000 French jobs. At 3.488 million, French joblessness has never been higher (and French bond yields never lower) and has ben rising - practically unabated - for the 31 straight months since his 'raise taxes on the wealth' election (and 42 months straight overall).
The cries for lower rates and Sovereign QE remain but, we ask in a desperate plea for sanity, what is it that QE-driven lower-rates will do going forward that they have utterly failed to do for the last three-and-a-half years?
Chart: Bloomberg
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At first I read "Hollande Erected" on the chart. Same difference.
Hollande should start blaming it all on Bush. Works in our country. ;-)
Looney
He should blame it on Mitterrand. There, fixed it for ya.
further proof obama follows the saul alinsky playbook of flooding the zone to overload the system, melt it down, & leave government the last entity standing and thus the solution.
Obama: We Should Be More Like Socialist France - TownHallFinance
http://finance.townhall.com/columnists/michaelschaus/2014/06/24/obama-we...
once everyone has dropped out of the UE rate and not counted, we can "take care of them"
The Wookie would outlaw French food...except at the White House and her kid's school.....
I guess he'll just be forced to surrender.
@Ahoy Polloi
Ah, the 'ol French surrender jokes !
This kind of ugly disdain and nasty jokes come from the firm refusal of the French to join America in Irak, in 2003.
Since France refused to go to Iraq, American warmongers and neo-cons made French army look like cowards – as a punishment.
But History has proved the French were right, and that the WMD were only a dirty trick to serve as a pretext.
Nevertheless, the hate of American warmongers against France remains still there, well alive, even in ZH.
This stale hate still shows through "innocent good jokes" about the “surrender monkeys” and their white flag … As for the rest, the French can be proud of their Military History which remains despite these stupid jokes the best military record in Europe.
In fact the French - surrounded by the Germans, English, Dutch, Italians and Spaniards (among others) - succeeded to win and guard the largest country in the very heart of Europe.
According to the British historian Niall Ferguson they did it by fighting 168 major wars even against such badasses as the Roman Empire, the British Army and the Turkish forces. They've won 109, lost 49 and drawn 10 times.
http://en.wikipedia.org/wiki/French_Armed_Forces
Are any of these Frenchies "Cultured Refined, and Educated"? If so, get a danged hot pop up will ya?
Ive got an "Inguinal crease" unfortunately, its on my ass!
Major job cuts at Coca-Cola:
It could 1,000 jobs lost or well over 2,000, according to the Wall Street Journal, which says the cuts could come as soon as next month.
The report says the cuts will focus on Coke's corporate staff, which means plenty of jobs could be lost here in Atlanta.
http://www.wsbradio.com/news/business/economy/coke-see-major-job-cuts/nj...
Yea,,, Merikan geniuses couldn't run a lemonade stand these days,,, getting rid of voice mail! LOL....
i have to say we are as idiots to have put holland in charge as you with obama to the white house.
fortunatly we so fucking rascist that the freaking day a black is on elysee will simply never come.
Don't be so hard on the racists I'm having a White Christmas and it's NOT snowwing next thing to do is get these fucking communist candleabras off my "public" lands ;)
xD
What you do expect from a full socialist country ? Especially that his motto was moar taxes, moar gubernement, he was also more worried about that infamous gay marriage law that nobody wanted and trying to brainwash our kids with feminist gender theory at school (which triggered a huge backlash among the population.)
What's the problem? They botched the sale of two ships for Russia which is putting many more Frenchy's out of work and,,, isn't exactly a bell ringer for more sales. Doesn't exactly look like the French government see's a jobless problem... now does it.
I have recently been informed that I will have to start charging VAT on the sales of e-publications going to persons in the European Union. I'm not a citizen or resident of the European Union or subject to their laws. I refuse to serve in the capacity of tax collector for that bunch of parasites. I refuse to spend one second of my unpaid time doing their bookkeeping. I refuse to collect or remit any funds to them. How do they plan to enforce this? Amazon says they will collect it for me and take care of all the required paperwork, etc. so I don't have to worry my mathematically challenged little head about it, but I'm so offended I am planning on making my publications on Amazon unavailable in the EU. As for my own site, well, they can send me a bill and try to collect and good luck to them or they can block my site.
Just stop doing business with Europe and shut the fu...ck up! If you don't like something, don't force yourself!
Sell your stuff to the Asian or South-American market.
Meh
European Unity.
It's worth it. /sarc
Is drinking wine considered a job ?
Ill bet those Russian battleships are gonna look pretty tasty for steelworkers/marine builders
but on the other hand they have 15mil. moslems from afrika, compared to 35mil. French.. Delightfull, how they will implode with the EU and NATO.
True figures are 64 mil. French and 6 mil. moslems ... But this is a lot.
Just stop doing business with Europe and shut the fu...ck up!