Cassandra Calling
Wednesday September 19th 2012
images/uploads/SPL French Policy Is Economic Jenga (Cassandra Calling) 19-09-12.pdf
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French assets have performed well since the election of Hollande.
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Because France has been the “least worst” alternative liquidity pool.
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Growth is flat, confidence crushed, unemployment soaring.
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Socialists have internal disputes over meeting budget targets.
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Soon, France will be called out…there will be no confidence.
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