In France there’s a new president and the French have spoken. French President-elect Francois Hollande is symbolic of the anti-austerity movement that’s shaking the ground in Europe. It may be not so obvious to some of the crowd, but the elephant is in the room, for better or for worse.
The president of France knows that there’s not going to be much of a honeymoon. Nevertheless, his proposal is not in stride with his predecessor. In the BBC report: He wants to raise the minimum wage, hire 60,000 more teachers and lower the retirement age from 62 to 60 for some workers.
Hollande’s proposal doesn’t quite correspond with the definition of austerity. No, not at all.
From Athens to Paris, like-minded individuals have lit the torches and rattled the blades. The Greeks have boldy pushed the reject button on the bank-bailout pirates. Austerity has become a poison with the Greeks, and the visuals of suicide will haunt them for a long time to come. It is highly unlikely that the proud Greeks will submit to an international form of slavery, even at the risk of the Euro exit.
And if Greece falls out of the eurozone, there will surely be a domino effect that will eventually bring annihilation to the Euro. It is very believable to predict that the Euro is over.
While there is utter disdain across the Atlantic waters, the tumultuous applause cannot be silenced forever. The flames in Athens will be seen in London, and will soon be felt in Berlin.
The political uncertainty has the kettle boiling with a sense of unpredictability. Hollande may not give up his vow to fight austerity at the whims of Germany. Some fear that he will.
There’s no denying that the elephant is in the room. Those in Quebec are surprised of its power. There are literally thousands of them in awe of the elephant. Bonjour.
