When discussions about debt dominate the headlines, the United States is often the central focus. With a debt-to-GDP ratio of 124.3%, it’s easy to understand why. But the U.S. is far from alone in facing a massive fiscal challenge. Other advanced economies are carrying even heavier burdens, and the global implications are both profound and often overlooked.
Japan: The Debt Giant
Japan holds the world’s highest debt-to-GDP ratio at 236.7%. Decades of low growth, heavy public spending, and an aging population have pushed the country into uncharted fiscal waters. While Japan has avoided crisis thanks to strong domestic savings and near-zero interest rates, the sustainability of this model is under constant scrutiny.
Italy: Europe’s Weak Link
Close behind is Italy, with a staggering 135,3% debt-to-GDP ratio. Burdened by structural economic weaknesses, sluggish productivity, and political instability, Italy has long been considered one of the eurozone’s most fragile economies. A sudden shock, whether financial or political, could easily ripple across the European continent.
The United States: A Growing Concern
At 124.3%, U.S. debt levels are higher than at any point since World War II. Unlike Japan, the U.S. relies heavily on international investors to finance its debt. Rising interest rates and political gridlock over fiscal policy only increase the risks. Given the U.S. dollar’s central role in the global financial system, instability in this market could have widespread consequences worldwide.
France and Canada: Silent Strugglers
France, at 113%, and Canada, at 110.8%, are also far above the traditional sustainability threshold (often pegged at around 60% of GDP). Both countries face demographic pressures, high social spending, and the challenge of funding welfare states without stifling economic growth.
Why It’s Unsustainable
High debt levels limit governments’ flexibility. In times of crisis, whether another pandemic, a war, or a financial meltdown, nations with already bloated balance sheets have little room to maneuver. Debt servicing costs also divert resources away from critical areas, such as healthcare, education, and infrastructure.
A Global Time Bomb
The global debt problem isn’t isolated. The IMF warns that mounting debt in advanced economies could spill over into emerging markets, sparking instability across the financial system. With inflation still high and interest rates rising, debt servicing costs are growing rapidly. Unless meaningful reforms are enacted, the world may be heading toward a reckoning.
Conclusion
It’s easy to point fingers at the U.S., but the debt problem is truly a global issue. Japan, Italy, France, and Canada. All highly developed nations are carrying unsustainable debt loads that could destabilize the global economy. For now, markets remain calm, but history has shown that debt crises often strike suddenly and with devastating force. Without coordinated efforts to rein in borrowing and restore fiscal discipline, the next major crisis may already be quietly brewing.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee the accuracy of this information. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
We all know that the EU is very often attacking Victor Orban and Hungary. There are a lot of things they don`t like about Orban and his conservative country. But there are also a lot of things that Orban doesn`t like about the EU and Western Europe. He talked about it in Europe`s first Cpac-speech.
Victor Orban formed his fifth conservative, Christian government in Hungary about a month ago, and a couple of days ago, he had a speech at Cpac (Conservative Political Action Conference) Hungary, where he talked about the value of the West and its future.
Orban defeated the communist regime, the liberals, and then, most recently, the international liberal left when they combined their forces against Hungary in the election. In the speech (see transcript below) Orban explained how they defeated them for the first, second, third, fourth, and fifth time, but also how they will defeat them again.
He also talked about how Hungary became a bastion of conservative and Christian values in Europe.
The problem in both America and Western Europe, Orban said, is the domination of public life by progressive liberals. The problem is the fact that they hold the most important positions in the most important institutions, that they occupy the dominant positions in the media, and that they produce all the politically indoctrinating works of high and mass culture.
They, the progressive left, tell us what is the truth and what is not, what is right and what is wrong, Orban said. And as conservatives, our lot is to feel about our nation’s public life as String felt in New York; like a «legal alien».
This was also the situation in Hungary, Orban added. Thirty years ago, the left was also in power here, and there was even a communist dictatorship.
The entire machinery of the state worked to entrench the power of the communists. Strange as it may sound, we – and I – grew up in a “woke world”. Only back then critical race theory was called “scientific socialism”, and was taught at university in the same way that woke is taught in your country. Everyday socialist dictatorship: that is what we grew up in. Political correctness, Orwellian Newspeak, state control of the public square, expropriation of private property, and stigmatization of the Right, Orban said.
In the ’80s, Orban wanted a change, and they decided that enough was enough. They wanted to regain Hungary and their freedom., but the communists did not let this pass without response: police attacks, bans, wiretaps, infiltration by state agents, threats, and blackmail.
But Orban and his friends persevered and won. Soviets out, communists down.
They thought they had finally got what they wanted, but they were wrong: under the dictatorship liberals and conservatives entered into an anti-communist pact, but at the first subsequent opportunity, the liberals sided with the communists. It turned out that in fact, they were natural allies.
If I am not mistaken, this kind of sinful covenant has also been seen in the United States. Summa summarum, public life after the first election (in Hungary after communism) was dominated by post-communists, liberals, and progressives, and the Hungarian right was floored.
When my friend Donald Trump won the US presidential election in 2016, one of his main promises was about the need to «drain the swamp».
President Trump has undeniable merits, but nevertheless, he was not re-elected in 2020. He ended up like our first conservative, Christian government in 2002: we governed outstandingly, after so many years I can perhaps indulge in that much immodesty, but we were dragged down by the swamp of the Hungarian left, Orban said.
And then, between 2002 and 2010, we saw what generally happens in such circumstances: the socialists spent the people`s money. Hungary sank into debt, the economy fell into recession, inflation ran out of control, unemployment rose and people were unable to pay their bills.
Street violence broke out and paramilitary groups were on the march. It was a long time ago, but let us not forget strings of ethnically-motivated murders outraged public sentiment. The left had cut back spending on the police so much that they were unable to maintain even the pretense of order, with the law protecting perpetrators rather than victims.
I think you have seen the likes of this, Victor Orban added. They have made a twelve point formula for Hungary, and you can read more about them in Orban`s speech below:
Speech by Prime Minister Viktor Orbán at the opening of CPAC Hungary
19 May 2022, Budapest
Ladies and Gentlemen, Dear American Friends, and Conservatives from all over the world,
I welcome you all. And a special welcome to my friend Václav Klaus. It is no surprise that he is the most intellectually courageous man in Europe, as he is rich in years; but what is a surprise to us all is that he is still the most youthful and the freshest among us. Dear Klaus, thank you so much for coming and being with us.
I know that you all deserve a better speech than this, but we all know that one cannot swim or run a world record time in the morning. Please bear this in mind as you listen to my thoughts. Anyway, it is great to have you here. The timing is a happy accident: a month ago we scored our fourth election victory in a row, and four days ago I formed my fifth conservative, Christian government; and now I am here with you. It is always good to be able to talk among friends, and it is especially good to have something with which to back up one’s words, and we Hungarians rightly feel that we have something with which to back up our words.
My Friends,
We have come a long way. In the 1980s we read about what was happening in the United States from samizdats illegally distributed in the former Eastern Bloc; and now here we are, with Hungary hosting the most important political gathering of the Republican Party, the Grand Old Party. I clearly remember well how we envied you back then: we envied your culture of democratic debate; the freedom in which you arranged public affairs in America; we envied your President Reagan for his charisma, his drive, his wit, and his policies – and, of course, we rooted for him. All we had were the grey-suited communist functionaries and their political Newspeak, a stifling atmosphere, and hopelessness.
Dear American Friends,
If you have seen the series “Chernobyl”, you may have an idea of what I am talking about. We had forty long years of that. And today we are hosting this great event, for which I would like to thank the organizers – but most of all you, who are honoring us with your presence. On behalf of every Hungarian, I thank our American friends and those from other countries for honoring us and coming here to Budapest.
How can I contribute to today’s gathering? Perhaps if I tell you how we won: how we first defeated the communist regime; then how we defeated the liberals; and then, most recently, how we defeated the international liberal left when they combined their forces against Hungary in the election. I will tell you now how we defeated them for the first, second, third, fourth, and fifth time – and how we will defeat them again. As the supporters of Fradi [Ferencváros soccer club] chant: “More, more, more, there’s still more goals to score!” I will tell you how fervent university students succeeded in dismantling a dictatorship, then in breaking the hegemony over opinions enjoyed by the returning communists and liberals, and how they managed to end the dominance of progressives in public life. I will tell you how Hungary became a bastion of conservative and Christian values in Europe. Instead of my long speech, of course, all this could be done briefly and simply. We learned from General Patton that battle brings out all that is best and removes all that is base. This is also true on the political battlefield. Here, my friends, only the best remain standing – or, in short, the ultimate condition for victory is that we must become the best. You can win if you are the best.
Ladies and Gentlemen,
Let us start by saying that you politicians who love your country face a problem that we Hungarians have already tackled successfully. This problem – if I am not mistaken, both in America and Western Europe – is the domination of public life by progressive liberals. The problem is the fact that they hold the most important positions in the most important institutions, that they occupy the dominant positions in the media, and that they produce all the politically indoctrinating works of high and mass culture. They – the progressive left – tell us what is the truth and what is not, what is right and what is wrong. And as conservatives, our lot is to feel about our nation’s public life as Sting felt in New York: like a “legal alien”.
Dear American Friends,
This was also the situation in Hungary. Thirty years ago, the Left was also in power here – and there was even a communist dictatorship. The entire machinery of the state worked to entrench the power of the communists. Strange as it may sound, we – and I – grew up in a “woke world”. Only back then critical race theory was called “scientific socialism”, and was taught at university in the same way that woke is taught in your country. Everyday socialist dictatorship: that is what we grew up in. Political correctness, Orwellian Newspeak, state control of the public square, expropriation of private property, and stigmatization of the Right.
Dear American Friends and Visitors from Abroad,
Under communism, we had a joke about whether it was possible to joke under communism. And the joke was that a political joke contest was held in the Soviet Union, with the following conditions: the contestant coming third would win an all-inclusive trip to Siberia for two weeks, the runner-up for a year, and the winner for life.
American Friends,
If you feel that this joke is becoming ever more meaningful to you, the time has come to start taking action. At all events, we rose up, and in the late 1980s, we decided that enough was enough. We wanted to regain our country and our freedom; we wanted to regain our country’s freedom. The communists did not let this pass without response: police attacks, bans, wiretaps, infiltration by state agents, threats, and blackmail. But we persevered, and we won. Soviets out, communists down. We thought we had finally got what we wanted, but we were wrong: under the dictatorship liberals and conservatives entered into an anti-communist pact, but at the first subsequent opportunity, the liberals sided with the communists. It turned out that in fact, they were natural allies. If I am not mistaken, this kind of sinful covenant has also been seen in the United States. Summa summarum, public life after the first election [in Hungary after communism] was dominated by post-communists, liberals, and progressives, and the Hungarian right was floored. When my friend Donald Trump won the US presidential election in 2016, one of his main promises was about the need to “drain the swamp”. President Trump has undeniable merits, but nevertheless, he was not re-elected in 2020. He ended up like our first conservative, Christian government in 2002: we governed outstandingly – after so many years I can perhaps indulge in that much immodesty – but we were dragged down by the swamp of the Hungarian left.
And then, between 2002 and 2010, we saw what generally happens in such circumstances: the socialists spent the people’s money. Hungary sank into debt, the economy fell into recession, inflation ran out of control, unemployment rose and people were unable to pay their bills. Street violence broke out and paramilitary groups were on the march. It was a long time ago, but let us not forget: strings of ethnically-motivated murders outraged public sentiment. The Left had cut back spending on the police so much that they were unable to maintain even the pretense of order, with the law protecting perpetrators rather than victims.
Dear American Friends,
I think you have seen the likes of this. The Scriptures say the following: “every tree is known by its own fruit.” Well, the fruit of progressive government speaks for itself: economic ruin and street violence. When a left-wing government comes to power, the story almost always ends in the same way. But, dear Friends, in 2002 we organized a popular movement and intellectual resistance with the troops left to us after our electoral defeat. We did not adopt a defensive attitude, and we did not resign ourselves to our minority status; we played to win and proclaimed the Reconquista.
Dear Friends,
The plan succeeded. In 2010 we came back. We had worked for eight years: step by step, brick by brick, we had fought and we had built. The formula is complete. Hungary is the laboratory in which we tested the antidote to dominance by progressives. We have hung up our lab coats, this spring Hungary has received its fourth dose, and I can report the following: the patient has been completely cured. The medication is open-source, free of charge, and comprises twelve points – which I will share with you now. For the benefit of our foreign friends, twelve is the Hungarian freedom fighters’ lucky number.
The first point in the Hungarian formula is to play by our own rules. The only way to win is to refuse to accept the solutions and the paths offered by others. As Churchill said, having enemies is a sure sign that you are doing something right. This is why we should not be discouraged by being defamed, by being branded as deplorable, or by being treated abroad like troublemakers. In fact, it would be suspicious if none of this happened. Please remember that those who play by their opponents’ rules are certain to lose.
The second point: is national conservatism in domestic politics. The cause of the nation is not a matter of ideology, nor even of tradition. The reason that churches and families must be supported is that they are the building blocks of the nation. This also means that one must remain on the side of the voters. We decided to stop migration and build the wall on our southern border because Hungarians said that they did not want illegal immigrants. They said: “Viktor, build that wall!” Three months later the border barrier was up. The secret is not to overthink things: the Hungarian fence is a simple chain-link structure with motion detectors, watchtowers, and cameras; but this is enough, provided people want to protect their country. The Achilles heel of progressives is precisely that they want to impose their dreams on society. But for us, that danger is also an opportunity, because when it comes to important issues, in reality, people do not like left-wing fever dreams. One must find the issues on which the Left is completely out of touch with reality and highlight them – but in a way that can be understood by people who are not eggheads.
Third point: the national interest in foreign policy. Progressives always think that foreign policy is a battle of ideologies: a battle between good and bad, in which the course of history will be decided once and for all. But as I see it, Dear Friends, there have been at least four such “last great battles” over the past hundred years. Something is wrong with that concept. Our response should be a clear and simple antithesis to the progressives: the Nation First! Hungary First! America First! We need a foreign policy based on our interests. This is not always easy, because the world of foreign policy is often a complicated one.
Take the war in our neighboring country. Russia is the aggressor, and Ukraine is the victim. We condemn the aggressor and help the victim of aggression. But at the same time, we know that Ukraine is not defending Hungary. That is a nonsensical idea! Hungary can be defended by NATO and the Hungarian Defense Forces. As a proportion of our population, we have taken in the largest number of refugees, and the Hungarian people are happy to help. They are glad to help, but they do not want to pay the price of the war, because it is not their war and they will not benefit from it. They know full well that war is accompanied by sanctions, rampant inflation, and economic stagnation; they know that war always impoverishes people. We must not yield to the siren voices, however tempting they may sound. Our aim is to restore peace, not to continue the war, because that is what is in our national interest. Hungary First!
The fourth point, Dear Friends: we must have our own media. We can only show up the insane ideas of the progressive Left if we have media that helps us to do this. Left-wing opinions only appear to be in the majority when the media helps to amplify them. The root of the problem is that the modern Western media aligns itself with the views of the Left. Reporters were taught at university by people with progressive left-wing views. And as soon as a conservative figure appears in the media, they are criticized, attacked, defamed, and vilified. I am familiar with the old ethos of Western democracy, according to which party politics and the press must be separated. That is how it should be. But, dear Friends, the Democrats in the US, for instance, do not obey such rules. Just try to count how many media outlets are in the service of the Democratic Party: CNN, The New York Times, the list goes on – I could carry on into the night. Naturally, the Grand Old Party, too, has allied media outlets, but they are no match for the liberals’ dominance of the media. My friend Tucker Carlson stands alone and immovable. His show has the highest audience figures. What does this mean? It means that there should be shows like his day and night – or, as you say, 24/7.
Fifth point: expose your opponent’s intentions. As a condition for victory, media support is necessary, but not sufficient. We must also break down taboos. Perhaps I do not need to introduce this to my American friends, because what breaker of taboos is greater than President Donald Trump? But one can always raise the bar: we must not only break down today’s taboos, but also tomorrow’s taboos. Here in Hungary, we expose what the Left is preparing before they even take action.
At first, they will deny it, but success is all the sweeter when it emerges that we were right all along. For instance, there is the issue of LGBTQ propaganda targeting children. This is still a new thing over here, but we have already destroyed it. We brought the issue out into the open and held a referendum on it. The overwhelming majority of Hungarians have rejected this form of sensitization of children. By revealing at an early stage what the Left was preparing for, we forced them on the defensive, and when they attacked our initiative they were eventually forced to admit the reality of their plan. Allow me to quote General Patton again: “A good plan, violently executed now, is better than a perfect plan next week.”
Sixth point: economy, economy, economy. We all know that the Left wants to operate the economy according to abstract notions. This is a trap for the Right. Never fall for it! When we came to power, we decided that we must only pursue economic policies that benefit the majority of voters. Here in Hungary, we have a motto about this: “Even those who did not vote for us end up better off.” In this, we are the polar opposite of the progressives: even those who voted for them end up worse off. In the final analysis, people want jobs: people want jobs, not economic theories. People want to take a step forward in life, and people want a better life for their children than the life they have had. If a government of the right is unable to deliver all this, it is doomed to failure.
Our seventh point: do not get pushed to the extreme. I say this because extreme conspiracy theories rear their heads from time to time on the right – just as extreme utopias regularly rear their heads on the left. If we take a deeper look, we see that in fact, people want neither. But, dear Friends, what is the difference between the denial of science by the extreme right and the denial of biology by LGBTQ movements? The answer is simple: there is no difference whatsoever. We must render unto Caesar the things that are Caesar’s, unto God the things that are God’s, and unto Science the things that are Sciences. We may gain immense popularity on internet forums by promoting conspiracy theories – and indeed sometimes there is truth in them; but in reality, we will alienate a large proportion of the electorate, find ourselves pushed to the margins, and eventually, we will lose.
Eighth point: read every day. A book a day keeps the defeat away. I know that this sounds strange. I am not an academic myself, but the fact is that no invention has yet surpassed the book as a vehicle for understanding and conveying ideas. The world is becoming increasingly complex, and we need to dedicate time to understand it. I, for instance, set aside one whole day every week for reading. Reading also helps us to understand what our opponents think and where their thinking is flawed. If we know that, the rest is mere technique. We must translate all this into the language of everyday action and political communication. It is true that the spin doctor is a useful species, but understanding the problem is something that must be done by us as policymakers.
Ninth point: have faith. A lack of faith is dangerous. If you do not believe that there will be a final reckoning and that you will be held to account for your actions before God, you will think that you can do anything that is in your power. So let us encourage prospective young conservative politicians to engage with faith. Initially, I did not see this as a priority, but I learned that if we devote time to our faith, success will come more easily. I have been a Member of Parliament for thirty-two years, and I am beginning my seventeenth year as Prime Minister. I heed the words of Prophet Isaiah, who said: “If you do not stand firm in your faith, you will not stand at all.” In politics, Dear Friends, this is the law.
Tenth point: make friends. Our opponents, the progressive liberals, and neo-Marxists have unlimited unity: they have one another’s backs. By contrast, we conservatives are capable of squabbling with one another over the smallest issue. And then we wonder at how our opponents corner us.
We do indeed possess intellectual sophistication, and we care about intellectual nuance. But if we want to succeed in politics, we should never look at what we disagree on, but instead, look for our common ground. I will give an example. The Vatican is one of our most important European allies. It is an ally as a guardian of Christian values, in the support of families, and together we affirm that a father is a man and a mother is a woman. We stand together for peace and for the refugees from Ukraine. But on illegal migration, our thinking diverges. One should not look at the issues on which we can engage in heated disputes but look for ways in which we can work together. Believe me, if we do not, our opponents will hunt us down one by one.
Eleventh point: build communities. My Friends, over the years I have also learned that there is no conservative political success without functioning communities. The fewer communities there are and the lonelier people are, the more voters go to the liberals; and the more communities there are, the more votes we get. It is as simple as that. I do not need to explain this to you: The United States has the world’s best-functioning clubs, societies, and communities. What we need to understand is that a political entity must encompass such communities.
And finally, the twelfth point: build institutions. For successful politics, one needs institutions and institutes. Whether they are think tanks, educational centers, talent workshops, foreign relations institutes, youth organizations, or whatever, they should have a political aspect. Let us not forget: politicians come and go, but institutions stay with us for generations. They, the institutions, have the capacity to renew politics intellectually. New ideas, new thoughts, and new people are needed again and again. If they run out, we will run out of ammunition, and our opponent will show no mercy in laying us low.
Dear Friends,
The whole world is undergoing huge changes. It is strange but true that the destructive ideologies of fascism and communism originated in the West. We never thought that communists could return not only from the East but also from the West. Now we see that the progressives are threatening the whole of Western civilization, and the true danger is not from without but from within.
You, Dear American Friends, are confronted with this in the United States, while we are confronted with it in the European Union. We are dealing with the same people: faceless, ideologically trained bureaucrats sitting in Washington DC and Brussels. Progressive liberals, neo-Marxists intoxicated by the dream of wokeness, those in the pay of George Soros, the advocates of the open society. They want to abolish the Western way of life that you and we love so much: what your parents fought for during World War II and the Cold War, and what we fought for when we drove the Soviet communists out of Hungary.
My Friends,
We must take up the fight, and in this fight, we can only succeed if we are together and organized. We must take back the institutions in Washington and Brussels. We must find friends and allies in one another. We must coordinate the movement of our troops because we face a great challenge. The decisive year will be 2024: you will have presidential and congressional elections, and we will have elections to the European Parliament.
These two locations will define the two fronts in the battle being fought for Western civilization. Today we hold neither of them. Yet we need both. We have two years to prepare. The Hungarian lesson is that we have no silver bullet. We only have work. We need to do it. Let’s go out and do it! Thanks and good luck!
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
It`s time for the final round of the presidential battle in France, and Wednesday 20th will be critical for both, Macron and Le Pen. Those who win the war on words on Wednesday can end up as the next president in France.
But many people in France don`t know what to vote for this time. Le Pen is a far-right politician, and she and her party are in a good position to win this time. Opinion polls show that 47% of French voters want Le Pen to win.
Marine Le Pen sent shockwaves through Europe with her latest comments on NATO.
Le Pen said in a press conference that France will leave NATO if she wins the presidency. In 2019, Macron warned Europe and said; NATO is becoming brain-dead. He also said that Europe can no longer rely on America to defend NATO allies.
Macron said on October 21, 2019, that it is high time for Europe to «wake up».
Le Pen also suggested a strategic reconciliation between NATO and Russia once the war is over. On top of that, she wants to reform the EU from the inside. This is why Europe and NATO are so nervous over the French election on Sunday.
Le Pen believes that France can be useful in the resolution of the world`s great disorders, if and only if it is independent. What protesters don`t like is that Le Pen will start an alliance with Putin if she wins the election.
This election is crucial not just for France, but for the whole of Europe, and this is why investors should care. Le Pen is opposed to globalization, and she believes that it is a threat to French society. She proposed the replacement of the world trade organization. And the abolition of the IMF.
Le Pen is also against immigration and considers it a tool of Islamic extremism. Her party is best known for immigration issues, but less known for its economic policies. But she has changed since 2017, and she`s more focused on people`s cost of living.
She wants to eliminate VAT on a basket of foods while cutting the rate from 20 to 5 percent on electricity and petrol. She is more protectionist, and nationalist than Macron who is considered to be a man with a business-friendly agenda.
«Give the French their money back», is Le Pen`s slogan, and she has proposed big tax cuts and new spending. Income tax would be scrapped for everyone under 30, and interest-free loans of up to €100,000 would be offered to younger families, with the debt forgiven if they had three children.
This is good news for yellow vest protesters that started the «Gilets Jaunes» movement in France in 2018, originally a protest against a tax rise on petrol and diesel.
A French sovereign wealth fund would be created to promote an economy focused on what she calls «localism» as opposed to Macron`s «globalism».
People in France believe that Macron is a «president of the rich», and younger voters are angry mostly because of the nationwide cost of living crisis. Younger voters are also angry because of the lost years of their life due to the Covid pandemic and government lockdowns. This has also made an anti-establishment group against the French government.
Marine Le Pen knows this, and that`s why she is focusing on younger voters. The inflation in the eurozone is at its highest ever, and purchasing power and the cost of living is the single most important issue for 58% of voters and a clear majority within every age group except for those 18 to 24, for whom the environment ranks first.
Marine Le Pen is anti-NATO and anti-EU, friendly with Russia`s Vladimir Putin, and she doesn`t want a Frexit, and that has come under scrutiny.
Last Sunday was a good day for Mèlenchon, who finished close behind Le Pen. Polls suggest 30% of Mèlenchon voters might vote for Macron, and 23% for Le Pen. The rest is expected to abstain or vote blank next Sunday.
Macron made history in 2017 when he became the youngest president in France at the age of 39. He promotes democracy and liberalism, and he`s a globalist. He is a favorite to win the election, and 53% want him to be re-elected.
But, it can also be a close race, while 40% of the French voters are still undecided, so the outcome is uncertain. If Macron wins again, it would be a symbolic moment as he will be the first president for 20 years to win a second term.
Four years ago, the man behind Brexit, Nigel Farage, predicted that Marine Le Pen will win the French presidential election in 2022. Time will show.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
It`s funny to watch Great Britain and the United States at the moment. In the U.S, the conservatives lost the election and Biden and his left wing democrat administration won. In the U.K, Boris Johnson and his conservative friends won in a landslide. The same can not be said about Biden.
They are both outside of the EU and Trump and Johnson was considered to be a win against socialism. Take a look at the slogan Johnson has; Build back better. They are leaving the business club EU and want to build back better.
But take a look at Biden and his slogan; Build back better. Biden and the democrats wants to build back what Trump did. They are on two different planets, with two different world views.
Everything has been great with the Labour Party for years, but they have been in trouble before. One of the most deprived areas of the UK, the blue-collar port saws its steel industry collapse in the 1970s and 80s and the unemployment rate remains among the highest in the century.
Politically, it`s backed the Labour Party at every UK election for almost half a century, but then came Brexit.
As of April 12, Boris Johnson`s approval rating remain very high at 70%. Not only that. Brexit has also a 70% approval rating, so there is not doubt that the people in Great Britain support the conservatives and Brexit.
According to Nigel Farage, the Labour Party is finish in England. The country is about the change rapidly. Queen Elizabeth said in the Parliament a few days ago that the UK will strengthen the borders. Legislation will also be introduced to ensure the integrity of elections.
They saw what happened in Georgia during the U.S election and learned from the mistakes in the U.S. Dead voters will have problems to vote if they have to show up personally with a picture on the voting day.
Freedom of speech will also be protected. This is very similar to whats happening the U.S. They are both about the change rapidly. What a interesting world we are living in.
To contact the author: post@shinybull.com
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The European Union is obviously inspired by Trump and the United States. Now, the European Union has its own State of the Union. Just like the United States.
The Media Mob always criticize Trump and his speeches, but nobody says something when Ursula is talking.
Trump is a man, and the mob doesn`t like it, but Ursula is a woman, and the mob loves it. This is how it will be when a woman is a president at the White House.
You can imagine how it will be if Elisabeth Warren (like Ursula) delivers a State of the Union in the United States. They claim that the feminization of the EU`s top will make Europe a better place on earth.
European Commission President Ursula von der Leyen delivered her first State of the Union address, stressing the importance of economic stimulus the EU has provided to the member states.
Von der Leyen explained that the bloc needs to maintain a balance between providing support and securing the financial stability of the region.
She added that the Commission expects EU’s economies to start growing again in the third quarter of the year.
When it comes to handling the crisis, Von der Leyen insisted the EU has to continue stockpiling strategic resources such as pharmaceutical goods in order to be prepared for worst-case scenarios.
To contact the author: post@shinybull.com
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
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