Ever since the end of the bear market in 2009, the French and the world's economy were squeezing growth out of the weakening economy in non-organic ways, predominantly by borrowing more and by increasing the government spend.
Toxic social trends emerged and flourished at the same time: inclusivity, equity, belligerent feminism, dismissal of real masculinity, embracement of non-traditional and non-existent genders etc.
Those trends emerged not because the prosperous and benevolent society was willing to spread out and share the wealth accumulated during the bull market across the entire population. It was, in fact, the exact opposite: the 80% of the populace, facing the toughest competition for the remaining well-paid jobs, collectively decided to kick out the most educated and talented remaining 20% of individuals by adopting the "inclusivity" strategies. Recall "The Weakest Link", when in the last round two weaker players always eliminated the strongest one? It's the same game, only played on the planetary scale.
The good news: those toxic trends will come to an end once there will be nothing more to divide or conquer. The bull market has 2-3 weeks remaining. The CAC40 might reach 8000, but then the entire growth of 2009-2023 will be erased.
"Accrochez vos ceintures"
Toxic social trends emerged and flourished at the same time: inclusivity, equity, belligerent feminism, dismissal of real masculinity, embracement of non-traditional and non-existent genders etc.
Those trends emerged not because the prosperous and benevolent society was willing to spread out and share the wealth accumulated during the bull market across the entire population. It was, in fact, the exact opposite: the 80% of the populace, facing the toughest competition for the remaining well-paid jobs, collectively decided to kick out the most educated and talented remaining 20% of individuals by adopting the "inclusivity" strategies. Recall "The Weakest Link", when in the last round two weaker players always eliminated the strongest one? It's the same game, only played on the planetary scale.
The good news: those toxic trends will come to an end once there will be nothing more to divide or conquer. The bull market has 2-3 weeks remaining. The CAC40 might reach 8000, but then the entire growth of 2009-2023 will be erased.
"Accrochez vos ceintures"
