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0 sats \ 0 replies \ @Solomonsatoshi 14h \ on: To What Extend Is France's Political Instability Connected to Its Economy? econ
Governments are a major factor in determining the wealth of nations.
France has allowed significant Muslim immigration diluting its culture and creating internal societal conflicts.
A divided populace creates political tensions and imposes economic costs.
The same could be said for the USA.
As part of the EU France is monetarily and militarily subservient to the US global hegemony.
The crony capitalist west where capital directs governments is in decline.
China has won the trade war with its focused mercantile mixed economy and relative cultural unity.
USA and Europe are being challenged on economic and military fronts for global hegemony by China and its proxies Venezuela, Iran and Russia.