I don't know anything about this situation or France at all really, but I do admire what I perceive to be a revolutionary energy there. They seem to understand better than most countries that if they are going have a ruling class, it should serve them, else it should be burned to the ground.

Again, just my perception, but it seems to break from the norm of having a parasitic ruling class and no accountability. Their accounting seems to kill all the trappings of an accounting-free world, namely break-out entrepreneurs, but at the least the ruling class stands to get fucked when it deserves it.

The WEF chosen ones are not having a good time these days. Hopefully Chairman (I mean prime minister) Trudeau is next.

Le Pen's Rassemblent National (RN) is partially right-wing in name only, they actually have a very socialist agenda.

They underwent a deep internal transformation to appeal to a larger voter base, the goal was to remain relentless against immigration, while loosing the racist and extremist image. In the process, Marine expelled her dad, the party founder, still a hard-core right winger. They have also abandoned many of their original positions like Frexit, leaving the euro, etc. They are pro Ukraine, and in favour of the war against Russia, etc.

They are moving slowly towards the centre, and work hard to distance themselves from other "extremist" right wing parties who are still very principled, honest about the unsustainable situation in France, and propose a harsher deviation from the current course, either on the question of immigration, like for example Reconquête party (led by Zemmour and Lepen's niece), or Frexit and the euro, or the Ukraine-Russia conflict.

Political analysts call this process "Melonification", by analogy to the Italian "right-wing" prime minister, Meloni, who's made a complete u-turn on her major promises after winning the elections. She's done almost nothing on immigration, abandoned her plans to leave the euro and the EU, and is now best friend with Ursula von der Leyen, the EU boss...

The RN is poorly staffed, they are full of activists, but miss people with experience. Their co-leader, Jordan Bardella, who is expected to become the new PM after the elections, is a 28yo high-school drop out who has joined the party very early as a 16yo boy. To succeed in this difficult task ahead of him, he will have to form alliances, but his pool of candidates is shrinking because they are distancing themselves from the extremist parties.

I personally don't expect much from the RN. This past election results were more a protest against the very unpopular Macron than anything...

France never had a right wing government since world war II and Macron thinks that right wing can't rule over the country anymore. For this reason only he dissolves French Assembly and now there will Re-election in two phases on June 30 and July 7.

The decision to stop Le penn is put under a big scanner. Le penn's right wing won elections by more than 30% vote share. That's huge. So, a re-election may not change a lot, IMO.

Now, about a 'Frexit', right wing will possibly not go this we ay but they will surely go against many policies made by EU such as immigration, foreign ties, environment strategy etc. etc.

Countries in the Eurozone are like frogs in boiling water. The sooner they want to jump out of the pot being the Eurozone, the more likely they will be free from boiling.

I wonder how a nation can opt out of the Eurozone, I bet it isn't easy.

Why is it one sides responsibility on the financial state of the country? " the euro zone's second-biggest economy faced the risk of a financial crisis if the far right were to win parliamentary elections in the coming weeks." Isnt this a bit of BS? The whole country is responsible, not just one side. If you elect a side that doesnt make responsible financial decisions, of course you will suffer!

when the coming euro crisis unfolds, and it will start to do so in view of the rapidly rising sovereign debt of the eurozone and the problems of banks in Europe following the devaluation of government bonds and real estate, the European Central Bank will have its work cut out defending the interest rate spread between Germany and America, which really counts as it sets the direction for the international capital markets. the European Central Bank and its associated organizations are currently the biggest buyers of US government bonds, which shows that they are doing everything they can to keep US bond yields down and prevent capital flight.

After the drama that took over in UK for brexit, it will be a fun to watch for 'frexit'.

The political turmoil in France is definitely shaping up for something huge.

Manufactured panic

More of it will ensue if the right wing parties gain a majority on June 30 and July 7.

French involvement in the Seven Years' War and the American War of Independence added substantially to the state's debts. Following the stock market crash, the banking system in the United States faced a severe crisis, leading to widespread bank closures and loss of public confidence. The government implemented regulatory reforms and established institutions like the FDIC to address the crisis and restore confidence.