Macron Blinks: France Suspends Fuel Tax Hike After "Yellow Vest" Riots
This is a bigger blink than the headlines indicate. France was the second pillar of the euro, after Germany. Macron just declared that interest payments to Germany are too high, and French wealth is rushing out of the country.
Macron and his ministers lost credibility in dealing with Greece and Italy, Italian ministers now free to igore the ECB as the ECB revolt extends throughout the Club Med, including France.
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