Yellow vests and a run on the bank, UK joining in? About time too.

in #france5 years ago (edited)

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To understand what is going on in Europe and the world.


We can look at France to see on a micro scale what the problem is, and it comes down to the elites always wanting more money and not enough to go around for everyone else.
In France the yellow vests started protesting in November, the police in plain clothes infiltrated the protests as they always do, to promote violence and make the movement look bad, to try to get public support to swing away from the peaceful protesters.

They are not stupid in France, so to avoid the police infiltrators taking control and sending this thing in reverse, they the protestors organized a women only march, that was impossible for the police to turn violent. :-)

Ten people have died in the revolt and over 1400 have been injured, according to the BBC. But several hundred women wearing yellow vests marched through Paris in a bid to restore a peaceful image to the grassroots protest movement, a day after demonstrations veered once more into violence.

This started off with a protest using the yellow vest that is compulsory to carry in any vehicle this side of the pond, to signify the rural communities need to use their own vehicles to get around the countryside, and raising fuel tax (gasoline/diesel) to pay a supposed levy to combat global warming was the straw that broke the camels back.
The list of demands has grown now to represent a lot more things people want including corporations to pay more tax and people pay less.

Here is just a sample, I urge you to click the link to see the rest.

MPs from France, we inform you of the People's Directives for you to transpose them into LAW.

  • Zero homeless : URGENT.

  • Income tax more progressive (more slices).

  • SMIC ( minimum wage for growth) of 1300 euros net.

  • Promote small businesses, villages and city centers. (Stop the construction of large commercial areas around big cities that kill small business + free parking in city centers).

  • Large Insulation Plan for housing. (to make ecological savings for households).

  • That BIG (Macdo, Google, Amazon, Crossroads ...) pay BIG and that small (artisans, TPE,PME– SME and Microenterprises) pay small.

  • Same system of social security for all (including artisans and self-entrepreneurs). End of the RSI ( the social regime of the self-employed).

  • The pension system must remain in solidarity and therefore socialized. (No retirement at peak).

  • End of the tax increase on fuel.

  • No pension below 1200 euros. Please take a look.

The amount of rural people in France is not large and only around 19%.

81.4 % of the population is urban (53,298,174 people in 2019) Source.

That matters not though, the fact is austerity in France, Europe and a lot of countries in the world is dividing the haves and the have not's to breaking point, with more and more homeless year upon year. I wrote before how the top 1% own more than half the worlds wealth.


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The current system of fractional reserve banking and capitalism is at fault.


With there never being enough money in the system to pay off the loaded on debt, this was always going to end badly.

The countries banks are believed to have about a quarter of the cash needed to weather a bank run.
If reports are true in saying 70 per cent of the population plans to withdraw all their euros, it means more than 46 million people will be directly revolting against the system.
This could lead to a systemic banking crisis in the country where almost all the banking capital is wiped out.

HOW COULD IT AFFECT ECONOMY?

France has the seventh largest economy in the world and the second largest in Europe, valued at $US2.58 trillion, according to world bank data.
It relies heavily on tourism and agriculture to sustain this — and boasts being the most visited country in the world.
If a bank run leads to widespread financial crisis it can result in a long economic recession for businesses and consumers who don’t have enough money. Source.


I note this has also now swept it's way across the channel to the UK this weekend.

Meanwhile right-wing, Brexit-supporting activists have signalled their intent to hold demonstrations in British cities, including the capital, under the banner “#YellowVestUK”.


For me Macron was nothing but a elite puppet placed in power to put the final squeeze on people, to get them to breaking point, I see the same thing happening to Canada also, where people will not be able to afford to heat their own home due to massive tax hikes on fuels, though I will leave that post for another time.

How is this all going to play out? Not sure, though one thing I am sure about, is austerity is about to end, and the top 1% are going to have to start paying their share of tax, banks will have to start playing fair and corporations are going to have to adapt to also paying their fair share of tax. Viva le France, big up to the UK for joining in. We only need to keep this peaceful and then we "WIN"....................................

@shepz1 has fingers and toes crossed regards this one.

Images pixabay.

Edit, this is well worth a read too. You really don’t want to piss off the French.

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How good would it be if everyone just started taking their money out of their banks and putting it in home safes? It would cause absolute chaos for the financial sectors... the problem is, hardly anyone has available savings because the system has been broken for so long.

I was thinking... it's weird that we don't inherit houses on our birth... I realise family trees extend outwards... but where did all the wealth my great-grandparents, etc etc go? How are we still poor despite generations and generations and generations building wealth their entire lives?

The answer to that is simple, tax! Death Tax, fuel tax, value added tax, wages tax then paying tax on all the former after already being taxed, it simply never ends does it, tax that is.

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Create conflict - then "solve" it.

Just like on Steemit!

This one is getting solved by the people, not by the el-ites, ;P

You know I'm far from convinced about that...

I think it's a well played psyop

I'm feeling a bit jaded today because it's just dawning on me that I got a bit scammed myself!

You think farmers and rural people are being played to opt for local reform to remove the power from central government, where they can select their own laws without needing government approval? If that is so, then bring it on to the rest of the world I say!....

Yes - and this bit comes later - bring it on to the rest of the world

part one - get some fascists to repress everone

part two - provoke the people to react

part three - a new and "better" system

Steemit anyone?

I have another motorbike and a half arriving tomorrow, no I have not got enough!

how many is that?

i have a friend with 17 high end road race bicycles from the 90's!

i was going to add a picture, but the steemit site is running like a pig...

It was error error and 504 earlier today full stop.

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this frame is actually newer but i couldn't find a pic of the full line up

Performance Enhancement drugs any Lance?

Interesting times this yellow vest thing. Maybe everyone in every country should take there money out of the banks now that could turn fun.

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I do not think you have fractional reserve banking, I may be wrong, but I do not think you do. :-)

I was reading that they're out destroying speed cameras now. That and trying to bring down the euro, now there are two very useful endeavours!

And is not that the truth right there, they are doing the same here too with regards to speed cameras. :-)

We don't seem to get much of that here. Bloody docile Irish. Must be the fluoride in the water!

If you have that crap in the water then yes, it may well be down to that, although even in Birmingham Severn Trent put it in the water, we still put old car tyres around speed cameras, filled the tyre with petrol, and let the fuckers burn. :-)

Protect French industry: prohibit relocation. Protecting our industry is protecting our know-how and our jobs.

Sounds like the US, here we are called protectionist and out of line thinking we can live without a global market.

Anyone authorized to work on French territory must be equal with a French citizen and his employer must contribute to the same height as
a French employer.

Much like the illegal population here that undercuts the wages of American workers by being willing to work for half the wages while cramming a family in each bedroom in order to survive off those wages.

That a real integration policy be implemented. Living in France means becoming French (French language course, History of France course and civic education course with certification at the end of the course).

Here they would call a demand like that (though it's suppose to be criteria met to be a US citizen if you come here legally and those who do oblige) but if you were to say all illegals must comply you are called a racist and are afraid of losing white sovereignty.

End of presidential allowances for life

Presidents should provide for themselves after leaving office, here they even get a yearly amount to maintain an office, if they want a office let them pay for it themselves.

Interesting thoughts from the American perspective, I guess we all look at our own land first, before looking at others, the USA like the UK went full on PC and far left. The French like the Polish are not willing to, nor Hungary.

Much like the illegal population here that undercuts the wages of American workers by being willing to work for half the wages while cramming a family in each bedroom in order to survive off those wages.

I have seen this happen in the UK twice, once in the 1970's and it was Indian, Pakistani and Jamaican families with 10 people to a 2 bedroom house, then when Poland joined the EU they did the same, everyone screams look at how they live, look how many are in that house, they work for less than me blah blah blah, they were all willing to do the work we simply did not want to do anymore, chamber maids, porters, menial work, bars/pubs etc.

Globalism is nothing more than the next cheep labor for profit in dividends/shares.

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