Author Topic: Socialist France tumbles as investment fall 77 percent  (Read 286 times)

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Offline rangerrebew

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Socialist France tumbles as investment fall 77 percent
« on: February 01, 2014, 05:51:36 PM »
Socialist France tumbles as investment falls 77 percent

By Cheryl K. Chumley

-

The Washington Times

Friday, January 31, 2014


Britain scored roughly 10 times the amount of economic investment from overseas sources than France in the last year, as the socialist nation led by French President Francois Hollande saw its business dealings on the international arena drop 77 percent.

The United Nations reported that France secured $5.8 billion of foreign investment in 2013 — the lowest level in 27 years. By contrast, Britain saw about $53 billion in overseas investments for that same year.

In 2013, Germany and Spain also saw increased investments from overseas sources — the former, by 392 percent, The Daily Mail reported. France's significant decline is a dramatic hit for the socialist president, who vowed his government policies would ramp up revenues for the ailing nation.

At the same time, France is suffering from hefty unemployment rates and rising poverty statistics. The recently released unemployment figure of 11.1 percent is a face-slap to Mr. Hollande, who vowed to bring down the unemployment rate by the end of 2013. Instead, joblessness rose by 10,200 in December alone, The Daily Mail said.

France is the second-largest economy in the eurozone.


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Online Oceander

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Re: Socialist France tumbles as investment fall 77 percent
« Reply #1 on: February 01, 2014, 06:08:15 PM »
Socialism is only fun until you run out of other peoples' money.

Sounds like France is running out of other peoples' money.

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Re: Socialist France tumbles as investment fall 77 percent
« Reply #2 on: February 01, 2014, 06:22:42 PM »
Investors have several better places to risk their money, besides high tax France.

Offline rangerrebew

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Re: Socialist France tumbles as investment fall 77 percent
« Reply #3 on: February 02, 2014, 09:21:12 AM »
Sounds like France is running out of other peoples' money.

They are, apparently, running out of their own money, too, as many of the wealthy are leaving France for "greener" pastures.
Abraham Lincoln:

There is no grievance that is a fit object of redress by mob law.
--January 27, 1838 Lyceum Address

Don't interfere with anything in the Constitution. That must be maintained, for it is the only safeguard of our liberties. And not to Democrats alone do I make this appeal, but to all who love these
great and true principles.
--August 27, 1856 Speech at Kalamazoo, Michigan

Let us then turn this government back into the channel in which the framers of the Constitution originally placed it.
--July 10, 1858 Speech at Chicago


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