French capital flight spikes as Hollande hits business. “A key gauge of the French money supply — six-month real M1 — has been contracting at an accelerating rate ever since Mr Holland’s election in May.” “The employers group MEDEF said business was ‘in revolt across the country’, warning that bankruptcies were accelerating and firms were slashing investment. ‘Large foreign investors are shunning France altogether,’ it said.” Socialism’s perfect record continues.

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9 Comments on "French capital flight spikes as Hollande hits business"

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poppajoe49
January 14, 2013 8:14 pm

So, the trend continues, California emulates France again.

Member
Fenster314
January 14, 2013 11:14 pm

This is why real socialists demand full on international socialism. Not that namby pamby “socialism in one country” crap. With international socialism there’s no place to run – from the police.

Member
Sidekick
January 15, 2013 4:15 am

The road to serfdom begins like this. You are right, the only way it can “work” is to ensure that there is no place to which one can escape the taxation, confiscation, and debt.

Member
Elrond Hubbard
January 15, 2013 10:10 am

Under international socialism there’s no place to run from the police, the tax collector, the bureaucrat or the gulag.

Member
danybhoy
January 15, 2013 11:40 am

Who did’nt know this would happen?

Member
Not so silent
January 15, 2013 1:08 pm

Damn Socialist Greed……

Member
danybhoy
January 16, 2013 12:12 am

In the words of Montgomery Burns, E X C E L E N T !

Member
BarbR
January 15, 2013 2:52 pm

Quelle surprise.

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