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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Quelle surprise.
Damn Socialist Greed......
In the words of Montgomery Burns, E X C E L E N T !
Who did'nt know this would happen?
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.
Under international socialism there's no place to run from the police, the tax collector, the bureaucrat or the gulag.
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.
So, the trend continues, California emulates France again.