The David McWilliams Podcast Common Sense is Coming Home!
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Jun 25, 2024 Explore Britain's unexpected shift as a beacon of stability amidst European turmoil. Delve into Germany's fragile infrastructure, European bond market chaos, and France's political challenges. Contrast historical socialism with current centrist leadership in the UK. Join this fascinating journey through history, politics, and economics.
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Britain's Shift to Sanity
- Britain, once seen as radical, now appears as an island of sanity amidst European political shifts.
- This unexpected shift highlights the fluctuating nature of political perceptions.
French Bond Market Fragility
- The French bond market is showing signs of fragility due to upcoming elections and political fragmentation.
- The extreme right and left are squeezing Macron, creating potential gridlock and impacting bond yields.
De Gaulle's Constitutional Influence
- De Gaulle, after retiring, was called back to rewrite the French constitution, strengthening the presidency.
- This was done to address political instability, reflecting a historical pattern of seeking strong leaders.