“Operation Jupiter” and a revolution in the making, by Alastair Crooke

A “new populism” is emerging because millions of people are pissed off about their governments. From Alastair Crooke at strategic-culture.su:

The “new populism” on the left and right, and the collapse of the “centrist” cordon sanitaire

Brussels Élites let out their long sigh of relief – the French Right was blocked. Markets complacently shrugged; ‘everything must ‘change’ to remain the same’. The Centre will find a way!

Macron successfully had blocked the ‘populist’ Right and Left through mandating a Centrist tactical defensive line to be dug, obstructing both political poles. And the tactical blockade was a success.

The ‘Right-wing’ Le Pen party – out of 32% of votes cast – won 125 seats, (just 22% of the Legislature). The Left took 180 seats out of a 26% share of the vote, and Macron’s bloc Ensemble claimed 159 seats from 25% of the vote.

No one party, however, has enough seats to govern (usually this requires some 240 to 250 seats). If this is deemed success, it surely is a Pyrrhic success. The Leftists comprise a spectrum of opposites – from Anarchists to contemporary Leninists – whose Melenchon core will never co-operate with Macron’s Centrists, nor with Le Pen’s aggrieved followers, either.

Historian Maxime Tandonnet says it is a heroic misinterpretation of events to think that Macron has achieved anything other than a fiasco:

“Operation Jupiter has degenerated into the worst possible scenario. It is a total impasse”.

It is impossible to form a functioning government from this Assembly mêlée. (Macron has refused the resignation of the losing PM, asking him to stay on, ad interim).

Well, as Henri Hude, former Director of Research at the Saint-Cyr military academy, observes:

“No one can doubt that a revolution is in the making in France. Expenditure by the State and the Welfare State far exceeds resources, which it is almost impossible to increase significantly, either through economic growth or taxation …

“The only way for the State to make ends meet is to run up increasing debts, which can only be supported by very low interest rates – but above all, by the ability to issue money infinitely, ‘out of thin air’ thanks to the Euro’s privileged link to the German [high credit rating for 10-year Bunds].

Were these facilities to cease, “financiers estimate that France should have to cut the salaries of its civil servants, or cut back their numbers, by around a third, and retirement pensions of everyone by a fifth. This is obviously unfeasible”.

“What is in reality a budget and trade deficit is disguised as debt and would have been purged thirty years ago by national currency devaluation – but this debt artifice [increasingly benefits the rich]… whilst the general population never ceases to grumble, living its’ rose-tinted dream – and held in blind ignorance of the state of our finances … That said, the ruling class is well aware of the situation, but prefers not to talk about it, because no one knows what to do”.

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