European governments and the EU are filled with less than mediocre people doing whatever it takes to hang on to power. From Simplicius at simplicius76.substack.com:
The French government expectedly collapsed, with Prime Minister Bayrou resigning after a no confidence vote. This has now resulted in Macron having to hand-pick a record fourth prime minister in just twelve months—or fifth in 24—a nearly unbelievable feat.
If that wasn’t bad enough, the news appeared to cause France to eclipse Italy in yields for 10 year bonds for the first time since the Euro’s birth:
France 10Y yield is above Italian 10Y yield for the first time since the Euro was introduced
French 10-year bond yields are higher than Italy‘s for the first time in the history of the euro area
ZeroHedge writes:
French bonds have been the worst performing in the region since President Emmanuel Macron called a surprise election last year.
Without hesitation Macron has appointed Sebastien Lecornu as new prime minister, the same Lecornu who has been the defense minister of France for years, and under whose “leadership” the French military was sent packing from Africa, leading to the slow unraveling of the decaying former-power.
French MP Clemence Guette writes:
Sébastien Lecornu is Prime Minister.
A Macronist from the very first hour, and now from the very last.
He has been a minister since 2017 and Emmanuel Macron’s rise to power. The president is retreating to his last loyalists, clinging to his throne and without any solution to get out of this mess.
The task entrusted to him is to form a government by negotiating an alliance from the socialists to the republicans. His budget will be similar to Bayrou’s. We will fight it for the same reasons.
The humiliation of the socialists and other claimants to the position is total. The betrayals will have been in vain.
Lecornu will fall like his predecessors.
As for Macron, he is making us lose time more than ever. Soon, it will be resignation or dismissal.
As discussed here countless times ad nauseam, the totalitarian Euro-cabal has perfected the ultimate system of laundering useless stooges through the conveyer belt in rinse-repeat fashion in order to protect the figures at the top, like Macron, who will allow a parade of nameless PMs to fall on their knife to perpetuate his own undemocratic and unpopular rule.
What are the Vegas odds on how long this latest Macron pick will last?
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