• 321 days Will The ECB Continue To Hike Rates?
  • 322 days Forbes: Aramco Remains Largest Company In The Middle East
  • 323 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 723 days Could Crypto Overtake Traditional Investment?
  • 728 days Americans Still Quitting Jobs At Record Pace
  • 730 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 733 days Is The Dollar Too Strong?
  • 733 days Big Tech Disappoints Investors on Earnings Calls
  • 734 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 736 days China Is Quietly Trying To Distance Itself From Russia
  • 736 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 740 days Crypto Investors Won Big In 2021
  • 740 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 741 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 743 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 744 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 747 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 748 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 748 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 750 days Are NFTs About To Take Over Gaming?
Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

  1. Home
  2. Markets
  3. Other

Le Pen Praises Brexit, Promises Frexit Referendum on EU

French National elections take place in two rounds of voting 2017. Marine le Pen is widely expected to be one of the final two candidates.

Today she praised the UK for choosing their own destiny and repeated her pledge to have a referendum on France's membership in the EU.

Marine le Pen praises Brexit

In her first public meeting after a summer break in the tiny village of Brachay in northeastern France, Le Pen portrayed herself as the sole credible defender of law and order and national unity, saying the best way to combat terrorism was the ballot paper.

"This referendum on France belonging to the European Union, I will do it. Yes it is possible to change things. Look at the Brits, they chose their destiny, they chose independence … We can again be a free, proud and independent people," she said.

Le Pen's increasingly popular party thrives on anti-Europe and anti-immigration sentiment and opinion polls see her making it to an early May run-off in France's presidential election, but losing that second round to a mainstream candidate, as a majority of voters do not want her as president.


Can Le Pen Win?

Reuters noted a majority do not want Le Pen to win. That's true enough because a majority do not want any particular candidate to win.

In the US, a majority do not want Hillary or Trump. Voters will have to make a choice anyway.

Many will claim Frexit is "impossible". They said the same thing about "Brexit".

For now, I will go with the majority who believe French socialists will would rather see any other candidate than Le Pen.

That is true today. But it may not be true when it matters, next May.

For more on how the 2017 election shapes up, please see French Economy Minister Resigns to "Regain Freedom"; His Political Party "En March"

 

Back to homepage

Leave a comment

Leave a comment