AND NOW … French Finance Minister: ‘France Is A Truly Solvent Country, France Is A Truly Credible Country’


France’s Labour Minister Says France Is ‘Totally Bankrupt’

These aren’t the droids you’re looking for

Frankrupt Damage Control “France Is A Truly Solvent Country, France Is A Truly Credible Country” (ZeroHedge, Jan 30, 2013):

In a move farcically reminiscent of Inspector Clouseau, the French Finance Minister made an impromptu appearance on the BBC to confirm what we all should have known all along: that “France is a truly solvent country, France is a truly credible country.” As the Washington Post notes, the oh-so-honest faux-pas that enfant terrible Monsieur Michel Sapin made yesterday – explaining how his nation is “totally bankrupt” – had French politicos scrambling today to recover their je ne sais pas. It would appear the crisis management approach taken is the repetitive Jedi mind-trick and of course we should believe Moscovici – even as France faces near-record unemployment, ratings downgrades, fiscal atrophication thanks to a plunge in competitiveness, and backlash among the elites at its increasingly socialist policies. “This is not the France you are looking for,” and sure enough, now we believe them.


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