– Foreign Investment In France Crashes 77% In 2013 (Most On Record) To 26 Year Lows (ZeroHedge, Jan 30, 2014):
When your manufacturing industry unions kidnap their business leaders, taxes reach extremes of duress, industrial production limps lower and unemployment hits record highs; it is hardly surprising that the world is a little nervous of piling its hard-printed cash into your country. But in the case of France, data reported by the UN shows the biggest collapse in foreign direct investment ever. Figaro reports that FDI fell to EUR 5.7 billion – a drop of over 75% year-over-year – and the lowest since 1987. Ironically, Spain’s FDI rose 37% and Germany’s quadrupled… Is France an Emerging Market now?
Data: Bloomberg and Figaro
This is terrifying. This tells me that people are starting to ask for their money in cash……and banks have less than five cents on deposit for every dollar they claim as an asset…….the banking kings tried to get them to raise it to five cents…..and the banks would have had to borrow the money……so, it never happened.
Here is an interesting article of many on Bill Moyer’s website…..on the two Americas.
This is quickly becoming a worldwide problem. US media is hiding all these stories, they don’t want the bank runs here…..but it is just a matter of time……
http://billmoyers.com/2014/01/28/gallup-asks-how-america-is-doing-finds-stark-racial-differences/