Macron to Hand All Sovereignty to Brussels

armstrongeconomics.com / by Martin Armstrong / May 11, 2017

Emmanuel Macron’s victory promises no change for Europe and it has been the blessing Brussels wanted so badly to further advance the federalization of Europe. Macron will surrender far more French sovereignty to Brussels than anyone suspects based upon reliable sources. Macron is a technocrat and the youngest President in France ever at 39. His message of surrendering the sovereignty of France was the subtle use at his rally in Paris of the European anthem, Beethoven’s “Ode to Joy,” rather than the Marseillaise. This was indeed a powerful gesture of a surrender to Brussels that will be full and complete. It also signals there will be no change in direction or reform from Brussels.

The New York Times called the defeat of Marine Le Pen, was a battle against the evil forces of “xenophobic nationalism exploited by President Donald Trump.” They also reported that this is the end of populism as expected for they classified BREXIT as “Britain’s dismal decision last year to leave the European Union, and in the face of Trump’s woeful anti-European ignorance, was critical” to Macron’s victory. It is just stunning how the New York Times cheers on the EU and socialism yet never looks at the data to see if they are correct in pronouncing that the EU has created growth rather than destroyed it.

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