Macron May Trigger Debt Crisis W/Yellow Vest Crackdown "Yellow Vest critical mass"

Macron May Trigger Debt Crisis With Yellow Vest Crackdown

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"The Yellow Vests have reached critical mass. And the movement has now created the perfect storm for President Emmanuel Macron..."

Wed, 01/09/2019 - 09:00
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Authored by Tom Luongo,

The Yellow Vests have reached critical mass. And the movement has now created the perfect storm for President Emmanuel Macron.

https://www.zerohedge.com/sites/defa...ers-macron.jpg
https://static.apester.com/<acronym ...er_100x100.gif
He can no longer ignore it, even though he tried to do so. And his lack of understanding of the situation as well as his open contempt for his opposition has placed him in a political vice.
Ignoring the problem will only make him look weaker and more disinterested. He could address the situation, put France first and step aside for new elections, which is the decent thing to do.
But, he’s chosen the predictable third option, crack down on the protesters in a futile show of strength. Authoritarians react to challenges like clockwork.
Disobedience is met with violence. More disobedience is met with more violence.
Before last weekend’s Act VIII protests Macron had one of the Yellow Vests original organizers, Éric Drouet, a truck driver, arrested and released pending a trial for “organizing an undeclared demonstration” while meeting with friends at a restaurant.
Into the midst of this come the Italian Dynamic Duo of Salvini and Di Maio, leaders of the two Euroskeptic parties which make up the ruling coalition there. They both encouraged the Yellow Vests to continue to pressure the French government into reform.
All Philippe’s government could do was respond with “sweep your own door.” Ooh, do you feel the burn from that one!
And after Yellow Vests targeted both the Bank of France in Rouen and the National Assembly in Paris, Macron’s government has finally come out of hiding to announce even stronger crackdowns on these protests.
But Macron himself couldn’t do it. If he did it would simply spark an even more extreme reaction. So, at this point Prime Minister Edouard Philippe is handling the bad <acronym title="Google Page Ranking"><acronym title="Google Page Ranking">PR</acronym></acronym> duties informing everyone that even more crackdowns are coming on these protests.
Because order and all of that.
But, the important take away from this announcement of further crackdowns is that this should only make things worse for Macron and Philippe. And it will further destabilize French society as over-worked (and seriously under-paid) police are asked to do more.
Remember, the French police donned their own yellow vests at one point complaining that they hadn’t been paid for the over-time they’ve put in to “control” these protests by stoking further violence.
If France falls into complete political chaos it will eventually force equity and bond markets to pull their heads out of the sand and see the truth for what it is, that Europe is not the model of future stability just because Macron, Merkel and Super Mario Draghi say it is.
A call for a further crackdown against protests is the same response as the new EU laws on internet speech and dissemination of memes, Articles 11 and 13, they are attempts to stop open dissent against a distant and uninvolved leadership.
The Yellow Vests in France have made the cognitive leap that Italians did in last year’s elections. That the EU is a scam and all of its policies were designed to do exactly what its done — impoverish the working classes, enrich the aristocracy and enforce it through a Byzantine bureaucracy that makes the world of Terry Gilliam’s Brazil look like a Toyota factory floor.
A France on general strike, paralyzed by political turmoil and a government at war with itself, even if Macron steps aside, will call into serious question the future viability of the EU and the euro.
This is why Salvini and Di Maio’s support of the Yellow Vests is so important, it provides another vector of attack on the EU which they eventually cannot ignore.

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Youtube Video https://youtu.be/RGbcosnyzSI

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France Moves To Ban All Protests As PM Announces Major Crackdown On Yellow Vests

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The proverbial gloves are coming off signals PM Philippe...

Wed, 01/09/2019 - 02:45
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France is signaling it's making preparations for a massive new crackdown on the gilets jaunes or "yellow vests" anti-government protests that have gripped the country for seven weeks. A new law under consideration could make any demonstration illegal to begin with if not previously approved by authorities, in an initiative already being compared to the pre-Maiden so-called "dictatorship law" in Ukraine.
In the name of reigning in the violence that has recently included torching structures along the prestigious Boulevard Saint Germain in Paris, and smashing through the gates of government ministry buildings, the French government appears set to enact something close to a martial law scenario prohibiting almost any protest and curtailing freedom of speech.

https://www.zerohedge.com/sites/defa...0crackdown.jpg Fires set at structures along the famous Boulevard Saint Germain in Paris, France, January 5, 2019, via ReutersPrime Minister Edouard Philippe presented the new initiative to curtail the violence and unrest while targeting "troublemakers" and banning anonymity through wearing masks on French TV channel TF1 on Monday. He said the law would give police authority crack down on "unauthorized demonstrations" at a moment when police are already arresting citizens for merely wearing a yellow vest, even if they are not directly engaged in protests in some cases.
PM Philippe said the government would support a "new law punishing those who do not respect the requirement to declare [protests], those who take part in unauthorized demonstrations and those who arrive at demonstrations wearing face masks".
Philippe's tone during the statements was one of the proverbial "the gloves are off" as he described the onus would be on "the troublemakers, and not taxpayers, to pay for the damage caused" to businesses and property.
"Those who question our institutions will not have the last word," he added.
However, if anything the protests have grown fiercer in response to any police crackdown or violence against demonstrators. Should all protests be banned under the new law, it could be the start of more violent riots gaining steam, as what began Nov. 17 as anger over fuel tax hikes has now turned into rage at President Emmanuel Macron and policies that seem to favor the urban elite.
Other yellow vest inspired protests previously broke out across Europe, and in perhaps a sign of things to come a video from The Netherlands of a woman pushing her baby in a stroller being arrested by police apparently for merely wearing a yellow vest is going viral.
In the video, police confront the woman in what appears a quiet neighborhood far away from any visible protest. Police were photographed alongside the baby on the street as the mother was dragged away.

https://www.zerohedge.com/sites/defa...man%20baby.jpg Image via journalist Sotiri Dimpinoudis

With the French prime minister now announcing coming draconian measures banning all protest, this is precisely the horrific scene that could begin to be repeated across France and the EU.
In total at least six people have died and over 1,400 people injured during the French protests, with thousands arrested weekly, according to international reports. Over the weekend some 50,000 protesters continued demonstrating in multiple cities, leading to significant clashes in Paris, Bordeaux and Rouen. A number of commentators have noted that though there appear fewer demonstrators compared to December, there appears a serious uptick in violent acts on the part of both demonstrators and police response.

https://www.zerohedge.com/news/2019-...n-yellow-vests

Yellow Vest Protesters Call for Huge Run on French Banks...