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French Fried Economics

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  • Description

    FBN’s Stuart Varney sounds off on the upcoming presidential election in France.

  • Duration 1:46
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This transcript is automatically generated

That they go again those Europeans yes yes I know I have an accent and yes I was born over that.

And that's as far as it guns here's my take.

Wake up Monday morning and you may well see a -- left socialist.

On his way to becoming the president of France mischief -- all along that.

He wants to -- does not ask.

All -- the Central Bank to print a lot more money.

He wants -- -- -- retirement age and I 75%.

Tax rate on the rich watch out -- I mean.

Financial lunacy lives on.

You can see in this the sheer desperation.

To keep the gravy train going.

No matter what it does -- your economy no matter what it -- of culture.

Instead of reform there is a great yearning for a return to the good old days of something for nothing and someone else can pay.

That is the morality of socialism all rather be immorality.

What the French and other Europeans do not accept is that this absolutely cannot go -- And the crunch has a ride you can -- -- a bit by printing money but that makes the crash fall was in the end.

But -- spend much time talking about the Europeans on this program frankly -- -- with them and on board of reporting that financial -- of the content of my books.

But what it's going to punches we will tell you all about it.

So let me close with the age old truth from -- great lady Margaret -- -- we go.

The trouble with socialism is that sooner -- later you run out of -- people's money.

You wanna lab to -- and I was glad Francis said unemployment at 7% or higher for thirty year yes it's 120% and it's getting worse gonna go to.

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