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Macron says the end of abundance is here

By Thomas Lambert | The Counter Signal | August 24, 2022

President Emmanuel Macron has warned the French populace that the end of abundance is here, and they should get used to living with less.

“What we are currently living through is a kind of major tipping point or a great upheaval… we are living the end of what could have seemed an era of abundance… the end of the abundance of products of technologies that seemed always available … the end of the abundance of land and materials including water,” he said in an interview. [emphasis added]

“This overview that I’m giving, the end of abundance, the end of insouciance, the end of assumptions — it’s ultimately a tipping point that we are going through that can lead our citizens to feel a lot of anxiety,” he continued. “Faced with this, we have a duty, duties, the first of which is to speak frankly and clearly without doom-mongering.”

However, while it looks like Macron may be right when he proclaims the “end of abundance” for some people, this is not the case for everyone.

Macron’s statements come the same month that corporate profits hit record highs amidst a nationwide housing crisis.

As reported by the Daily Times, “France’s CAC 40 stock index, which includes the country’s largest companies, just reported its best quarter ever.”

“From a profit perspective, 73 billion euros represents a 26% increase over 2013. Record-breaking inflation, energy shortages, economic growth nearing recession, and the most difficult times for the average French household since the 2008 financial crisis have all contributed to this year’s record.”

Similarly, dividends paid out by large French companies in the second quarter reached a record 44.3 billion Euros (a 32.7% increase), which was significantly higher than the European average.

Clearly, not everyone is suffering from the same lack of “abundance.”

As for “doom-mongering,” which Macron said people should avoid, it’s not surprising that he sees this as an issue as it largely stems from statements made and actions taken in recent months.

In July, Macron told the public sector to cut down on its energy use and asked the private sector to do the same amidst an energy crisis that could’ve been avoided. This cut in energy use includes, amongst other things, turning off the streetlights at night and passing a new law regulating air conditioning.

Meanwhile, supermarkets have already begun cutting down on their energy use thanks to soaring prices, going so far as signing an agreement to reduce heating in their stores this winter.

Anyone can see why the average person would be concerned about the state of France and where things are going. And unfortunately for the French people, it doesn’t appear the government, nor the financial elite who have made record profits amidst the decline, are doing anything tangible to remedy the situation. Instead, the President is quite literally telling people that they should get used to never having the same quality of life that they used to enjoy.

August 24, 2022 - Posted by | Economics, Malthusian Ideology, Phony Scarcity |

5 Comments »

  1. Who have their hands on the controls of abundance? Who control the narratives. Food and energy supply lines are being sabotaged–intentionally. Suppose they gave a recession/depression and nobody bought into the agenda?

    Like

    Comment by rediscover911com | August 24, 2022 | Reply

    • France seeks control of Yemen gas facility to reduce reliance on Russian fuel: Former minister
      Sunday, 21 August 2022 3:21 PM [ Last Update: Sunday, 21 August 2022 3:21 PM ]

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      Comment by Sparrow | August 24, 2022 | Reply

  2. The french voted for him. If the french proletariat took the money they spent on booze and shit television and mobile phones and put a little in the stock market, which is open to everyone… the Zimbabwe Industrial Index was up 12,000% yoy at one stage during 2007… it is an inflation protection. And stop using the word ‘elite’ because it makes them so. It is ever so simple… if you do not want what they have, they hold no power over you. It’s the victim perpetrator complex. https://odysee.com/@thefyrgen:e/victimperpetratorbond:1?r=F8tnX91cRCzJycD6368q9co7jdCAAsoH

    Like

    Comment by Richard Jones | August 24, 2022 | Reply

  3. It seems that Macron’s middle name is Joseph, who biblically, interpreted Pharaoh’s dream of a coming seven years of abundance and seven years of famine. The problem with Macron’s interpretation is that he has done nothing in the seven years of abundance, and is totally unprepared for seven years (or longer) of famine. Whereas Joseph saved 20% of grain production during the good years in order to last through the bad, Macron is waiting for the bad years so that he and his mates can buy up 20%, or more, of France, and fulfill the Schwab promise of (the French people) owning nothing and being happy – except there will be no happiness. Alors, c’est la vie!

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    Comment by Bill Francis | August 25, 2022 | Reply


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