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gerhard7
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Comments by "gerhard7" (@gerhard7323) on "France vs UK - Who Faces The Biggest Economic Problems?" video.
Sadly my comment has disappeared. Bit weird. Fact based and not controversial.
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Ironically Macron's pact with the Left in order to keep the RN out could actually help further worsen French finances. The RN's manifesto plans were essentially Left-wing in nature anyway and they showed signs of trimming them to placate the markets in the event of victory. Now the Melanchon Left hold the whip hand and are far less likely to heed the market's warnings when it comes to implementing their even more radical plans. The law of unintended consequences? 'Le Pen de ma tante' as the French would say.
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London definitely warps the UK economy. The bigger and more powerful its vortex gets the more wealth and public/private investment it sucks in, often at the enduring expense of other regions. Perhaps better to have it than not have it all of course, but it is symptomatic of the wider ingrained wealth inequalities born of long established policy across the UK.
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