Here Debbie and I are in Paris for the French election. Everyone we have spoken with views Hollande the socialist in exactly the same light as President Obama. Not one wanted a Hollande victory, nor can imagine how America could reelect Obama. Here it is the immigrant handout crowd, the leftist students and their academic professors, and the public sector employees and unions who supported the socialist. Business owners young and old are appalled, and wonder how France can compete with the Asian Tigers. And who is it that fills the beautiful upscale stores in Paris? The stores are packed with Asians.
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Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.