The President of the Republic, in one of these round-trip which he has the secret has participated in a debate almost Franco-French, met with Indonesian President and Bill Gates, with which France has a privileged partnership. He left the Swiss resort early in the afternoon.
Fortunately, the media has retained much of its advocacy for the Euro: the assertion that there was no question of abandoning the euro and that France and Germany and was not even considered this idea.
Was there much need to return to the Second World War and the “violence and barbarity” of this confrontation? The Euro is really an instrument of peace? What the audience wanted to hear is why Europe has made fifty years ago. They are clear and respected, because fundamentally right. Was it really scratch in passing the complexity of managing Barack Obama compared to that of Europe.
The fundamental question today is the result of ê be the Euro, its added value for Europe and its economies. There are voices, even in France, to protest against the retention in the Euro. Consider that the Fund was established ” in record time ” , is seeking history.
The consequences of the disappearance of the euro would be “cataclysmic.” To whom? Why? He had been so important to demonstrate the relevance of the Euro today, with its constraints, opportunities and challenges.
The answer to Jamie Dimon, the boss of JP Morgan, which called for the establishment of good political cooperation with global regulators and the G 20 has surprised. Trying to describe the “direct link absolutely “between the financial crisis and Europe’s unemployed is at least questionable.
The description of an offshore country guaranteeing 700 times its GDP or postings swam off-balance in the middle of science fiction.
The description of the IMF’s role was surprising. The idea of reforming the IMF should not come at the expense of its primary function: managing the global equilibrium. Needless to say that the description denigrated the Fund’s current action as the Chairman of the G 20 has distanced himself from the peak of Seoul.
Unfortunately Christine Lagarde has wandered somewhat. In a debate this Sunday morning, organized by the BBC in Davos, she tried to pretend that Europe and the Euro were the ” shock problems in other parts of the world . ” Exceeding the limits of fiscal deficit and debt of European countries seem to me entirely the responsibility of the countries concerned.
Why look for external causes to which is a form of complacency, and neglect in the budgetary and fiscal discipline. It is extremely dangerous to denounce the enemy from the outside while it was initially to put its own house in order. “It’s too easy to pretend , “sings Jacques Brel.


