Category Paris
French Protestors Target BlackRock
Armstrong Economics Blog/Civil Unrest Re-Posted Apr 11, 2023 by Martin Armstrong
The pension reform protests in France grew to new proportions. Protesters have not allowed the government to silence them. On Thursday, over 100 people stormed BlackRock’s office in Paris and nearly burned it down. “The meaning of this action is quite simple. We went to the headquarters of BlackRock to tell them: the money of workers, for our pensions, they are taking it,” a protestor told a CNN affiliate. The protest was organized and the message was clear.
We have seen a slew of failed protests in America where groups without leadership burn down the private property of their neighbors and small businesses. We’ve seen protests divided over the wrong causes, such as the nurses’ strike that failed because some felt the leadership was not diverse enough. Some protests, such as the BLM movement, became so obscure that no one even knew what they were protesting. Here, the Parisians are not allowing government mismanagement to change their retirement plans. It may seem like a small sacrifice to those without pensions, who could not dream of even retiring in their 60s, but the problem is much deeper than a change in the retirement age.
Governments historically target the people, who they see as the disposable Great Unwashed, when their plans fail. The French government believes the people should make a sacrifice due to the steep budget deficit. Across the world, governments are taking more from their citizens. People are asked to suffer to promote the climate change agenda, eat less meat, drive less, and even refrain from heating their homes. Inflation has made the cost of living unsustainable but that has not prevented governments from raising taxes and asking for more while we receive less. Give an inch, and they’ll take a mile (or a kilometer in this instance). This is why effective government opposition is essential to sustaining our fundamental rights. They will take as much as possible if we allow it to happen.
Paris on Verge of Revolution?
Armstrong Economics Blog/Civil Unrest Re-Posted Mar 28, 2023 by Martin Armstrong
We have been getting readings in France keeping us up to date in this huge Pension Protest and many see this as rising tension toward Revolution. While politicians dump money into Ukraine with no accountability whatsoever, they turn on their own cities and tighten the economic screws.
There is no question that Socrates has correctly forecast the rise in civil unrest. But this is just the first quarter. Things are going to get much worse. From April on, we are looking at rising volatility in many areas. The mega protest in Paris over the Pension Crisis has not even touched on the war that these people are planning as a distraction from the fiscal mismanagement.
The government will always paint protesters are violent. In the USA, the Democrats called the January 6th protest an “insurrection” when there were no guns. The prosecutors who are always against the people, want to imprison anyone in the building for 5 years just for being there. In Canada, the government called the truckers terrorists, and again they had no weapons. In Paris the government instructed the police that they ate there “to destroy, to injure and to kill” to make sure the police do not switch sides. When the police join the protester, as in Ukraine in 2014, the government falls. The same took place in Moscow during the coup and the military refused to shoot the people so the coup collapsed.
There is always a pattern where the government at the end of the day will always view the people as the ultimate enemy. As long as we remain quiet, pay our taxes, and go off to war when they order us to die on foreign soil, then they are happy. When people rise up, then there is a problem. Revolution is ONLY successful when the police/military support the people.
Centinel2012 