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???? 200 BILLION DEFICIT: the fiasco of French trade!

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Published on Oct 28, 2023

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▷ THIS CHANNEL REALLY NEEDS YOU TO KEEP GOING! GOAL 6,000 SUBSCRIBERS ON OUR SITE! Subscribe here ???? https://elucid.media/offres/ ▶ InfoGraphic – Column by Olivier Berruyer #08 France must be competitive! We must innovate, we must tighten our belts, make sacrifices, and weigh in against our international competitors! You know the song, and yet the years follow one another and are similar for French foreign trade: it is simply a disaster! After recording a record trade deficit of €85 billion in 2021, France's deficit in 2022 doubled, to nearly €200 billion! Between the energy crisis, deindustrialization, the euro, and generally the disastrous management of our leaders brought up on the religion of free trade, everything is in place to make us go straight into the wall! Understanding what is happening around our trade balance is crucial to grasp not only the economic issues, but also the political ones: because as our foreign trade deteriorates, our dependence on foreign countries increases, and our sovereignty collapses! ???? OUR ARTICLE TO DISCOVER: https://elucid.media/economie/deficit... ???? TO BE TRULY INFORMED, AND ANTICIPATE CRISES, JOIN US: https://elucid.media/offres/ ───────────────────────── SUMMARY: 00:00 - Introduction 01:08 - PART I: a record trade deficit 04:14 - The 2000s: the return of large trade deficits 05:16 - The eurozone, the leading trading partner 06:35 - A historic surplus in international trade in services 09:02 - Despite everything, a historic deficit in foreign trade 11:51 - PART II: The result of calamitous management 13:06 - The United States, the big winner of the gas war to our detriment 14:22 - Deindustrialization and the euro: heading straight for a wall! 17:40 - Higher deficit in the eurozone 22:05 - PART III: An increasingly serious loss of independence 23:21 - Public debt, the main source of financing the trade deficit 26:08 - France's external position is recovering 27:56 - Summary

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