by Mish Shedlock, Mish Talk:
Epic protests in France as the latest poll shows 71% of the French oppose the pension reforms.
The Wall Street Journal reports LVMH’s Paris Headquarters Stormed by Protesters
Demonstrations against Macron’s pension overhaul spill over into other facets of France’s establishment
Protesters stormed the headquarters of luxury conglomerate LVMH Moët Hennessy Louis Vuitton SE on Thursday as the nationwide protest movement against President Emmanuel Macron’s pension overhaul morphed into a populist rebuke of France’s establishment.
Pension Reform at Heart of Protests
On March 28, I commented French Pension Reforms Trigger Strikes, Arson, and Riots. Prelude to the US?
TRUTH LIVES on at https://sgtreport.tv/
What Happened?
President Emmanuel Macron upped the retirement age from 62 to 64 and placed further restrictions on collecting a full pension.
He did this unilaterally, by decree.
Under the French constitution, the president can enact laws without a vote in Parliament if he can survive a vote of no confidence.
Macron barely survived a vote of no-confidence by just nine votes. 278 voted in favor, with 287 needed.
Protest in Paris
Paris, France 🇫🇷
Absolutely enormous protest against Macron and the French government in Paris today.
Liberté, égalité, fraternité. 🇫🇷#ReformeDesRetraites #greve13avril #manifestation #manif13avril #France #Paris #FranceProtestspic.twitter.com/wvJaskRq3Z
— James Melville (@JamesMelville) April 13, 2023
Protests in Toulouse
France 🇫🇷
Protests continue to take place across France against Macron’s pension reform (and many other issues). Just look at the scale of the protests in Toulouse.pic.twitter.com/4j368gEe0D
— James Melville (@JamesMelville) April 6, 2023
