Barbecue, jets, private swimming pools and golf courses: a frivolous return to school

Posted on September 3, 2022




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According to the subsidized media, barbecue and diet are worthy of controversy. Sandrine Rousseau urges us to ” changing mentality so that eating a steak cooked on a barbecue is no longer a symbol of virility “.

It’s not that the barbecue can set fire to our countryside at the end of the summer period marked by drought. No: it is the meat diet which would be an attribute of virility and which would pollute. This Rousseauist proposal entices Julien Bayou (EELV) and Clémentine Autain (LFI). According to them, we should change our mentality, become asexual angels, or, failing that, feed ourselves on some non-GMO wild seeds.

Only the communist Fabien Roussel – new champion of good Gallic food – shows in this affair a strange residue of common sense: “ we eat meat according to what we have in the wallet, and not according to what we have in our panties or in our underwear “. He is right. Attendance at the butchery departments at the cut has fallen in supermarkets and supermarkets by 25% due to inflation, observes journalist Emmanuelle Ducros.

There are many other matters of importance that agitate the microcosm of those who live off other people’s money. Thereby, ” It’s time to ban private jets.” believes Julien Bayou who also criticizes the watering of golf courses and private swimming pools.

And now Emmanuel Macron is also going there with his injection of moraline by prophesying ” the end of abundance, the end of recklessness, the end of evidence “.

Waiting for the end of the beans…

The evidence is that government and elected officials make a lot of noise by discussing minor subjects and flaunt their lack of foresight on major subjects.

Inflation is not transitory and it sets in. It was predictable, as was the boomerang return of the sanctions imposed on Russia.

The price of electricity on the wholesale market reached on the futures market (maturity 2023) 1,000 euros per MWh against 85 euros a year ago.

Steeped in the crazy “whatever it takes” policy, the government capped the rise at 4% thanks to its ” tariff shield whose cost is now around 40 to 50 billion euros. It’s a shield that’s going to cost us an arm.

The energy transition explodes in flight since the switch to all-electric becomes exorbitant, even admitting that production follows, which is not won at all.

The end of other people’s money and magic money

The problem with the socialism is that you end up one day having spent all theother people’s money said Margaret Thatcher in her time.

Obviously, it was a long time ago (1979) when the IMF had arrived at the bedside of the UK over-indebted and ruined by Labour.

In France, we have considered for half a century that resorting to public debt was more convenient than other people’s money, that of taxpayers. The last surplus budget dates from 1974.

This magic money – when you go into debt at negative or zero rates – makes it possible to painlessly finance all the nonsense and changes in mentality deemed essential by the elite. Including family planning communication campaigns (another subject of back-to-school controversy).

But now the tide is turning (and not in productive wind turbines).

Imagine that the borrowing rates of the French State are starting to take off frankly. We are at 2.2% over 10 years. International investors sell their sovereign bonds, which earn them 7% less than inflation. Would they change their mentality, too?

Consequences: financing and refinancing the successive errors begins to have a significant price when one “rolls” more than 2,500 billion euros in public debt, a substantial part of which is indexed to inflation.

Mr. Macron is right: it really is the end of carelessness and abundance on this side.

Forget barbecues, golf courses, private jets and swimming pools, pregnant men and other nonsense: we are on our way to a major monetary crisis as I explain in my latest book. And no need to count on those who have brought us to the foot of the wall of debt to save us.



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Barbecue, jets, private swimming pools and golf courses: a frivolous return to school


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