Brussels & Berlin Reject the Core of Macron’s Political Campaign

Emmanuel Macron has shown just how inexperienced he is when it comes to international trade. Both Berlin and Brussels have rejected Macron’s central platform in his election campaign that all government purchases should be made from exclusively European companies. They realize that while Le Pen cheered ‘France First’, Macron called that nationalist, he proposed European Nationalism. Germany needs open markets to retain its current account surplus. Without that, Germany fears its economic power will collapse. Macron’s proposals are rejected already behind the curtain. Hence, the French people will find he is their Obama – great expectations for change, but no leadership leads to the same old status quo.

This post was published at Armstrong Economics on May 12, 2017.