The Limited Times

Now you can see non-English news...

“Growth: the infernal gear”

2022-04-29T19:12:01.505Z


By Gaëtan de Capèle, deputy editor of Le Figaro. For several months, we had taken to dreaming. With the health crisis absorbed to the point of indigestion by the welfare state, business seemed to be moving forward as no one had dared to imagine. The rapid resumption of activity after months of pandemic, the regained health of companies, the continuous fall in unemployment had even almost plunged us - it takes little for us - in a climate of mild


For several months, we had taken to dreaming.

With the health crisis absorbed to the point of indigestion by the welfare state, business seemed to be moving forward as no one had dared to imagine.

The rapid resumption of activity after months of pandemic, the regained health of companies, the continuous fall in unemployment had even almost plunged us - it takes little for us - in a climate of mild euphoria.

Doom!

Zero growth in the first months of the year points to a much harder landing than expected.

The government, for once, can't do anything about it: Ukraine, Covid, China, soaring energy and raw material prices... an incredible accumulation of calamities is overwhelming the planet without distinction.

Times are going to be rough for everyone.

To discover

  • YOUR COMMUNE - The results of the second round of the presidential election in your area

In our country, to the great political fog that has prevailed since the presidential election, is now added economic uncertainty.

Because this change of scenery installs…

This article is for subscribers only.

You have 51% left to discover.

Freedom is also to go to the end of a debate.

Keep reading your article for 1€ the first month

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All news articles on 2022-04-29

You may like

News/Politics 2024-04-15T14:33:17.280Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.