It’s about time in France, to prepare for the upcoming double shock of the banking crisis and the crisis of public finances. It is coming. It will be there soon. And no one gives a serious thought about the scenario of the worst-case; as if it was sufficient, to avert it, not to think about it.
One of the few constants in political science, is that in any democracy, an outgoing majority has the greatest difficulty in getting re-elected when unemployment rate is decreasing. Unemployment will be the main enemy of Barak Obama in one year from now, as it will be in a few months, that of Nicolas Sarkozy.
The departure of Steve Jobs, resigning as Apple’s CEO, after a cancer recurrence diagnosed seven years ago, is an opportunity to reflect on the role of innovations in history.
It is not in financial matters alone that this presidency of France is characterized by great unrest, followed by a long period of inaction, continually justified by the supposed complexity of the situation, perfected at the end of mandate by the rediscovery of the initial problems and an avalanche of speeches on the urgency of doing something.
The architecture of monetary Europe is insufficient. This weakness may lead to a worsening of the economic and social crisis.
Should we talk about the rare places we’ve loved, at the risk of seing them invaded by a horde of tourists? This is to be case with some places that I had the privilege to cross: from the Band-e Amir lakes in Afghanistan to Easter Island, by way of the Bhutan’s valleys, Lao’s forests and some others.
Jacques Attali will speak from 10:30 to 12:00 about world governance.
Jacques Attali will speak from 6pm to 7:30pm.
