Thursday, July 20, 2017

CoS France.

This is coolbert:

From the BBC as reported the head of the French military has resigned!

"French military head de Villiers quits over cuts"

"The head of the French armed forces has quit after a clash with President Emmanuel Macron over budget cuts."

Key points with my comments:

" Gen de Villiers, 60, was infuriated by an €850m ($975m; £752m) cut in the military spending budget for 2017. Most was to come from cuts to equipment.

Euros, dollar, pounds! That figure of 850 Euros equal about to about ten of the most advanced French Rafale warplanes and no more.

* "President Macron wants to get the overall French budget deficit below a European Union cap of 3% of national income for 2017."

Only Norway and Australia of all the nations of the world having a budget surplus. All other countries strapped for cash, in debt, unable to pay their bills! France too! The European welfare state hard to sustain.

* "Furthermore, he [Macron] has pledged to lift the defence budget from 1.77% of GDP to Nato's target of 2% by 2025."

That 2 % goal as was agreed upon by all constituent members of NATO the French contribution cannot be made until 2025? If then? No wonder Donald is so mad at NATO!

coolbert.


1 comment:

  1. Coolbert

    Australia has not had a surplus since the Global Financial Crisis.

    Mark Moncrieff
    Upon Hope Blog - A Traditional Conservative Future

    ReplyDelete