Wednesday, March 7, 2012

Nationalism rising in the EZ?


Read it at Raw Story
Sarkozy says ‘we have too many foreigners’ in France
by Agence France-Presse

Sarkozy, in trouble at the polls, goes for the nationalist vote as Marine Le Pen's rising poll numbers show growing right-wing anti-immigrant influence.

Not a good sign for European stability.

1 comment:

Leverage said...

I'm Spanish, the population grew from 41 millions to almost 48 is less than a decade and it was driven mostly by immigration (from North Africa and South America). At the late 90's, early 20's job market was starting to get stabilized along the lines of other countries and the production capacity of the economy was good enough to sustain it, now we have an excess of 5 million people which were working at something related to construction (or demand created by the credit boom to finance real estate bubble) which the economy is unable to support.

But here is the thing: the same stupid politicians which where promoting the idea of open immigration policies then are now saying this. They promoted this because this created a big demand for real estate and for credit, and was booming for economic activity and the pockets of the oligarchies (regional and national, represented by people in "cajas" and banks board and in big real estate companies).

For Germany and France there is a 'similar' story: these policies were good both for capital and economic activity, but now there is a big problem (and it has been detrimental for sometimes specially in places like France with excess immigration). The UK is a bomb about to explode...

This will only get worse with austerity and increasing poverty.