How France Plunged Into Political Uncertainty

French President Emmanuel Macron’s arguably reckless decision to call a legislative election after rival Marine Le Pen’s party made gains in European Union elections didn’t result in a far-right government. It did, however, lead to a messy hung parliament that could prove challenging for governing and financial markets. So why did Macron take the gamble and what happens now?
0:00 Introduction
00:57 Markets on edge
03:03 Macron’s unpopularity
04:01 Le Pen softens image
07:59 Election surprise
Read more from Bloomberg on the fallout from the French election here: www.bloomberg....
Get the Paris Edition newsletter to make sense of what's happening in the city and what's next for French business: www.bloomberg....
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[@JohnnyJohns-eb9qb]

In my understanding of world history, France has pretty much always been in political uncertainty.

[@janetprice85]

@@JohnnyJohns-eb9qb How many" republics this far?".

[@oOZdemOo]

@@janetprice85 5 and counting!

[@marksmarkijs3550]

And due to them France has literally made the Us and England, look at the langue you speak, it’s mostly french.

[@marksmarkijs3550]

Look at democracy or the principal of laïcité

[@apb1604]

@@marksmarkijs3550it’s mostly latin/romanic

[@marybusch6182]

Now if only Trudeau would do the same in Canada... I dont think he can face reality...

[@WalkiTalki]

I realy do think that some of these leaders are being paid by WEF or EU somehow. We won't know what motivation was so powerful to manipulate Trudeau until the next PM.

[@banshong3997]

As they say , what a tangled web we weave when first we practice to deceive 😂😂😂

[@Hutch_Davenport]

Bloomberg and their largest investors want Trump dead. They MUST be held accountable for treason.

[@samaraisnt]

who says that? reminds me of the “esoteric metaphors macron uses” lol

[@1112-g1x]

@@samaraisnt im intrigued by these metaphors of macron, culd u pls give me some examples ?

[@StephenSeabird]

@@samaraisnt You'll find it spoken at the opening of a Moody Blues album called, On The Threshold Of A Dream.

[@micmousebg]

'Left wing parties, ranging from moderates to communists. On the other side: far right.' I'm sniffing some bias here.

[@jmrson6655]

How far right? Nationalists? Fascists?

[@gandydancer9710]

@@jmrson6655 Why are you asking him instead of the script writer?

[@Coinpease]

How so? They seem focused on the credit issuing side of this more than anything else. That's not what a left winger would focus on, that's what a conservative would key on.

[@ChickenMcThiccken]

left wing parties that have muslims in it; are not a party i want to be a part of.

[@alanaadams7440]

Far right is Marxist speak for conservative

[@harbosonius]

" Communists officially seize power in France." - the actual headline

[@atari947]

No majority for any

[@seikocitizenwatches]

Sadly- it’s Super Communist

[@ChickenMcThiccken]

no . its more like ..."muslims cry "foul" in france". they're about to be sent back home. communism? in france? LOL.

[@roninkegawa1804]

Nothing new. The communists took power in France in 1981 and never let go since then.

[@Dularr]

​@@atari947communist parties have never been a majority anywhere

[@Anne_Onymous]

Diversity is their strength 😂

[@studio54studio]

and yours is TROLLING LOL

[@davidzambito6111]

Someone’s who’s screen name is f u is accusing others of trolling…okay…

[@ommsterlitz1805]

This is not fair, France first party is RN with 37% of total votes in the second and first round, Macron and leftist removed candidates in the second round making RN huge majority of 310 deputies to only 140 deputies so there is more than half of France RN voters that didn't were represented meaning 7 millions people that voted for change didn't got satisfaction.

[@janetprice85]

Immigration without assimilation.

[@Saucisse_Praxis]

Brain without crevasses

[@Zagirus]

Heck, legal immigration shouldn’t be a thing.

[@vulpesinculta6357]

@rbkeyz2328 You should let anyone into your house because living in a home is just radnom walls people put put to protect themselves.

[@ommsterlitz1805]

This is not fair, France first party is RN with 37% of total votes in the second and first round, Macron and leftist removed candidates in the second round making RN huge majority of 310 deputies to only 140 deputies so there is more than half of France RN voters that didn't were represented meaning 7 millions people that voted for change didn't got satisfaction.

[@MrTriple3D]

@rbkeyz2328 your money should be mine because money is just random paper from a tree with no value

[@abdelra7man87]

Less than ppl keep eggs in the kitchen 😂

[@santhoshsprings]

Oh! Hi❤

[@marianar6805]

Britain also called a snap election and lost to Labour

[@mphseason23]

Now if the Brits need to do what the French did, and give the British Royals the Pink Slip (Your no longer needed)...Think of that money going instead to the people of England !!....In my opinion

[@sledshed3488]

Brittain is a communist country these days

[@marilynwillett804]

THEIR KING is supposed to be the ''head'' of the church of England [which is corrupt anyway] however Charles has always stated he is not a follower of Jesus, despite all the crowns, robes and ceremonies. His mother was well aware that he belongs to a cult that worships nature.

[@francoislechanceux5818]

@@marianar6805 Britain lost to Labour? Tell me you are from russia or north Korea without saying so.

[@francoislechanceux5818]

@@marianar6805 Nothing to infer here. If the RN had won in France, you can't say France lost to the RN. In the last election in Italy, did Italy lose to Fratelli d'Italia; Giorgia Meloni's party?

[@bobjohnson3940]

Thing is the anti-immigration thing in Europe isn't an arbitrary outgrown of imperfect human souls it's a real response to a failed policy that was supposed to yield practical results and it's something Europe will have to deal with because people seem less willing to assimilate there. The US is more fortunate in that assimilation seems easier

[@Selvarin]

Assimilation is being made harder by the current administration throwing the border gates wide-open while saying, "What? No, we're protecting the border. Nothing going on here." They're trying to do to the US what's being done to EU countries. ~ Once in a while, politicians should actually listen to the voters and do their job.

[@tyiffpeijc8702]

assimilation seems easier in the US because the US isn't taking in substantial percentages of people from cultures that inherently hate "western" values, which is what seems to be happening in Europe

[@williamwells1862]

Stupidity reigns.

[@robertnunn3015]

Just like us in the US !

[@gandydancer9710]

And your empty contribution to this thread exemplifies it.

[@cliftonbowers6376]

​@@robertnunn3015u mean trump?

[@cliftonbowers6376]

Yes conservatives have dumb you down badly boy..😮

[@FortniteOG420]

@@cliftonbowers6376 Biden's VP you mean, he literally called Trump his VP instead of Kamala

[@hollywoodnoire]

The UK is also facing political uncertainty because of the ongoing drama with the UK Parliament and British Royal Family.

[@vch1935]

@@hollywoodnoire what uncertainty is that? We have a democratically elected government and a constitutional framework that has been in place for 800 years.

[@cliftonbowers6376]

The royals own the land ...you rent from them only...

[@vernitasafford2379]

What is going on with the British royal family? Other than health issues, I haven’t heard that anything else was going on with them. Harry and Megan stories are old…so what’s up with the Royals?!?

[@LeeZaslofsky]

No uncertainty at all. No drama at all. Starmer has had his first meeting with the King and they got along very well. Starmer has said he looks forward to his meetings with Charles, where he can speak frankly and get the benefit of the King's long experience.

[@LA90598]

UK has probably the most stable Government in Europe right now.... and more stable than the farce that's going on over in the US.

[@dustinalexander1829]

Every single district in France, aside from Paris voted. Red. I don't think france has ever been less sure of anything.

[@LeeZaslofsky]

The French are sure they don't want a fascist government led by Le Pen and Bardella. That is very clear from the results of the election.

[@williamwells1862]

Genius at work.

[@jayfreechavez0000]

France 😢

[@ansc6472]

The Islamic republic of France

[@NZ-ms3vc]

French colonial countries returning home to mother France to enjoy wealth of stolen natural minerals, oil, gas, gold of their countries

[@Mouchos]

It's called the Frankistan

[@yahia9481]

​@@NZ-ms3vc 😂😂" justifying imperialism through victimhood "?

[@thestonemaster81]

Debt is a big black hole. All these bonds are worth nothing. You cant just keep borrowing and think everything is fine.

[@iche9373]

Don't confuse the state's debt with the debt of a private person. In constrast to a mortal person, a immortal state can heavily take billions of debts in a constructive way to build up the country.

[@thestonemaster81]

@@iche9373 until they can’t make their payments

[@SJRQuantumGaming]

@@iche9373Thank you! Someone with some sense.

[@sifins1579]

@@iche9373there still is a limit, people won’t just keep lending a state money indefinitely, and a debt dependent state that can’t take out anymore more money is going to suffer terribly

[@iche9373]

@@sifins1579 Sure, there is a limit when the state doesn’t have the currency monopoly. But states like the US or China have their own currency, therefore they can print paper money to pay every bill as long as it’s applied in their own currency. In a financial way, you can assume that these states have no limits. And that’s why it’s so important that the EU should have a common EU finance ministry.

[@Demetri450]

Sometimes you have to give people a wake up call to get them to pay attention

[@countryboy9695]

Political uncertainty is Frances political identity - Marie antoniote.

[@kdolo1887]

The title should read, "How Macron Plunged France Into Political Uncertainty"

[@diegoyuiop]

You can't say Macron lacks political courage

[@dennisatkins9666]

Plunged by the rules of Greed

[@lesleeheather1872]

Same as usa

[@13699111]

%100

[@lv1543]

Justin treudrau clones are being propped up everywhere

[@urbanstrencan]

This is going to be big change not only for France but for EU too

[@IraMurphy-kq6nn]

Le Pen should be in charge

[@thelinkofperfectioncharity9469]

You are well informed

[@travisfubu9053]

The french didnt care about your opinion and voted jean luc instead of her LOL

[@thelinkofperfectioncharity9469]

@@travisfubu9053 It's a matter of time

[@IraMurphy-kq6nn]

@@thelinkofperfectioncharity9469 it may already be too late

[@anthonyjames7532]

"Former ROTHSCHILD banker". What a surprise?!

[@NowAndToEternity]

I am confused of how the French election works. Can someone please explain? Because the RN party has more than 4 million votes compare to NFP. Yet the RN came in third and NFP first. 4 million votes are 6% of the France population and almost 10% of the people that actually voted in this election (the turnout rate). In US history, there were only 5 times candidates won popular votes but lost electoral votes and the biggest difference was 2.8 millions votes (2016) which was less than 1% of the US population. If this is how democracy works in France, then there maybe some fundamentally wrong with the system. And how is nobody is explaining or talking about this?

[@aidanclarke6106]

For this election, France is divided into 577 areas (named circonscriptions), each of which elects one representative. The main factor is that the National Rally had a huge number of candidates (386) compared to other parties (presidential party 218 and the New Popular Front 281) so they got a large number of individual votes but they actually did not win in a lot of circonscriptions.

[@roninkegawa1804]

It is all rigged. The right got 48% of the votes and finished 3rd. The left with 28% finished 1st. Because the vote does not count in the end. The political parties behind closed doors decide who wins. This is the french version of democracy. Then they want to give Russians a lesson in freedom.

[@LA-kc7ev]

Or the British. How can the left get something like 34% of the vote and then 65% of the seats in Parliament?

[@vinnythejinny]

There are 2 rounds of elections. In the first round Le Pen's party won the popular vote but its not the final vote. if In the first round, if the winning candidates secures more than 50% of vote, he is declare a winner but if its lower than 50%, then it goes to second round, where the top 2-3 candidates (depending on vote share) go against each other. Now since there were other parties in the first round, those votes either go to left or right wing parties. In second round, Left parties all came together and dropped their candidates in a "triagular" fights, ensuring left party vote consolidation to defeat the right wing party.

[@ChickenMcThiccken]

elections in france mean nothing ; really. the people allow the leaders to keep their jobs. france can immediately go into "riot mode" if they need to .

[@tonimilstead5089]

Voting for people on looks. That's really intelligent 🙄

[@cam7minus1]

I'm kinda shocked that they didn't bring up the controversy with the communists working with the left by strategically pulling their candidates to give them majority support over the right-wing branch. I am honestly surprised something like that is even allowed.

[@texaspapa9445]

Biden 2.0

[@killinusoftly7744]

Tolerance will only bring you misery and betrayal

[@AndreiAntel]

you will never know the touch of a woman 😁

[@EnsarTuna-tc3rn]

Thanks a lot from Japan! 🇯🇵

[@dhockedy1273]

at the end of the day....Does anyone even like France?

[@vch1935]

Yes.

[@terry4137]

Nope!

[@TheSuperPsychoKiller]

I like the movie Ratatouille.

[@roninkegawa1804]

Nope. I am french and can not stand my old country. I left 32 years ago, and I do not even want to go back visit on vacation.

[@starmaker75]

Not even the French love France

[@anthonyanderson9326]

They are not extremists...they just love their country and dont want crime from invaders..is that unreasonable?

[@ClockworkGearhead]

The problem is the people voting for it aren't dealing with it. Passing the buck is the liberal way.

[@melissahouse3488]

Precisely!

[@TvS92]

*Europe's 3rd largest economy

[@Adrenaline_chaser]

What's the second largest then? Russia?

[@kerim.s8801]

@@Adrenaline_chaser UK?

[@Adrenaline_chaser]

@@kerim.s8801 oh...wow. How? Something fishy going on here...

[@Henry-xu5jg]

@@Adrenaline_chaserhow is that fishy. Get a grip

[@cliftonbowers6376]

​@@Adrenaline_chaserCalifornia...anyone knows that

[@nickfromm5315]

France's GDP is only 3T........ is it really Europe's second largest economy? oof..

[@Stephen-we6do]

No mention of the Yellow Vest Protest? That's convenient...

[@anthonyanderson9326]

Bro 5:25

[@MichaelDamianPHD]

Le Pen all the way

[@mpf_agundipsht3619]

imagine democracy being fair, and the losers accepting defeat

[@ommsterlitz1805]

This is not fair, France first party is RN with 37% of total votes in the second and first round, Macron and leftist removed candidates in the second round making RN huge majority of 310 deputies to only 140 deputies so there is more than half of France RN voters that didn't were represented meaning 7 millions people that voted for change didn't got satisfaction.

[@mpf_agundipsht3619]

@@ommsterlitz1805 democracy in a nutshell. its only fair as long as your side gets voted for right. How dare the system change

[@chrisa5631]

Macron is a globalist and treats France as a transaction to be bartered with. He doesn’t believe French culture exist either.

[@benimarusasaka9127]

@@ommsterlitz1805 You don't know what you're talkng about, RN came in third place so stop it. Only way RN got so famous is because of Macron and his politics of giving our money to rich people and we pay more taxes. RN aren't any better. Literal nazis in their ranks so stop it.

[@mr_boo.]

⁠​⁠@@mpf_agundipsht3619"only fair as long as your side gets voted for" that's precisely the problem, RN got 10 million votes and are the third party in terms of seats whereas the NFP is first in terms of seats while having gotten 7 million votes

[@user-pt2qv2zq2r]

Eyes on France not America wrong

[@YooperICE]

Probably got campaign and political advice from the current US administration.

[@henrysmith1464]

what is the problem? elite politics running to its demise?

[@user-xy9ip4my3k]

The problem of europe Is trying to combine Socialism and capitalism Too much regulation Especially environmental

[@brucek66]

Losers Gonna Lose

[@miamiman196]

With help from their enemies.

[@jabloko992]

France is Francing again

[@cristianfamigliuolo]

Another Italian politician also played a similar ego game (Renzi) but he thought he was powerful instead and ended up. The world of finance is always ready to decide where to earn money between a few crazy people and many fearful ones.

[@MrJacobrabbit]

Left.will get it together even have drag Macron party kicking and screaming

[@xusmico187]

Guy thought he had it made but

[@LA90598]

00:49 Europe's 2nd biggest economy is the UK. France is the EUs 2nd biggest economy.

[@angeldust4224]

The whole problem is the Ukraine war and the uncontrolled immigration

[@kevoreilly6557]

1936 all over again and no doubt France will eventually capitulate to the right

[@ClockworkGearhead]

@@kevoreilly6557 I reluctant to say this, but it's really putting a lost of history into a new context.

[@GrimmaStadguard]

@@kevoreilly6557 Also imagine those conservative schills that claim "the Communists will destroy French democracy"...Bruh, the only party that tried to destroy democracy and suceeded in it multiple times were right winged...Communists on the other hand have shown willingness to work with the democratic system and even fight for it...very simmilar situation to Spain.

[@tommarch.4493]

at least if you show JM Le Pen, show passages where he say that the gas chamber in Germany didn't exist

[@Aequalis-r6h]

Would have been badass if he got the number of their son and set him up with a job. 4:59

[@yousoufkirkwood6289]

Unlike everywhere else?

[@rcchin7897]

France: Ungovernmable. Terrible! USA: Gridlock. Woohoo!

[@phoenix5054]

Oh wow! French bonds are at 7.5% pa now?

[@drachenmarke]

What a biased review.

[@oliviao2238]

Sometimes, the truth hurts

[@CentauriSphere]

If you think this is biased you have some serious issues

[@Akiraspin]

@@CentauriSphere "On one side moderates and even communists, on the other, the far right." This is literally textbook definition of bias rofl.

[@themightymcb7310]

​@@Akiraspinthat's literally what it is though? The Popular Front is a broadly left leaning coalition that basically only exists to combat the rise of the far right. I'm not sure what else you would call Le Pen and her party besides far right, they're a textbook fascist party.

[@kedaiboencit7351]

The west sought the world about democracy. But never let countries of the world elect their leaders. Because they know they will lose.. 😂😂

[@batman-robin-soundtrack]

*This is what happens when you overthrow the king*

[@GreenPartyofMalaysia]

Isn’t France the third largest after the UK and Germany? Gow come second?

[@brianonyango1687]

was it necessary to compare lizz trust to eggs

[@james-pierre7634]

The US should call a snap election!

[@michaelwellen2866]

Hmm, it looks like the center shouldn't have tossed the election to the Left.

[@CaptainSpaceCrackers]

So anti-immigrant undercover racists are ok, as long as they're capitalists ? 😐

[@MerryRedRose-ez6ih]

It's because The name Macron is the same as my younger brother brother Bernaridho.

[@Demetri450]

This is bloomberg

[@TheCOOLEYDOG]

American, "Bring back the Monarchy"

[@redschannel6527]

ayo why they using smash bros documentary music in the background?

[@philhiller-mn1gw]

Viva Le Pen

[@studio54studio]

is

[@SakilSardar-cg6ob]

🤡

[@gregstreuber]

All of the American's who died in France in WW1 and WW2, died in vain. Patton said it best about the French. "I would rather have a German Division in front of me than a French Division behind me.

[@FF-ct5dr]

Sure, then all the Frenchmen who died at the siege of Yorktown and at sea under DeGrasse died in vain.

[@Kamfrenchie]

Patton never said these words, he liked the French

[@benjobenjo407]

With friends like you, who need enemies ?

[@NoName......]

We won that war how is that "dying in vain"

[@JoAvg-ws7qx]

France is a joke no??

[@Pidea14]

You've probably never been

[@interestsavvy6813]

All due to Mbappe leaving for Real Madrid

[@karanaima]

Pas vraiment

[@HHH-ye1ro]

The French people needed to wake up to reality. People are living longer than ever. Raising the retirement age 2 years is noting ti riot about. It’s egotistical and childish.

[@kevinwilson9317]

What's egotistical and childish is generating wealth through anti-people and anti-environmental businesses and then hoarding it to buy investment properties and midlife crisis mobiles. The people are sick of the greed and self-interest of the investor class, and you better hope AI security services develop quicker than popular outrage.

[@makumaru]

No such thing as far-right

[@soleikam6662]

he is an irresponsible 4th grader

[@oO-_-_-_-Oo]

Macron has a wife/husband yo!

[@Shootskas]

What was Macron's reasoning for calling a snap election?

[@agdala1591]

the fact he was losing basicly

[@josephclark7927]

They cheated again !

[@mcboat3467]

They who? The capitalists? Yes they always steal.

[@Abraham-uk4xy]

Agreed. When the polls predicted a far right win how come the far left won?

[@dhockedy1273]

just like in ireland they are all cheaters

[@user-jk1rg1lv1n]

✋️🙏درودبرشما مردم شریف فرانس رای شما مهم است ولی برای آقای معماری آقای مکرون برای‌ بهترین بوده باتشکر وازش سپاسگزارم رای من آقای مکرون

[@adityachaurasia0109]

0:49 Second largest economy of Europe? Aren't Germany and UK bigger economy than France?

[@magala9287]

Let me narrow it down to one word: GREED.

[@mansooraslam6281]

Ania nassbum looking amazing 😍

[@soundofprice]

Warmongers are crying

[@vivalaleta]

Better an uncertain future than a sure Fascism future.

[@Caydiem]

"Fascism=a safe country that isn't slowly turning into the third world" according to OP.

[@vivalaleta]

@@Caydiem Which shows what a liar it is.

[@Historia.Magistra.Vitae.]

People have no clue what Fascism means nor what it represented... they do not even understand that Fascism was a socialist far-left ideology.

[@hellenicculture8169]

μπλουμπεργκ οριτζιναλ

[@muhammadhanif4113]

So US hate macron and want to get rid of him😂😂. No wonder france lobying global south countries.

[@TechpreneurStartupInfo]

Seems normal?

[@rjmorgan2098]

Is all because of Ukraine

[@MHam-lm2kx]

Europes 3rd buggest 1st germ 2 uk

[@user-no4ij8lx6w]

💭 حلم 💭 حلم 💭 حلم 💭 حلم 💭 حلم 💭 حلم 💭

[@lulenao3987]

What a legacy!

[@jamesremey2017]

let the animals have France who needs France anyways

[@JohnGuyu]

🎼 The Craft And Its Symbols !’’

[@kaushalskaloo]

The pointless obession with bond spreads

[@uykarl]

Macron est mauvaise nouvelle pour france.

[@babangteo2853]

L'extrêmistes gauches ont plus mauvaises.

[@mistervacation23]

Biden n'est « pas apte à servir » et demande : « Qui va diriger le pays au cours des cinq prochains mois ?

[@rushoneprecyone9958]

The left won big cause of the example of rhe Mexican President AMLO and MORENA party ... The 4th Transfirmation, of Mexico is an example for the world

[@annm.7176]

Sooner or later the people get fed up with the liberals

[@kevoreilly6557]

Yes they’re called wars

[@GrimmaStadguard]

Funny, because historically, it were the conservatives that the people eventually got fed up with...every single time. Sometimes it took longer, sometimes it did not.

[@mireederrick1977]

Get him out of power!

[@casparcoaster1936]

Its all about cake (ask Marie)(NOT Marine)

[@codylim1]

8:17