Marine Le Pen’s reckless game with the French economy

The power probably feels good. And it may help her win the presidency eventually. Even so, there is a catch to Marine Le Pen’s decision to bring down Michel Barnier’s government in France, potentially as soon as tomorrow afternoon. If the government goes, the eurozone ay well go down with it. The financial plans of Le Pen’s National Rally’s (NR) party are completely reckless. And even if the chaos that will follow the vote does help win the Élysée Palace for Le Pen, she will inherit a ruined economy – for which she will only have herself to blame. 

Barnier may have been able to negotiate his way through Brexit, but finding a French budget that everyone can agree to for next year has proved beyond even his skill set. His caretaker administration looks certain to fall tomorrow after Le Pen’s National Rally decided not to support his plans.