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Le Pen and Mélenchon, the parallel convergences of the opposing pro-Putin populisms sink France

The populist extremists of Le Pen and Mélenchon join hands in the vote of no confidence in the Barnier government that risks opening the doors to a very dangerous financial crisis in France. But will the socialists Hollande and Glucksmann wake up in time to avoid chaos?

Le Pen and Mélenchon, the parallel convergences of the opposing pro-Putin populisms sink France

It is not the first time that the far right has Marine Le Pen and the far left of Jean-Luc Mélenchon they meet and shake hands, but this time a leap into the dark looms that could cost the couple dearly French. The decision of the two people's leaders to vote together on the motion of no confidence in the government Barnier has caused the crisis of the Executive but above all it can throw France into chaos and open the doors to a financial crisis of the kind that overwhelmed Italy in 2011. The fragility of the Paris Stock Exchange and, even more, the widening of the spread between French government bonds and German Bunds, which has reached the levels of the 2012 euro crisis, speak clearly and leave no room for illusions. Le Pen, who is racing against time to avoid the ineligibility of the judiciary for her internal manipulations of European reimbursements, and Mélenchon do not care about the budget law, even if it is the pretext to trip up Barnier, and they do not care about the ungovernability of France and the risks of a financial crisis: they are only interested in bringing down the government to hit the President of the Republic Emmanuel Macron in an attempt to dethrone him before the 2027 presidential election to the delight of the Russian Tsar, Vladimir Putin who savours the taste of the fall of one of the last European bastions against his warmongering policies.

In such a dramatic situation it is too much to hope that the socialists of Hollande and Glucksmann wake up and clearly distance themselves from Mélenchon's suicidal policy, giving socialist reformism the centrality it deserves on the French political scene? There is no need to delude ourselves too much, but the next few days will tell us the truth.

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