France election: interest rate spread between French and German bonds closes again

The markets, or what the European Central Bank has left of them, are breathing a sigh of relief: France has happily elected communists to government. This is now also being rewarded by the bond market, which immediately started buying French government bonds after the result, as all fiscal problems will certainly be solved in no time once the Communists enter government.

As we have learned from the past, it is above all centrally planned government spending that allows an economy to grow innovatively and dynamically. The eurozone is on the right track towards green socialism, intelligent capital should now quickly orient itself towards market ecpnomies like the United States as a port that may be navigable again in November.

PS: Of course, we know that it is the ECB, which is approving the election result on behalf of Brussels and is now buying French government bonds in order to stabilize the bond market again. Keep up the good work!