Elections this year - how do you think they will change things?
by 
- Zootown
- Posts：244
- Shifu
Three major world powers (France, USA, China) are having 'elections' and possibly changing leadership this year.
France is first up, with Hollande, a pro-state, pro-civil servants (= pro-debt) slated to win, and Sarkozy probably going out.
USA - Romney's got little chance of beating Obama
China - Not much debate here either...
How do you think these elections and swaps in leadership change things? if at all? Will Obama take it easily? Will France sink with the rest of Europe?
Re: Elections this year - how do you think they will change things?
France: I can't say that I'm sad to see Sarkozy go. He's a wimp. If the Euro is to succeed Europe needs two things: an important Western European country to oppose Germany, and to be made capable of holding debt within itself as is the case in the US, the US, and Japan. Lets face it, austerity has only made the situation worse in Greece and would be ruinous if it were tried in say Holland or Italy.
The US: I think that Romney could be Obama, but it would take some kind of disaster. As you mentioned, it's probably the beginning of the end for the Euro, and it the Euro implodes completely between now and November it would only pay into Romney's hands.
China: C'mon man. This is an election in the same way that what they cell at KFC is a hamburger.