Re: France's chief saleswoman takes on the skeptics

Jeffrey Beaver wrote:
Euro <euro82@xxxxxxxxxx> wrote:


Jeffrey Beaver wrote:


Euro <euro82@xxxxxxxxxx> wrote:



Jeffrey Beaver wrote:


Euro <euro82@xxxxxxxxxx> wrote:




Jeffrey Beaver wrote:




Euro <euro82@xxxxxxxxxx> wrote:





A stone right in the garden of those who spend their time ranting about with their bias on "socialism" (oh dear!) and the 35-hour policy.

Euro


Oh?

"France raised concern about the strength of a long-awaited recovery
in the euro zone when it said on Friday that its GDP rose just 0.2 per
cent in the fourth quarter"
http://www.stuff.co.nz/stuff/0,2106,3572176a6026,00.html

"LONDON, February 11 (newratings.com) – Analyst Vincent Van Esch of
ING Financial Markets estimates France's GDP growth for 2006 at 1.8%"
http://www.newratings.com/analyst_news/article_1204035.html

French GDP growth is less than half that of the United States and
French unemployment is double the US. If that is "Good", what would be
"Bad"?

Jeff

All this is easily understandable. The US creates precarious employment, which France doesn't - in large part due to its welfare policy. Now, creating thousands of jobs of waiters in restaurants or pizza delivery boys may help reduce unemployment and have an effect on economic growth, but it doesn't make a society more productive or attractive.

"Did you know that?" she asked, and then produced her most prized factoid: France was the No. 1 recipient of foreign direct investment in Europe from 2002 through 2004, attracting an average of E40 billion a year, a sum beaten only by the United States and China, according to the EU's statistics office. "

http://www.iht.com/articles/2006/02/10/business/wbspot11.php

Frankly, do you think that private companies would invest so much in a country if it were in such an obvious economic decline?

Euro

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Sorry Euro, but France will have to produce results --

Third investment recipient in the world. That's a good result - enough to tear your biased theories and flat certitudes into pieces.

Euro


Ridiculous. There are no published statistics for 2005, only 2004, and
the vague generalizations you quote are from the French equivalent of
the US Chamber of Commerce.

First, we are in February 2006, and the statistics for 2005 are therefore not known yet. Second, the source is not the French equivalent of the US Chamber of Commerce. The messenger is. Which is not quite the same, but you've already been more than approximative in many things you wrote, so this new mistake is no real surprise from you.

Euro


Approximative??

Yes, Jeff. Approxiumative, like most of what you post.

Let's talk specifics.

#1 Your impartial source for all this good economic news -- Clara
Gaymard, president of the Invest in France Agency. Read your own
article.

"When she trumpeted France as an investment paradise during a dinner debate on the future of Europe, a number of executives could be seen grumbling and shaking their heads. Gaymard, 46, left the dinner before
anyone could challenge her."

She's not the source. She's the messenger. I trust that her sources come from international organizations and stats published by various countries. Which is quite a difference.

#2 France: December 2005 unemployment 9.5%
http://www.shanghaidaily.com/art/2006/02/18/242754/New_hires_increase_French_payrolls.htm

LOL! Speaking of sources, did you find nothing else than a Chinese newspaper? Seccond, what's your point? I tell you investment, and you return unemployment. Since then has unemployment proved anything in terms of the health of an economy? Japan was, during the 1990s, in economic crisis wuith less than 5% unemployment. What does it prove then?

#3 France: 4th Qtr 2005 GDP growth 0.2%
http://www.euractiv.com/Article?tcmuri=tcm:29-152544-16&type=News

Short term statistic. Nothing proved here, unless you put it in perspective. Once again, approximative judgment based on a short-sighted view.

Euro, France is a victim of left wing politics --

LOL!!! You're so dogmatic that you don't even realize how funny you sound.

Euro

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Relevant Pages

  • Re: Frances chief saleswoman takes on the skeptics
    ... "France raised concern about the strength of a long-awaited recovery ... French unemployment is double the US. ... "When she trumpeted France as an investment paradise during a dinner ... It is the sign of an economy that is open and that attracts foreign companies - quite different from the description I too often read from people like you, attempting to describe France as a socialist economy going right to bankruptcy and hindered by 35-hour week. ...
    (soc.retirement)
  • Re: Frances chief saleswoman takes on the skeptics
    ... "France raised concern about the strength of a long-awaited recovery ... French unemployment is double the US. ... EU's statistics office. ... problem in the economy. ...
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  • Re: Frances chief saleswoman takes on the skeptics
    ... but the core is that France still ... the main recipient countries of foreign direct investment. ... according to the EU's statistics office"). ... that a strong country economically would have greater outflows of FDI ...
    (soc.retirement)
  • Re: per capita GDP numbers : bogus?
    ... > France's economy is very sluggish to say the least. ... > Unemployment in France is also much worse, running currently at 10.2%, ... their unemployment numbers ...
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  • Re: Frances chief saleswoman takes on the skeptics
    ... I say that it doesn't invalidate her point, being that France is one of the main recipient countries of foreign direct investment. ... according to the EU's statistics office"). ... that a strong country economically would have greater outflows of FDI ...
    (soc.retirement)