El American Newsroom Español
24 August 22
“I think we are witnessing a great upheaval, a radical change. Basically, what we are experiencing is the end of abundance, of liquidity without cost,” said Macron, breaking with his conventional optimism and the slogan of “whatever it takes” that he had raised during the pandemic, when the State came to the rescue of entrepreneurs and citizens at the cost of public spending.
For Macron, the scarcity of certain raw materials or water is on the table and measures will have to be taken.
“It is also the end of evidences. Democracy, human rights. If anyone thought it was the fate of the international order, the last few years have blown up some evidence,” he said in reference to the rise of authoritarian regimes.
The French leader considered that the war in Ukraine has brought to Europe “the end of carelessness”.
After the pandemic and the war in Ukraine, with the shadow of inflation hanging over the global economy and the risk of recession in Europe.