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Britain, France and Egypt

 The voters realize now that the Conservative Praty desire to return to 19th-century dominance has driven its hatred of the EU.  The voters realize now that departure from the EU has accelerated Britain's decline and may soon make it irrelevant.  At best it will have to kiss American arses to maintain its standing.  For this, the conservatives were punished.  The decline of Britain was inevitable, competition from Frankfurt and Germany in Finance was bound to grow.  The core of Europe (aka Germany) is aging quickly

Macron seems to be winning his bet, the left alliance that won the legislative elections will not remain united for long, since they disagree on about everything.   The Far right though it was about to assume power is once again relegated to the back of the bus.   It may draw its own conclusions, but not all of these are good for France.  The far-right has won nearly 1/3rd of the electorate, that is not something to be ignored.  Yet, French politicians are masters of the ostrich strategy -- only time will tell, if the far-right electorate's valid grievances are addressed, or if the far-right decides to take its own course of action...

I am not a racist, Egypt's problems have nothing to do with race, and everything to do with a physically contained economy, that has grown highly dependent on foreign foodstuff (food and fertilizers) and capital (debt).   Egypt has no elegant exit here.   Its population far exceed what the land can sustain, Egypt has few natural resources to export, and a relatively mediocre education system so its future cannot be that of Vietnam either.    

In all three cases, there are no elegant solutions to a brighter future, neither Britain nor Egypt will do well over the next half-century.  France still has a chance to play a pivotal role in Europe's success, but it is the one European country that has the least integrated into Europe, as such its ability to do the right thing by Europe is almost impossible to imagine.  Interesting times


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