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Tag "Jean-Luc Baslé"

Australian submarines: an immature and potentially devastating move
September 23, 2021 Guest Analyses

Australian submarines: an immature and potentially devastating move

by Jean-Luc BASLE  for the Saker Blog In a September 20th interview with French newspaper Ouest France, France’s Foreign Minister Jean-Yves Le Drian explains that the Australian submarine contract was part of France’s Indo-Pacific strategy – a strategy which included India* and whose objective was to ensure stability in a region critically important to world peace and prosperity and, incidentally, where two million French people live. This tripartite de Gaulle-type

When Wall Street flies with Icarus’ wings
October 08, 2020 Guest Analyses

When Wall Street flies with Icarus’ wings

by Jean-Luc Baslé for The Saker Blog Wall Street is forever rising. The S&P500 index rose to 3,581 on September 2nd, 2020 – the highest level it has ever reached since its creation. This makes no sense. Wall Street is a reflection of the state of the economy which is in recession since February[1], the worst recession since 1929. How can share prices rise when the economy is falling? To

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