PARIS, Oct 6 (Reuters) - France’s new Prime Minister Sebastien Lecornu and his government resigned on Monday, hours after Lecornu announced his cabinet line-up, making it the shortest-lived administration in modern French history and deepening the country’s political crisis.

The unexpected resignation came after allies and foes alike threatened to topple the new government, with Lecornu saying that meant he could not do his job. The announcement drove stocks and the euro sharply lower.

  • redsand@lemmy.dbzer0.comBanned from community
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    2 months ago

    The US is self toppling. Give it a another year. Cooking the books doesn’t work when you’re leveraged beyond what you can cook.

    • Pistcow@lemmy.world
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      2 months ago

      How do you have multiple quarterly earnings at -40%+ and still go up!? The stock market is make belief and bullshit that my retirement is tied to it…

      • redsand@lemmy.dbzer0.comBanned from community
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        2 months ago

        Welcome to NASDAQ. Where everything is made up and the points don’t matter. That’s right folks, the points are like TSLA’s earnings, completely meaningless.

      • SaveTheTuaHawk@lemmy.ca
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        2 months ago

        The AI bubble is 4x subprime mortgage. I already have the title of the next movie: The Big Shart.