Escobar: Hollande wants to end dollar era, will clash with US

Francois Hollande has defeated Nicolas Sarkozy in the French presidential runoff, making him the latest EU leader to be swept aside by the crippling debt crisis. Among the first steps the President-elect is planning, is to push back against German-led austerity measures. Chancellor Angela Merkel has already invited Hollande to Berlin for talks.

Asia Times roving correspondent, Pepe Escobar, says clashes over Hollande's foreign policy are expected both in Europe and overseas.

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[jczg08alt]

With France's support for the end of the dollar hegemony, things will start to snowball out of control for the Americanos, with smaller nations following the lead of the BRICs and major elements of the EU -- if not all of the EU itself. Who knows, maybe the Brits will get on board too if they ever get sick of being America's towel boy. People starting to get a clue that nothing good will ever come from being buddies with the neighborhood serial killer, criminal nation.

[TheHomoludens]

You may dislike Chavez, but calling him a dictaor is BS!

Guess you´d prefer dictators like the ones backed by Friedman and his Chicago boys, right?

[aviomaster]

THE Biggest threat to USA empire is New Worlds Financial System Says University professor of economics Zagreb Croatia.

[prof1066]

France is the biggest reason for the eurozone disaster, its corrupt political elite forging the eurozone to meet its own political ambitions and desperation to be seen as a power in the world. Making millions of people in europe poor in the process.

[ikickasteroids]

I love Social Democracy because of countries like Norway and Iceland.

[ikickasteroids]

Actually Sweden's Prime Minister is from the Moderate Party, which is centre-right, and in actuality, Iceland and Norway have the highest standard of living and they both have a President and a Prime Minister, respectively, who are both Socialist/Social Democratic. So, you are mostly right there.

[Fili Dei]

"All nations to approve the abort and the same sex marriages will know the rigor of divine justice! My Father rejects this practices that are going against life and moral. I tell you, that the blood of my innocent children will judge you and will fall upon you. All practices against nature will be harshly punished by divine justice. All governors to approve detestable practices will suffer the weight of the curse, but not only upon them if not also in their offspring".

Jesus to Pastor Enoc

[Troy Akins]

ha ha ha ther pussies

[LiciaPhay]

I like French. They have guts!

[ArantirSH]

The US hates Chavez because he kicked the oil companies out and stole a trillion dollars from them by doing that.

Under Chavez the malnourishment among children in the country have decreased from around 10% to below 5%.

Chavez cut back on all the presidential expenditures such as jets, cars, accomodation and salary. The Army is organized to aid in times of natural disasters and to reach out to the poorest parts of the country to give aid (donating clothes & medicine etc).

[mphello]

Excellent response! Keep them coming! :)