Revolting France threatens Europe with Irrelevancy.

<p><u><strong>Blain’s Morning Porridge – October 14th, 2026</strong></u></p><p><em>“All the world’s a stage – and the French like to think they are at the centre of it.”</em></p><p><em><strong>French political instability and it’s looming fiscal crisis will distract and delay the European project of a shift towards “strategic unity” in the face of a) the immediate security threats from Russia, and b) the long-term geopolitical shift towards China at the end of the Transatlantic American age. How Europe responds to the growing French threat could determine its economic outlook for decades.</strong></em></p><p><strong>Key takeaways:</strong></p><ul><li>Europe must address its future and shift as the USA is exposed as an unreliable partner. It has to swiftly establish “collective independence” across defence, energy, trade and supply chains.</li><li>The ECB and EU will face substantial problems dealing with the likely French bond crisis – constrained by the French Government’s inability to agree on credible, deliverable fiscal measures, and the limited scale of stability mechanisms to address bond contagion.</li><li>The French crisis shows how limited the concept of European unity is – debates over conditions and burden sharing will dominate in coming months, rather than facing up to strategic imperatives.</li><li>The risk that Europe lapses into future economic irrelevancy is rising. The threat posed by European right-wing populist political parties, (often with obscure funding that might be Moscow-tainted), and their Anti-EU rhetoric highlights the risks Europe will fracture rather than become a stronger economic polity.</li><li>The response of EU institutions to the rising crisis will be critical if Europe is to move forward.</li></ul><p><br></p><p>I’ll probably pop into one of my favourite London Bookshops (Daunts or Foyles) later this morning to pick up a copy of <em><strong>Unreliable Boyfriend</strong></em> – the new book by Canada’s former deputy president, Chrystia Freeland, about coping with the new USA. I am hoping it will give me some insights on how Europe might evolve to meet the end of the Transatlantic Era, and face up to the challenges of a new Global Order where the newly emerged nations of Asia, Africa and South America won’t be minded paying much attention to the decaying Old World of Yoorp…</p><p><em><strong>Continued/ </strong></em>go to <a href="http://www.morningporridge.com/"><u>www.morningporridge.com</u></a> for access to the full s