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.comBannedBanned from community
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      3 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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        3 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.comBannedBanned from community
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          3 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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          3 months ago

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

    • Mubelotix@jlai.lu
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      3 months ago

      No you don’t. We have been getting the same government again and again, it’s just the prime minister changing. You think we have control but Macron will keep putting the same government body under a different head. This is precisely why Lecornu resigned, he wasn’t satisfied with whom Macron ordered him to chose. The people in the government were all old corrupt cunts that literaly nobody likes

    • limonfiesta@lemmy.world
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      3 months ago

      The government has been in various stages of collapse ever since the leftist won big and Macron allied with the right to prevent them from taking power.

      This is just yet one more item of fallout.