All right, Alexander, let's talk about the collapsing economies of France and of Germany.

A couple of days ago, we talked about the collapsing economy of the UK.

Well, we now have Germany in big trouble, and we now have France in big trouble.

The rumors are that the UK is possibly going to seek some sort of a bailout from the IMF.

I don't know how possible that is.

And the rumors are that France may do the same.

The German economy is in a bit of a different situation, but then we'll get to all of that.

So let's begin with France.

There's going to be a vote on the budget, I believe September.

I want to say September 9th or September 6th.

And the outlook is that Bayru, the Prime Minister of France, is not going to get the approval that he needs,

and that will trigger either snap elections, or perhaps Macron may opt to nominate a different

person for the role of Prime Minister. We'll see when the vote actually takes place. But it looks

like Bayru does not have the support of the Socialists or of the National Party. role of prime minister. We'll see when the vote actually takes place. But it looks like

Baidu does not have the support of the socialists or of the national rally. So anyway,

what are your thoughts with France? And then we'll transition to Germany. We'll talk about what's

going on Germany. We did a program about the situation in Britain, and we spoke about how

a bad the situation in Britain is. And it's as bad, though in a somewhat different way in France also.

Now, you said that there's rumors about France might also, having also perhaps to seek a bailout

and make an application to the IMF. We can't call them

rumors because they have been confirmed by no less a person than France's finance minister,

Eric Lombard. He actually said that if the budget isn't passed, and I believe the day is the 8th of September, if it isn't

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