This is a CBS eye on the world. Here's John Bachelor.

I welcome Joseph Sternberg, member of the editorial board of the Wall State Journal.

He's in London.

He writes political economics and he turned his attention to French President

Emmanuel Macron in his second term, making another speech, and this

speech had merit to it to read the quote that Joe provides.

We are over-regulating and under investing, he told an audience in Berlin

about the European Union. In the two or three years to come, if we follow our classical agenda, we will be out of the market. He went on to say

the EU could die. Joe a very good day to you I've read your column and now I see the pattern here. I didn't initially

and for years I've been listening to McCrone make alarming remarks.

Who listens to this

and what's he doing Joe good evening to you.

Hey John good question both of those actually both the issue of who's listening to it and what is

McCrome trying to accomplish here because I mean if you just look at what he was saying at

this appearance in Berlin it sounds you know fantastic especially for those of us

of a more free market disposition you would think, yes, finally a European leader

understands what their problem is. They need to unshackle their

entrepreneurs, deregulate the economy, cut taxes, stir, you know,

more private enterprise and entrepreneurship and innovation and

investment, and they can have a booming economy.

And the problem is that that does not seem to be what

Emmanuel Macron has in mind if you look at his actual track record, because part of that track record is actually giving

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