Life in France

Posts tagged "money"

How would someone go about moving to France?

I'm a citizen of France. Born in America, still in America. But have a dual citizenship. 18 years old and wanting to go to college in France

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Posted by Property - November 23, 2010 at 9:53 am

Categories: Living in France   Tags: , , , , , , , , , , ,

Who Really Rules Your World? – Part 2

One of the commentators on my post “Who Really Rules Your World?” bought this video to my attention – for which thanks goes to greenman.france.

Money as Debt

When we understand how money is created in the modern world we can then understand the main cause of many major problems: ever increasing taxation; pensions disappearing; inequitable distribution of wealth; inflation; national debt; currency crises and devaluations; recessions; depressions; and even the failure of government in a democracy to govern in the interest of its electors.

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Posted by Kevin Phoenix - February 12, 2009 at 10:39 am

Categories: Financial   Tags: , , , , , , , , , , , , , , , , , , ,

French Bank Crisis

French Bank Crisis

French bank Societe Generale has seen net profits crash by 84% for the third quarter, hit by the credit crisis.

Net profits in the 3 months to the end of September fell to €183m  ($235m; £145m) from €1.12bn  in the same period last year.

The bank has been hit hard by the chaos in the finance sector with the collapse of Lehman Brothers alone prompting a €447m write down.

Despite the results the bank said it was positioned to deal with the downturn.

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Posted by Kevin Phoenix - November 4, 2008 at 12:29 pm

Categories: Financial   Tags: , , , , , , , , , , , , , ,

French Financial Rescue Plan

The French plan to rescue the financial industry do not disrupt competition, says EU Competition Commissioner Neelie Kroes .

The European Commission on Thursday cleared French and Dutch plans to preserve their lenders from the global credit squeeze.

Both were judged to be in line with EU rules on community aid and with guidelines reported by the European Union’s executive arm on 13 October.

These say that any rescue package should be limited in time and range and must not discriminate against foreign-based banks operating in that country.

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Posted by Kevin Phoenix - October 31, 2008 at 10:45 am

Categories: Financial   Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,