January 29th, 2014

Hollibandism Sees Foreign Direct Investment Fall 77%

Hollibandism

The economic numbers coming out of France are horrific, the Wall Street Journal is reporting that new investments by foreign businesses in France fell sharply in 2013 by 77%.  A collapse of international confidence in France…

By contrast, foreign investment in Angela Merkel’s Germany almost quadrupled, even in Spain, Italy and Ireland foreign investment rose. The explanation is that France has a left-wing socialist government. Hollande’s great admirer Ed Miliband is likewise promising to bring back socialism to Britain:

“What President Hollande is seeking to do in France and what he is seeking to do in leading the debate in Europe is find that different way forward. We are in agreement in seeking that new way that needs to be found and I think can be found.”

Terrifying…


178 Comments

  1. 1
    Bill Quango MP says:

    Private Eye reminds us that Polly Toynbee wrote of Francois Hollande:
    ‘This pragmatic, careful man arrives just as the tide is on the turn’

    Like

    • 2
      Francoi Hollande says:

      Oh no I iz shovelling ze shit into ze tide

      Like

      • 4
        JMF says:

        Something of a right Canute.

        Like

        • 35
          M102 says:

          @JMF the original olde English spelling was Cnut and probably what you meant :)

          Like

        • 79
          King Canute says:

          How often do I have to tell you morons that *I knew* I couldn’t control the tide. It was my stupid gang of advisors that claimed I was all powerful. I went down to the shore to demonstrate their ignorance. Do I have to demonstrate yours too?

          Like

    • 28
      The Two faces of Ed says:

      So Far

      Ed will close all coal power stations
      Ed will open the coal mines
      Ed will cut immigration
      Ed will welcome immigrants from the EU
      Ed will expand the NHS
      Ed will spend less on the NHS
      Ed will freeze electricity prices
      Ed will make electricity more expensive with Green Taxes

      Like

      • 68
        Wait - what! says:

        Actually, yes, spot on.

        Like

      • 70
        Fish says:

        So far (directly and by using his placed men and women in positions of influence)

        Miliband (I cannot call him Ed) has facilitated the end of free speech in the British Press

        Miliband has wiped a billion £’s off people’s investments / pension investment in British Banks

        Miliband has been personally responsible for tens of thousands of deaths and torture in Syria, brought about by his betrayal and game playing in the commons in support of ‘mother Russia’

        Miliband has stalled investment in the British Energy market with his showboating on energy prices. He has also forced prices up.

        Miliband has stalled investment in building with his threat to confiscate development land

        This monster is an undemocratic Marxist, pure and simple. He’s not the Wallace like plasticine fool, many take him for. He is here on a mission to dismantle what is left of Britain and complete his father’s work.

        Like

        • 85
          +1 says:

          Spot on Fish

          Like

        • 101
          Cinna says:

          When you take his father into consideration you can see the wisdom in the old adage: The (red) apple never falls far from the tree.

          Like

        • 102
          I dislike socialists intensely says:

          Have the security services checked out Ed Miliband ? His background and
          origins are very suspect .Has he a hidden agenda ?After all he backed Putin
          and Assad against the West in the House of Commons Syrian vote.

          Like

          • Jack Ketch says:

            I have suggested many times on these pages that the Police files on Solomon Miliband be made public.
            How did he get here from Belgium during the middle of a German Invasion? How did he live? Who gave him lodgings?
            As a Soviet Citizen he may have been a “Cat B” Alien and at best a “Cat C”–in any case a file would have been opened. As “Mad Frankie” Fraser identified Miliband as a major fence involved in the “salvaging” of bombed out houses using young lads to pick over the debris, a local police file would surely have been opened even if he was never caught.
            The Miliband legacy to Britain deserves promotion.

            Like

          • Cost-of-Labour-crisis says:

            I just think he’s fucking thick.

            Like

      • 124
        White Dee & Black Dee says:

        As long as he doesn’t cut our bennies he’s our man.

        Like

      • 142
        Lady Virginia Droit de Seigneur says:

        And Ed Balls will eliminate the deficit by 2020

        Like

        • 172
          Mike Organ says:

          Yes that’s true and its very easy really. Spend much more than he can raise in tax. Frighten the investors away. Call in the IMF and then declare the country bankrupt. Problem solved, Deficit defeated, Country saved and never again will we get into a debt because no one and I mean no one will trust us with a cent after that. I use the cent not the penny as by that time the pound will be a distant memory consigned to the dustbin of history. At least the Scots can then use it without our permission which is one benefit at least. We will then will be in the enviable position of being only able to improve our living standards having been reduced to a condition lower than Albania. The only way is up. Look on the bright side of life. Come on you know it makes sense

          Like

    • 53
      Polly in all her Wisdom Wrote says:

      François Hollande’s victory message – “Austerity need not be Europe’s fate”. Cameron looks pinned in a corner.

      Labour gains from the triumph of the French Socialist leader with his intellectually cogent rallying cry for a new direction for Europe. Look how he won with a promise to tax the super-rich at a heart-attack rate of 75%, yet the French stock market actually rose slightly. Can he now turn the great liner of the EU’s disastrous economic policy?

      http://www.theguardian.com/commentisfree/2012/may/07/hollande-europe-cameron-polly-toynbee

      Like

      • 80
        Polly Pot says:

        The reason I can never be right on anything is that I must always be left.

        Like

        • 174
          Anonymous says:

          That and the fact that you’ve accumulated a pretty nice chunk of wealth be convincing stupid middle class lefties that you care about the poor.

          Share the wealth – provided no one touches Polly’s.

          Like

      • 103
        Cinna says:

        Not often she’s right, but she’s wrong again.

        Like

      • 173
        Mike Organ says:

        This is not so funny. I remember back in the seventies when the then Labour administration introduced a tax rate equivalent to 98% (eye watering). So the French have a long way to go before they can match the madness of Labour in the UK.

        Like

    • 61
      Gooey Blob says:

      If Labour are to win another election they need to find a media-friendly pro-business Blairite from somewhere. Union shill Ed Miliband would be a disaster as PM, voters can see that from miles away.

      Like

    • 72
      the tax farmers' union says:

      thank goodness we’re not in europe!

      Like

    • 105
      arse says:

      Labour are fucking dense

      I can do door to door wolverhampton-BHX-MXP-milan in 4-5 for about £150.00 return + 80 EUROs in nice hotel if required

      All you need to conduct business anywhere is an Amex card + iphone + macbook + GBP EUR JPY USD bank account (HSBC.net for a few quid a month)

      Like

  2. 3
    Sunderland is a Labour ghetto thats why its shyte. says:

    Vive Le France Vive Le Difference long may Hollande,the dirty bastard,rule France destroyed from within.

    Like

  3. 5
    JH394823984392 says:

    As I see it, there may be an issue with Socialism in that in the end it seems to find itself short of funding which it hitherto expected other people to provide.

    I can’t believe I am the first to notice this.

    Like

    • 46
      Sandalista says:

      Now you come to mention it, I think you may be onto something.

      Like

    • 63
      Hugh G. Rection says:

      I think it was the sainted Thatch who pointed out that the fundamental “problem with socialism is that you eventually run out of other peoples’ money”.

      Like

      • 151
        Another Politician wasting our time and money says:

        Hollande was elected to discuss and so on to a plan of a new way forward. Should not that have happened before submitting the papers to elect himself!

        Like

  4. 6
    C.O.Jones says:

    Many politicians know nothing about economics.

    Many economists know a lot about politics.

    Like

  5. 7
    Mornington Crescent says:

    FDI down, trousers down!

    Like

    • 38
      broderick crawford says:

      and hollande does not yet know the amount Val the Rottweiker is gonna take him for in revenge for his round the corner peccadillo.

      More egress from French Treasury coffers no doubt coz he s got no money .

      you see he s a ……… Socialist !

      Like

  6. 8
    Vince Cable says:

    Milibandomics would be more damaging to the British economy than discussing a UK exit from the EU.

    Like

    • 109
      chriselee says:

      Milliband need not worry about being a failure.Kinnock was a total arse and a complete failure.He is now a zillionaire like Bliar and his whole family are on the EU gravy train.
      I wish I could fail like that.

      Like

  7. 9
    JMF says:

    French or ragheads, same thing.

    Like

  8. 10
    Ming Campbell`s colostomy bag says:

    As bad as things might appear for the coalition (though getting better) is Labour facing an `83 style meltdown, in 2015?

    Like

    • 23
      kmc says:

      Ed Balls is working very hard to push Labour in that direction. I think he may well succeed.

      Like

    • 44
      broderick crawford says:

      MICHAEL FOOTE SAYS

      Lazarus-like resurrections my speciality !

      Like

    • 100
      Gooey Blob says:

      It’s looking that way. There’s still time for them to change their leader – just – but the Tories’ advance in the polls is slow and steady enough to not frighten Labour’s men in grey suits. By the time they realise they’re going to end up on the end of a Milibattering it will be too late.

      Like

  9. 11
    Ohhh Jimmmyy! Come out come out wherever you are! says:

    Where’s Jimmy when you want to poke fun at him?

    Like

  10. 13
    Mary Berry says:

    I wouldn’t trust these cnuts to run me a bath let alone my country.

    Like

  11. 14
    Labeur eez not warking says:

    Unemployment has just hit a record high in France too

    Like

  12. 16

    Tut tut!

    I cannot see either of their helmets, either.

    Like

  13. 17
    JMF says:

    Foreign Investment down 77% the nail in the coffin will be when investors leave France.

    Like

  14. 19
    • 29
      Mick Handcock says:

      Only Syrian ladies between the age 16 and 25 should be welcome to replace the female muslims who have been aborted by their parents.

      Like

    • 32
      The Public says:

      Yes. A stupid decision. We have already allegadly spent millions ensuring these people are safe in the countries they are in at present.

      Like

      • 144
        Jack Ketch says:

        Some Labour twatess, I thing it was Hodges, stated on TV that “many refugees come to the UK during times of upheaval in their country and when things improve, they go home again”.
        Well her bloody lot, running away from Adolf didn’t, nor did the Bengalis fleeing Khan or the Zia supporting P’stanis fleeing Bhutto or the Bhutto supporting ones fleeing her successor, nor the Afghans fleeing the Russians or the Taliban or the anti-Taliban—for Christsakes we are still lumbered with the Irish who fled the potato famine!
        THEY NEVER GO HOME!

        Like

    • 37
      Tyrone Chicane says:

      We are not allowed to mention Cameron letting in thousands of unchecked, poverty stricken, west hating Syrians, Mr Guido deletes these comments for some reason. Maybe we can talk about Cameron considering the daft bints proposal to ban smoking in cars?

      Like

      • 58
        A cheeky scouser says:

        If they are socially flawed in Syria they will be socially flawed here.

        Bad news for Britain and bad news for British taxpayers is this.

        Like

        • 77
          Sunderland is a Labour ghetto thats why its shyte. says:

          A complete betrayal,The Syrian Civil war is an Islamic war fuck all to do with us,in 20 years time C4 will be broadcasting Benefits St from Assad Way.

          Like

        • 118
          Mr Potato Head2 says:

          I’m more worried about the 75 million Mooslims from Turkey that Dave wants to invite here.

          Like

        • 171
          Fly on the wall says:

          If they kick up any nonsense they can be sent straight back where they came from.

          Like

      • 145
        Jack Ketch says:

        As it happens, the Syrians are a far better class of Arab than the scummo Iraqis, Gyppos, Libyans, Morroccans, Yemenis, Somalis and other dross that has been allowed to turn so many parts of London into little Fallujah.

        Like

    • 98
      Keep Calm, Vote UKIP says:

      Yes – Nigel stole the thunder on this one which is why Prime Minister Cameron is now implementing the morally and ethically right policy of allowing in refugee’s from Syr!a.

      Don’t worry though – this is only because the EU is telling him to, which Nigel shall explain next week…

      Like

  15. 21
    LibLabCon bed wetting c*nt says:

    I can take the moral high ground because shit rolls down hills towards you not me.

    Like

  16. 24
    Seth the pig farmer says:

    I used to work for a large international French company. The French owner lived in Belgium and commuted to Paris. The Paris office was about 6 people including his private chef (of which I approved enormously).

    There was a complete ban on doing any business in France.

    Like

  17. 25
    Mad Franky Hollande says:

    77% eez not enough. We must eliminate all ze capitalists.

    I was glad to see my friend Monsieur Millibande adopt the high tax to scare business. We purge ze whole Europe of investment!

    Like

    • 41
      JH394823984392 says:

      It’s jolly good of France to put on this demonstration of what a complete fucking disaster socialism is, every single time it is tried.

      The realisation that capitalism is the lifeblood of any society that has a high quality of life will be hard for them.

      Like

      • 93
        François Hollande says:

        Thankyou. La France considers it a duty to the world to try out insane lefty theories in order to prove they are bunk.
        It is a burden, but it is for the greater good of humanity.

        Now..I’m off to poke my mistress.

        Like

        • 162
          Fly on the wall says:

          Does this mean we can send all these bloody immigrants back across the Channel? They might be able to help complete the destruction with their demands for state aid etc.

          Like

  18. 26
    Feel The Social Cohesion says:

    Anyone attempting to implement Holland’s policies in the UK should be tried for treason.

    Like

  19. 30
    Sue says:

    Labour voters I know do not identify with Miliband.

    He is just another “posh millionaire who has never had a proper job” – & that is from a unionised public sector worker at our local council (who incidentally knows she is in a non job but has no other opportunity to work for the package she gets there).

    Like

    • 89
      C.O.Jones says:

      You will find that a lot of public sector employees readily acknowledge that they are in non jobs and would ABSOLUTELY LOVE to have a profitable input to society.

      That profit not necessarily defined as financial but more worthy of their time and a return to the community that pays their wages and pensions.

      Many feel parasitical but they are locked in and would not get the same terms and conditions elsewhere for their level of qualifications.

      Like

      • 164
        Fly on the wall says:

        …….and would not get the same terms and conditions elsewhere for their level of (LACK OF) qualifications.

        .. and it shows everywhere you look!

        Like

  20. 33
    Confused.com says:

    I see Tom Watson threw an article up on the Guardian about how stealing food from bins shows how desperate conditions are becoming. Now, lets put the fact that stealing cheese and cakes shows nothing about personal circumtances.

    If he really wanted to reduce the price of food, then he should lead the way and stop eating so fucking much. That way there’ll be reduced demand and prices will fall.

    Simples. Even the economically illeterate could get that one.

    Like

  21. 36
    kmc says:

    Hang on, if foreign investment plunges -77%, as shown in the graphic, that’s a 77% increase.

    (0 minus -77% = +77%)

    Like

    • 59
      broderick crawford says:

      er….. i m afraid you have the arithmetical better of me there … EUCLID .

      Like

    • 60
      Ah! mm? says:

      .77 me calcs

      Like

      • 67
        Ah! M says:

        Come on Cat get your redundant calculator out.

        Like

        • 99

          kmc might have a point if Guido had used the minus sign. But on the version which has come down my speaking tube, there is no such indicator. It is really a linguistic matter.

          Right on the point of emigrating, my old and faithful HP12C gave up the ghost. I missed the Reverse Polish Notation so much that I forked out for another. It has the advantage of showing the intermediate results to your calculations.

          It is fun watching those who don’t know how to use it, try and fail to figure it out. If someone I don’t like asks to borrow it, I just pass it across without any warning… and watch! :-)

          Like

    • 116
      Cinna says:

      That’s McDoom’s negative increase economics.

      Like

  22. 39
    A spirit of 'European complicity' ? says:

    Like

  23. 42
    Ah! miner says:

    No son of mine ever went down t’ pit

    I demand an apology.

    Like

  24. 47
    Gordon Brown says:

    That may well be the case Guido, but have you checked the French Tractor production figures?

    Like

  25. 48
    Owen Jones says:

    Here is my 3 point plan for how Francois Hollande can save France.

    1) Increase tax further. Everyone knows that the more you tax, the better off the country is. My N.U.T. economics teacher told me so. Clearly the problem is 75% on the rich was not enough. 95% should do the trick.

    2) Have one single national wage of 20,000 Euros for everyone, except of course for left wing politicians, journalists, authors and TV personalities who deserve more money for their hard work promoting socialism.

    3) Nationalise all businesses. Public servants are much better at running organisations than greedy capitalists. Look at the N.H.S.

    Once implemented, I believe France will be a towering socialist economy just like the Soviet Union was. Oh how I wish I was old enough to have supported the USSR just like all the lefties like me did right up until 1989. It is tragic the CIA and Mossad plotted to make them bankrupt.

    Like

  26. 50
    British Bulldog says:

    Boss of power company RWE has already said he won’t invest in the UK because of the political risk caused by Ed Miliband’s outbursts

    http://www.theguardian.com/money/2014/jan/22/miliband-energy-price-freeze-pledge-freezing-investment

    A taste of what’s to come with Labour and their UKIP-enablers

    Like

    • 123
      Oil Industry says:

      so they wont sell their gas that has just started coming off the southern north sea to the government then??

      Like

  27. 51
    Long John Silver's parrot says:

    For crass stupidity The Wall Street Journal should be looking a little nearer to home :

    State Funded Officials 1 _0 The American Taxpayer

    Like

  28. 52
    Blowing Donkey Whistles says:

    Millitwats campaign for 2015 is surely going to go the way of Howard’s in 2005.

    Strange to think that Howards campaign theme was against unrestricted immigration as encouraged by the 2 faced lying bastards that were the labour regime of terror.

    I do hope Millitwats slow car crash continues. He’s such a useless Cnut he deserves nothing less.

    Like

    • 87
      a cheeky scouser says:

      Do keep up.

      Cameron has just said at PMQs that Labour “do not have a clue” .

      therefore in 2015 you do not waste your time with the clueless, you refrain wasting your time on televised debates. Instead you publish your detailed Manifesto and tell people door to door exactly what you are going to be doing from 2015 to 2020 .

      The “clueless” are best ignored.

      Like

    • 95
      Casual Observer 6 says:

      Much like being nominated for an MBE by Owen Jones, and winning it.

      Like

  29. 56
    don't deny... says:

    … it certainly is a ‘different’ way

    Like

  30. 57
    Sandalista says:

    This means that France will be free from the meddling & vagaries of foreign companies and corporations. France for the French!

    Like

  31. 62
    Neitherdeadnoralive says:

    The sad thing for the UK is that Milliband and his Marxist followers will more than likely get the 35% they need to win the next GE……..

    Like

    • 74
      broderick crawford says:

      they will if you allow white dee and her ilk the privilege of voting .

      Like

    • 121
      Gooey Blob says:

      Miliband won’t get 30%.

      Just get out and vote for whoever is best placed to beat the Labour candidate in your seat. Then buy lots of popcorn to scoff while you watch Labour implode on the Friday…

      Like

    • 130
      Democracy Now says:

      Tha really sad thing is that any government can be elected on less than 50% of the popular vote.

      Still, with votes in Scotland available that are equal 5 votes in England and Welsh MPs needing half as many votes as English MPs to get elected, these kinds of anti-democratic outcomes are quite possible. Add on the effects of postal voter fraud and personation and we really can expect such outcomes and worse. 30% may even suffice…

      Like

  32. 64
    Sunderland is a Labour ghetto thats why its shyte. says:

    South Africa raises interest rates to 5 and a half per cent the country goin down the shitter,Mandelas legacy.

    Like

    • 86
      JH394823984392 says:

      5.5% sounds like a perfectly healthy interest rate to me. Leaves borrowing reasonably cheap but helps ward off housing bubbles. and rewards savers.

      Makes people less likely to pay nearly a grand a month in interest alone for a £200’000 shitbox that should really be £115’000.

      Like

      • 91
        Sunderland is a Labour ghetto thats why its shyte. says:

        Yeah bur=t this S Africa you would get a fucking mansion for 115k

        Like

    • 134
      Peter Haine says:

      The Rainbow result, who would have thought it a majority government getting it wrong.

      Like

    • 143
      Jack Ketch says:

      In 1975 I got R.1,40 for a pound
      In 1982 I got R. 3.00 for a pound

      At the height of the financial bust, international credit destroyed, currency controls, low-key civil war playing out in the streets, most men called up for the Army etc. etc. in 1988 I still got 6 rand to the pound.
      Now it is 18 to the pound! Viva ANC! Shozoloza! Amandla Iwethu!

      Like

  33. 66
    Tin foil top hat says:

    cue the “vote UKIP get Milliband” rubbish.

    I tell you what. If that is true. (which it isn’t). Then maybe that will be good for the UK. Ram socialism down everyone throat. Give people so much socialism they throw up.

    Then maybe they will start listening to us.

    Vote UKIP. Our father didn’t man the trenches so that we could be bullied into voting for quislings.

    Like

    • 84
      Bonjour Red Len says:

      Ah, the “purity” argument used by some extreme leftists who could never vote Labour because they weren’t true to socialism. Better to have ideological purity in your mind rather than hold power and govern.

      Like

    • 104
      Keep Calm, Vote UKIP says:

      Unfortunately the ramming aspect will likely get taken to an extreme by the socialist mongs who truly believe.

      This is why people in lesser countries overseas have a habit of winding up dead, tortured or generally made to feel uncomfortable by their respective governments who decide that it is the people and not their policies which are the reason for the socialist ideal not materializing.

      The only question is: Do you want UKIP ?

      There doesn’t seem to be any downside to giving it a go.

      Reality is simple:

      Vote UKIP – you will get UKIP.

      Like

      • 148
        Niall Eastick-Tendencies says:

        Watch the quislings implode every time UKIP win a local council seat or get a close second in a by-election.
        It’s beautiful. The louder they squeal, the more they fear removal from the trough. Up to the EU Elections they will be hysterical.
        Keep it up UKIPers. You’re making British politics interesting.

        Like

  34. 69
    A divorce lawyer says:

    President Hollande is in denial.

    He is like a husband who stays with his wife and will not admit the truth that the marriage is over.

    Instead he conducts a secret affair getting others to cover for him. He only does something about matters when he is forced in a corner and realizes he can hide the truth no more.

    Like

    • 155
      NE Frontiersman says:

      ‘The man who marries his mistress creates a vacancy’ (Jimmy Goldsmith). All parties concerned might have done well to recall this wise axiom. But it’s fun watching these ardent republicans obsessing over who deserves the status of the King’s Official Mistress.

      Like

  35. 75
    Not a BBC spokesperson says:

    This is simply reconfiguring the economy to make it more balanced.
    The UK could learn much but it won’t as we are stuck with evil Tory cuts, closing mines, NHS, cost of living crisis, crime, despair and global climate change.
    Fatcher.

    Like

  36. 83
    Ed Balls - Shallow Chancer says:

    Like

  37. 90
    Howdy do dere honey says:

    “Black Wednesday” to be followed by “Black Thursday”

    SELL SELL SELL

    FTSE 100 6524.12
    Down
    -48.21 -0.73%

    Like

  38. 97
    Lord Jensen Interceptor says:

    How long before starving French refugees are seeking asylum in the UK?

    Like

  39. 120
    Ed the Eunuch says:

    Socialism is destructive for everyone. Miliband has to go.

    Like

  40. 122
    Mr Potato Head2 says:

    We are inviting millions of the world’s poor into this country (besides subsidising many millions more) and the Labour dick’Eds wonder why there is so much poverty in this country.

    Like

  41. 136
    Forward with guidance says:

    Merkel has said today that the euro crisis is still with us.

    At least there is one Leader around who is not strutting around with their head in the air.

    Like

  42. 138
    just trying to help says:

    In a little reported matter the French Culture Minister who last week said France should be proud of its President has been awarded several thousand euros in damages against Closer magazine for publishing a picture of her in a bikini .

    In the last year Closer magazine have been given 400,000 euros of taxpayers’ money through the self same Government in which she serves.

    Now you can understand how Press privacy laws work.

    Royale and Trieweiller have also received cash by following this self same procedure.

    Like

  43. 141
    sproggingforbenefits says:

    Great that we can see how Labour’s policies work out without having to bear the pain ourselves

    Like

  44. 152
    Ed the Eunuch says:

    Ed is not a man of principle. He is forever chasing and aligning himself with populist views regardless of whether they are achievable or not. His energy policy is a joke, his banking policy is laughable, except they are wiping billions from the markets while ensuring future investment remains precarious. This is students politics at its worse. No common sense whatsoever.

    Ed Miliband & Ed Balls are liabilities.

    Like

  45. 159
    melvin says:

    When I thed we were theeking a different way forward, there wath a thlight thlip of the tongue there, I meant a different way backward, tho thorry!

    Like

  46. 175


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