Schools Closed and More Riots in France

AP Photo/Aurelien Morissard

David has written about this story a couple times in the past week but the school walkouts and riots have continued this week in France. This started out as a complaint about schools but it seems to be morphing into a more widespread left-wing protests/riots.

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Student protests are sweeping France, morphing into a display of broader discontent as the government strains to control its finances, months before a critical presidential election.

People spilled into the streets Tuesday across the nation after two weeks of students blockading schools and at times clashing with police. Several influential French labor unions joined Tuesday’s rallies, as people gathered in dozens of cities including Paris, Lille, Lyon, Marseille, and Toulouse...

“Old enough to be teargassed, but not to protest,” one sign in Lille said. “Disenchanted generation,” read another sign in Paris.

The protests have gained momentum as they tap into popular anger over spending cuts and rising prices, with a heated debate gripping France about how to contain record debt.

The protests are being described as "mostly peaceful" but I'm not sure it seems that way on the streets. Since last month, 6,000 people have been arrested.

The protests on Tuesday were mostly peaceful, but a fire was started in Lyon and police officers unleashed tear gas in cities including Paris, where the Interior Ministry said 56,000 demonstrators had marched. By nightfall, most protests had ended, but a few hundred protesters remained in a square in Paris, facing off with police officers.

Roughly 6,000 people have been arrested since the unrest began in September, and Mr. Lecornu told lawmakers on Tuesday that 215 students and 85 school staff members had been injured. He condemned the violence, saying “violent individuals who mingle with the nonviolent high school students” were to blame for any unrest.

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Here's some video from Lyon:

This definitely doesn't look peaceful.

As mentioned above, a fire was set in the street. Notice all the people wearing black bloc to hide their identities.

There were also showdowns with police in Paris:

More fire in the streets and police did use teargas.

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Police pushed through a human chain around a school and removed obstacles in the street.

You can see police being pelted with rocks or other objects in some of these clips.

Congrats to this mom who pulled her son out of the protests. Where are the rest of these kids' parents?

Mostly peaceful Antifa goons trashing a bank in Paris.

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Elsewhere in France some students entered a church and played rap music celebrating terror attacks on France. This is pretty sickening.

Mohamed Merah, a 23-year-old Islamist, carried out shooting attacks in Toulouse and Montauban in 2012. He killed three French paratroopers and, at the Ozar Hatorah Jewish school, a rabbi, his two young sons, and an 8-year-old girl.

On November 13, 2015, ISIS attackers hit the Bataclan during a concert. Ninety people were killed in the theater. Across Paris that night, 130 died.

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This looks like a real disaster and the government doesn't seem to have a response except to cancel school, ensuring even more protesters will be in the streets.

The underlying problem here is overspending and high deficits. There's every reason to think that things will get a lot worse before they get better.

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The global surge in interest rates has exposed the country, once considered an oasis of relative stability in Europe’s financial markets, as one of the continent’s weakest links. France now pays more to borrow than former crisis hot spots like Greece and Italy. Its government is running a budget deficit surpassed only by the United States among its peers...

Investors are bracing for things to get worse. The rise in rates is saddling the government with higher costs just as it needs to refinance a mountain of debt borrowed during the era of ultralow interest rates. France has more than $1 trillion in debt coming due by 2030, and next year is set to sell a record of about $380 billion in debt into a market where once-reliable sources of demand have evaporated...

“France has been this free rider in Europe for years, if not decades. It has gotten away with fiscal murder,” said Kevin Thozet, a portfolio adviser at the French asset manager Carmignac. “It worked as long as people were not noticing. Now people have started to notice.”

The cost of servicing France’s debt is expected to climb 59% by 2030, according to a recent study commissioned by the French finance ministry. Debt payments are now one of the French government’s largest line items and could dwarf military spending by the end of the decade. France’s debt, now worth nearly 120% of gross domestic product, risks putting the economy in what its central-bank chief recently called a “gradual stranglehold.”

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The forecast calls for more riots, more spending they can't afford and more left-wing agitators trashing police and banks, all because you can't borrow indefinitely without consequences. Until someone comes along who can convince the French of the need to balance a budget once in a while, this is going to continue to spiral downward.

Editor’s Note: The American people overwhelmingly support President Trump’s law and order agenda.

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