FRANCE'S YELLOW VESTS: FUEL TAX HIKE TRIGGERS POVERTY, FINNACES WAR AND REPAYMENT OF THE PUBLIC DEBT
Prof Michel Chossudovsky
Updated, December 10, 2018
The Western media in chorus upholds France’s President Macron against the Yellow Vests Movement, which it describes as “Climate Deniers”.
The New York Times casually describes the fuel tax hike as a carefully formulated economic policy to fight global climate change.
It’s a lie.
Hikes in the fuel tax applied Worldwide in more than 120 countries are part of a package of deadly macro-economic reforms which serve to impoverish large sectors of the World population.
The hike in gasoline prices translates into increases in the price of food, transportation and essential goods and services. It undermines the productive structure. It leads to the collapse of the standard of living.
The Yellow Vest protests in France against the fuel tax increase are described by the media as “the biggest obstacle yet to attempts to encourage conservation in alternative energy use.” Strong statement!
Taxing fuel is presented as a means to “alleviate climate change to the benefit of humanity.” (NYT, December 6, 2018).
What nonsense!
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