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France and Germany Face a Delicate Economic Cliffhanger
John Cunniff analyzes the lingering monetary crisis as de Gaulle exits France, with social unrest, wage swings, and inflation shaping devaluation timing. Germany's reluctance to realign the mark preserves competitiveness yet risks renewed strain as both nations confront near term shocks.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
France
Charles de Gaulle
Germany
Bach
de Gaulle