“End Of Abundance”: Macron Warns Of “Major Tipping Point” And “Great Upheaval” As Difficult Winter Approaches

Tyler Durden's Photo

THURSDAY, AUG 25, 2022 – 03:55 AM

With much of Europe facing a cold winter thanks to the war in Ukraine, various leaders have been sounding the alarm over the ‘sacrifices’ people are going to have to make in order to maintain opposition to Vladimir Putin – who’s betting on fracturing the EU due to Russia’s immense leverage over energy.

The equestrian statue of Frederick the Great on Unter den Linden Avenue in Berlin after the illumination was switched off on July 27. (Omer Messinger/Getty Images)

On Wednesday we reported that that both EU policy Chief Josep Borrell warned that “wary” EU populations would have to endure deep economic pain and a severe energy crunch – while calling on the citizenry to “bear the consequences” with continued resolve.

The same day, Belgian Prime Minister Alexander De Croo went much further – suggesting that “the next 5 to 10 winters will be difficult.”

“The development of the situation is very difficult throughout Europe,” De Croo told Belgium broadcaster VRT.

“In a number of sectors, it is really difficult to deal with those high energy prices. We are monitoring this closely, but we must be transparent: the coming months will be difficult, the coming winters will be difficult,” he said. 

The prime minister’s comments suggest replacing Russian natural gas imports could take years, exerting further economic doom on the region’s economy in the form of energy hyperinflation.

And in yet another ominous warning in what must have been coordinated messaging, French President Emmanuel Macron on Wednesday went even further  – warning at his first cabinet meeting after the summer holidays that the French should expect to make deep sacrifices in what he called the “end of abundance.”

Speaking before ministers at the Élysée, Macron said that the country was at a “tipping point” as it faced a difficult winter and a new era of instability due to climate change and Russia’s invasion of Ukraine, according to The Guardian.

What we are currently living through is a kind of major tipping point or a great upheaval … we are living the end of what could have seemed an era of abundance … the end of the abundance of products of technologies that seemed always available … the end of the abundance of land and materials including water,” he said, adding that France and the French felt that they’ve been living under a series of crises, “each worse than the last.”

“This overview that I’m giving, the end of abundance, the end of insouciance, the end of assumptions – it’s ultimately a tipping point that we are going through that can lead our citizens to feel a lot of anxiety. Faced with this, we have a duty, duties, the first of which is to speak frankly and clearly without doom-mongering,” Macron continued, adding that France, Europe and the world had possibly been too “insouciant” about threats to democracy and human rights – while warning of the “rise of illiberal regimes and strengthening of authoritarian regimes.”

Tone deaf?

According to the report, Philippe Martinez, the secretary general of the powerful CGT union criticized Macron’s comments as being “misplaced” – adding that many French citizens have never known abundance.

Philippe Martinez, pictured here in June 2022. Photograph: Luc Nobout/Zuma Press/Rex/Shutterstock

“When we talk about the end of abundance, I think of the millions of unemployed, the millions of those in a precarious situation. For many French people, times are already hard, sacrifices have already been made,” he said.

The president’s warnings came as it was revealed that the dividends paid out by major French companies reached a record €44bn in the second quarter of 2022, as a result of what were described as exceptional profits in 2021. The economic newspaper Les Echos said the dividend payout was almost 33% up on the previous year and was the result of a post-Covid economic catchup.

Macron, who was re-elected for a second five-year term in April but lost his parliamentary majority in the subsequent general election, and his government are facing a rocky rentrée, the traditional September return to work and school after the long summer break in France.

After months of successive election campaigns, his newly appointed government had little time to establish itself before the holidays, putting this year’s return to parliamentary business under particular scrutiny. -The Guardian

During a commemoration ceremony for the allied invasion of Provence in 1944, Macron warned that this autumn and winter would be a difficult one – with the risk of energy shortages and high prices due to Russia’s war on Ukraine – which he referred to as “the price to pay for freedom.”

zerohedge logo


The Liberty Beacon Project is now expanding at a near exponential rate, and for this we are grateful and excited! But we must also be practical. For 7 years we have not asked for any donations, and have built this project with our own funds as we grew. We are now experiencing ever increasing growing pains due to the large number of websites and projects we represent. So we have just installed donation buttons on our websites and ask that you consider this when you visit them. Nothing is too small. We thank you for all your support and your considerations … (TLB)


Comment Policy: As a privately owned web site, we reserve the right to remove comments that contain spam, advertising, vulgarity, threats of violence, racism, or personal/abusive attacks on other users. This also applies to trolling, the use of more than one alias, or just intentional mischief. Enforcement of this policy is at the discretion of this websites administrators. Repeat offenders may be blocked or permanently banned without prior warning.


Disclaimer: TLB websites contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of “fair use” in an effort to advance a better understanding of political, health, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than “fair use” you must request permission from the copyright owner.


Disclaimer: The information and opinions shared are for informational purposes only including, but not limited to, text, graphics, images and other material are not intended as medical advice or instruction. Nothing mentioned is intended to be a substitute for professional medical advice, diagnosis or treatment.

Be the first to comment

Leave a Reply

Your email address will not be published.