"Three failures of Macronism are accumulating and reinforcing each other today"

Emmanuel Macron's second term has been marked by significant failures in economic, social, and political areas, leading to a chaotic governance situation. Despite initial support for businesses aimed at boosting competitiveness, economic growth has stagnated at around 1% annually, insufficient to meet societal demands. The technocratic approach adopted by Macron has weakened democratic institutions and civil society, resulting in widespread discontent, including protests from the 'yellow vests' and students. Macron's recent speech reflects a disconnect from the realities faced by the French population.