Historical Background and Passage of the Bill On the night of February 20, 2025, after intense debates, the French National Assembly passed the “Proposal to Establish a 2% Minimum Wealth Tax on the Super-Rich” (commonly referred to as the “Tax the Billionaires Bill”) with 116 votes in favor and 39 against. The bill imposes a … Continue reading Economic Analysis Report on France’s “Tax the Billionaires Bill”
Selfishness, as a universal human trait, is rooted in the interaction between basic survival instincts and socialization processes. From a psychological perspective, selfishness is not inherently negative; rather, it is a natural response to self-preservation in environments with limited resources. However, when this mindset becomes excessively dominant and unbalanced, it can significantly impact social functioning. … Continue reading The Psychology of Selfishness and Life in Paris
Recently, the European Central Bank (ECB) announced a €7.9 billion loss for 2024—a significant figure that raises concerns about the eurozone’s financial stability. But what led to this loss? How will the ECB manage it? And most importantly, how does this affect everyday people? Let’s break it down in a clear and straightforward way. Why … Continue reading The ECB’s €7.9 Billion Loss: What Does It Mean for You?
Over the past fifteen years, Europe’s economic position has deteriorated significantly. In 2008, Europe’s GDP was roughly equal to that of the United States, with both accounting for about 25% of global GDP. However, today, the U.S. economy has surpassed $26 trillion, while Europe’s total GDP has shrunk to just over half of that. This … Continue reading The Decline of Europe’s Economy and the Shifting Global Economic Order: A Case of Institutional and Strategic Missteps
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