Been Quote by Wilbur Ross
“I think at the end of the day, the real sick man of Europe is liable to turn out to be France, not Greece, not Portugal, not Spain, not Italy. The reason is France is very uncompetitive to begin with on a global scale, and the measures that Hollande has been putting in have been very, very negative from the point of view of economic growth.”
About This Quote
Source Speech: Economic Commentary, 2014
The speaker argues France’s economy is weak and uncompetitive, suggesting it may become Europe’s biggest problem.
In simple terms: France is seen as Europe’s sick man due to poor competitiveness.
Recognize and address structural economic weaknesses.
Themes
Mood
Type
When to use this quote
- government policy analysis
- investment decisions
- business strategy
- academic research
Key Concepts
Questions to Reflect On
- What policies could improve France’s competitiveness?
- How do other European economies compare?
France’s challenges may be overstated; other factors also affect Europe’s health.