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EU Economics

Deutsche Bank warning: There will be MORE Trumps and Le Pens – Europe must prepare

POPULISM will continue to thrive posing a threat to the establishment for the foreseeable future, anaylsts at Deutsche Bank have warned.

Marine Le Pen and Donald TrumpGetty

Politicians Marine Le Pen and Donald Trump are set to continue to surge in popularity


Anti-establishment politicians like Marine Le Pen and Donald Trump will continue to be popular as they electrify the electorate, a report by the German bank has found.

The march of populist parties led by charismatic leaders in Europe and abroad and movements like Brexit’s “vote Leave” will continue to pose a threat to the establishment, according to Deutsche Bank.

It will mean established parties are set to face a tougher time getting people’s votes, as more people favour leaders who buck the trend.

But Deutsche Bank warned support of fringe politicians could eventually have a destabilising impact on financial markets.

The global investment bank carried out the analysis while looking for international events that could impact the stock market.

The election of US President Mr Trump over Hillary Clinton stunned the establishment, pollsters, and the electorate in America as he was not expected to win.

But by using a populist narrative of “America First” and taking a tough stance on immigration by promising to build a border wall to block out Mexican immigrants, voters propelled Mr Trump to the White House.

Emmanuel Macron and Marine Le PenGetty

Emmanuel Macron and Marine Le Pen, a far right candidate faced off at the election


Similarly, throughout Europe, a battle ensued after politicians like Marine Le Pen, leader of the far right Front National became a candidate in the French election race.

Emmanuel Macron, 39, an independent centrist eventually beat her to get the keys to the Elysee Palace but it marked a moment in which Europe clearly began to stray away from established political parties.

Mr Macron did not represent the mainstream parties, having created his own ‘En Marche!” [on the move] movement last year in 2016.

He won with 66.1 per cent of the vote compared to Ms Le Pen’s 33.9 per cent.

At his victory speech, Mr Macron reached across the aisle to Ms Le Pen’s supporters and told them he heard the “anger, anxiety and doubts” you have.

Meanwhile, Ms Le Pen’s populism was repeated in the Netherlands, with Geert Wilders.

graph on populismYouGov poll

Voters are increasingly choosing less mainstream politicians and parties


The anti-islamic and anti EU politician saw success with voters but stumbled during the election – coming in with just 20 seats in the house.

In Britain, the electorate’s vote to leave the European Union last year June, stunned our European neighbours and signalled a change in the county’s direction.

But, all pointed to the rise in populism,

According to a seperate 2016 YouGov poll, voters are increasingly turning against the pampered liberal elite in favour of strong politicians who they believe will better serve their interests.

Of 12 EU countries ranked by the level of support for populist politicians, who are predominantly eurosceptic, authoritarian leaders scored more than 40 per cent of the vote in all but four.

The pollsters concluded: “The results may well be cause for concern for politicians in mainstream established parties across the continent. The implications for electoral success are potentially enormous.

“Should a politician or party be able to find a way to unite significant numbers of AP voters under their banner, they will be able to issue a serious challenge to the established political order.

“France in particular has a high proportion of voters with AP sentiment. If a candidate there can unite this group behind them it could have serious implications for not just France but Europe as a whole.”

http://www.express.co.uk/news/world/856074/populism-Marine-Le-pen-Donald-Trump-Geert-Wilders-will-rise-says-Deutsche-bank

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Jane Davies
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Jane Davies

A warning indeed to the EU elite but their arrogance will mean it will go over their heads, they clearly have learnt nothing from Brexit and will continue on until the house of cards falls down around them and then once the brown stuff hits the fan then maybe, just maybe, the light bulb will flicker on briefly then die and leave them all in the dark gobsmacked and puzzled. I can’t wait!

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