France: Karl Lagerfeld condemns imbecile Francois Hollande
President François Hollande of France is an “imbecile” who “hates the rich” and whose tax hikes will prove “disastrous” for France, controversial fashion designer Karl Lagerfeld has warned.
The German haute couture icon’s undiplomatic outburst follows a string of attacks on celebrities over their taste and looks. He has recently dubbed British singer Adele “fat” and Russian men “ugly”.
This time, however, Chanel’s 78-year old creative head trained his fire on France’s Left-wing leader, whose government is currently debating 20 billion euros in tax rises for the wealthy and big business and a 75 per cent tax on millionaire earners.
Likening Mr Holande to former Spanish prime minister Jose Luis Zapatero, a fellow Socialist, Mr Lagerfeld said: “He’s an imbecile. He will be as disastrous as Zapatero.” “Hollande hates the rich. It’s a disaster. He wants to punish them, and of course, they are leaving, nobody is investing,” he told Spanish Marie-Claire magazine.
"Foreigners no longer want to invest in France and it cannot work like that." Mr Lagerfeld’s comments joined a chorus of criticism from French business leaders to David Cameron on the left-winger’s fiscal policies.
Earlier this week, Laurence Parisot, head of employers’ group MEDEF, warned France was sliding into a grave economic crisis and risked a full-blown “hurricane” as investors flee rocketing tax rates. (via Telegraph)