“Let's stop criticizing our banks!”

More than ten years after the subprime mortgage crisis, all the light has not been shed, and yet the idea of ​​the guilt of the banks has taken hold firmly in people's minds. They are even blamed for the double fault, since after playing with fire and triggering the crisis, they allegedly asked for help from the States. This unanimous condemnation, the result of incomplete analyzes, is a heavy component of the bank bashing that has raged since then and unfortunately works against our interests. We are indeed at a critical moment when Europe, faced with the domination of American finance and the dollar, must develop its own financial capacities. The development of a strong pan-European financial sector is therefore essential if we particularly want to foster the emergence of future European gafas. 
If it is vain to hope for the complete disappearance of this bank bashing and, one might say, of the bashing market whose roots plunge both in history and in ignor…

Coronavirus: "The book chain threatens to become a real skittles game", worries the director of the publishing house Talents Hauts

"The book chain threatens to become a real game of skittles", worries the founder and director of the publishing house Talents Hauts, specialized in children's literature, Laurence Faron Wednesday May 20 on Franceinfo, while health crises and economic weigh on the publishing world. She asked "that libraries, schools, universities be given budgets" allowing them to place "strong public orders".
 
Coronavirus: "The book chain threatens to become a real skittles game", worries the director of the publishing house Talents Hauts

Laurence Faron: Everyone is worried. The book chain is threatening to become a game of skittles. The book chain means the author, including various suppliers, graphic designers, printers, publishers, booksellers, but also all trade show networks. It is a real chain which is both solid because it is long, but fragile because each of the links in this chain is very fragile. So, I worry. I have relatively little concern for my own house, because it is a house that already has a certain size. But I think especially of all these small independent publishing houses which make up the richness of our network of literature.

Are you asking for aid measures for the sector?

In terms of the publishing sector as a whole, we need strong public measures, like all economic sectors. There are many very small and medium-sized publishing houses like Talents Hauts that are threatened with a cash crisis. But there is also a responsibility for everyone, for the whole public. Readers, buyers of bookstores who must realize that editorial diversity requires the diversity of publishing houses and that we must therefore ensure their survival in this difficult period. (…) I think that it is necessary to strengthen respect for the Lang law, perhaps to discuss it again. There may also be strong public orders, that libraries, schools, universities have budgets allowing the purchase of books, whether for young people, of course, this is crucial, but also in all sectors. It is a large-scale program that should be managed to put in place not only to support the houses, but the whole chain of the book, which must not become a game of skittles.




The book chain broke during confinement with publications postponed or suspended. Are things starting again now?

It is much too early because we are a little bit in the middle of the chain. There is a real desire for takeover by booksellers and customers, which is a very good thing. It has to last. The big unknown, like everyone else, is the future behavior of consumers. What I already see is first of all the authors and authors who were impoverished before the crisis, who will find themselves even more fragile now. But also, I learned yesterday the receivership of one of our clients so I have unpaid invoices to come, so necessarily that weakens Talents Hauts. This is still an isolated case, but we obviously can not exclude that it multiplies, unfortunately.