So in the end the West was saved by the election of Emmanuel Macron as President of France: relief in Brussels, a buoyant eurozone, rallies in Asian markets.

That was always a no-brainer. After all, Macron was endorsed by the EU, Goddess of the Market, and Barack Obama. And he was fully backed by the French ruling class.

This was a referendum on the EU – and the EU, in its current set-up, won.

Cyberwar had to be part of the picture. No one knows where the MacronLeaks came from – a last minute, massive online dump of Macron campaign hacked emails. WikiLeaks certified the documents it had time to review as legitimate.

That did not stop the Macron galaxy from immediately blaming it on Russia. Le Monde, a once-great paper now owned by three influential Macron backers, faithfully mirrored his campaign's denunciation of RT and Sputnik, information technology attacks and, in general, the interference of Russia in the elections.

The Macron Russophobia in the French media-sphere also happens to include Liberation, once the paper of Jean-Paul Sartre. Edouard de Rothschild, the previous head of Rothschild & Cie Banque, bought a 37% controlling stake in the paper in 2005. Three years later, an unknown Emmanuel Macron started to rise in the mergers and acquisitions department, soon acquiring a reputation as "the Mozart of finance."

After a brief stint at the Ministry of Finance, a movement, En Marche! was set up for him by a network of powerful players and think tanks. Now, the presidency. Welcome to the revolving door, Moet & Chandon-style.

See you on the barricades, babe

In the last TV face-off with Marine Le Pen, Macron did not shy from displaying condescending/rude streaks and even raked some extra percentage points by hammering "Marine" as a misinformed, corrupt, "hate-filled" nationalist liar who "feeds off France's misery" and would precipitate "civil war."

That may in fact come back to haunt him. Macron is bound to be a carrier of France's internal devaluation; a champion of wage "rigor," whose counterpoint will be a boom of under-employment; and a champion of increasing precariousness on the road to boost competitiveness.

Big Business lauds his idea of cutting corporate tax from 33% to 25% (the European average). But overall, what Macron has sold is a recipe for a "see you on the barricades" scenario: severe cuts in health spending, unemployment benefits and local government budgets; at least 120,000 layoffs from the public sector; and abrogation of some key workers' rights. He wants to advance the "reform" of the French work code – opposed by 67% of French voters – ruling by decree.

On Europe, the only thing "Marine" said during the campaign that was closer to the truth was that "France will be led by a woman, either me or Mrs Merkel."

Macron is more likely to be the new Tony Blair or, in a more disastrous vein, the new [former Italian PM Matteo] Renzi.

The real game starts now. Only 4 in 10 voters backed him. Abstention reached 25% – about one-third if spoilt ballots are counted. It will be virtually impossible for Macron to come up with a parliamentary majority in the upcoming elections.

France is now viciously divided into five blocks – with very little uniting them: Macron's En Marche! movement; Marine Le Pen's National Front, which will be recomposed and expanded; Jean-Luc Mélenchon's Disobedient France, which is bound to lead a New Left; the shattered Republicans, or the traditional French Right, which badly needs a new leader after the François Fillon debacle; and the virtually destroyed Socialists post-Hollande.