Israel's economy is struggling. Economists say ending the war would help
Israel's economy is struggling. Economists say ending the war would help
Nearly 11 months into the war with Hamas, Israel’s economy is struggling as the country’s leaders grind ahead with an offensive in Gaza that shows no signs of ending and threatens to escalate into a wider conflict.
Food $200 Data $150 Rent $800 Genocide $3,600 Utility $150 someone who is good at the economy please help me budget this. my country is dyingHave some Hexbear Gold
here's an updoot kind stranger
Economists really earning their pay.
Only some economists. Preston Bloodfeast, director of the Raytheon funded think tank Eye of Sauron believes that the longer Israel continues it's bombing campaigns will only prolong a golden age that may last for up to 1,000 years.
will only prolong a golden age that may last for up to 1,000 years.
That's Luddite thinking; there will be a trillion trillion immortal cyber-angels dancing on the head of a Singularity(tm) pin and they will thank us for making the billionaires richer in the present day.
lol. Israel's economy depends on immiserated Palestinians coming over the border to do low-paid work. Like how US food production depends on Mexican farm laborers who get paid less than min wage. Wtf did they think was gonna happen?
Their credit rating is gonna take another hit. They were explicitly told by the people that come up with those ratings that a war with Hezbollah is going to hurt their score immensely.
Investors are going to try to leave and people will have even less confidence in their bonds.
It must also be a bit worrisome for investors that Hezbollah, Hamas, Houthis, and Iran can and will fly drones into your offices or data centers. I would imagine a lot of hiring freezes and pulling assets out especially for the tech sector, compounded with lack of labor including from Israelis that reasonably don't want to be in a country that is poking every bear in its neighborhood
Hey thats not true! Israel also heavily relies on a network of indentured servants from places like Thailand. They mostly bailed after October 7th and aren't likely to ever return in the same numbers. They are treated like shit in Israel and are usually shacked up in hot, depressing storage containers with no AC. You'll never see an actual Israeli tilling a field. Nope, they just burn fields
No "country," no economy, no problems
Incoming lathe-touching: Two state solution happens but only because the Israelis get to saddle the new Palestinian state with all of their debt, Haiti-style.
builds an economy based on desperate 2nd class workers performing cheap labor
bans those 2nd class workers from working
???
WHY LINE GO DOWNThere's this weird trick that may help the economy more but we can't have that.
https://apnews.com/article/israel-hamas-war-latest-26-august-2024-9b67ccdeefdc81ea149fc3f9b56ba552
And they're still escalating lmao
"war"
