Israel’s Debt Gets Downgraded: Is the Economy in Trouble?
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- čas přidán 10. 09. 2024
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Recently, Israel's credit rating was downgraded as a result of the war and its effect on the Israeli society. In this video, we're going to take a look at how the Israeli economy developed over the years, why things were looking up before October 7th, and why the picture is a bit darker today.
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Don't forget the amount of financial aid and military aid they receive each year which is more than 5 billion a year.
it's more than 20 billion this year
They've received over 260bn dollars of aid since 1948. Furthermore, Israel is the ONLY country that is allowed to build weapons with American aid money, hence why their arms industry is a regional powerhouse.
It’s less than 5 and it’s nearly all credits for weapons from private American arms dealers (not money). I doubt you’re interested in facts and nuance though…
Less than 3 billion
@@ayudroid3568It's a weapon we buy and pay for, it's not for free
economy cannot survive without continuous credit and debt creation. The FED will print more money and the average citizen will go just that much further in debt. Meanwhile, foreigners lust for the greenback. Their economies are in worse condition than the Israel economy... if that's even possible. Someone is going to be left holding the bag...
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If you remove half a million of men and women from the workforce, what could go wrong? 🤔
and make yourself a pariah nation that could get invaded by a lot of extremely angry neighbours....
@@mango4ttwo635 Don't look angry to me, barking, yes, but not biting.... they've tried it in the past and got beaten badly. Majority of Arab states would rather trade with Israel openly than deal with annoying Palestinans. Jordan for example...their very existence depends on Israel, because most of their water is imported from Izrael. Anyone who has been dealing with Jews or Israelis, knows, they don't give a damn of the entire world hates and dispises them...
@@mango4ttwo635 you mean like their entire history as a country from year 1 in 1948?
Arab world has been genociding Jews long before Israel. Israel is showing actual restraint to removing the grave threat to it along it's borders.
@@anitagorse9204 you get to cry anti semitism
@@mango4ttwo635 don't forget it's tainted reputation that'll scare investors
Terrible news for the American tax payer
Why are Christiaans supporting Israel and the Gaza geno side?
@@oskadavid2964 1) They didn't and don't read their Bible properly. 2) Israeli brainwashing. Much of the "we have to kiss Israel's ass because...Jesus" comes from Israeli and pro-Israeli religious sources because even though they don't believe it they are getting free money and weapons from the West, so why not encourage it? 3) Western propaganda bought and paid for by Israel, AIPAC 4) They don't do any research to see that Christians are actually hated and persecuted in Israel. If you have more questions i can try and answer them.
Let AIPAC send their money, instead of funding US politicians.
@@oskadavid2964because of common god
@@szymonbaranowski8184like there are different God for different people? stop smoking grass kid
I'm surprised they didn't say Fitch Ratings is working for Hamas.
Watch out, you’ll make that one guy in the comments cry
@@PresidentFlipWhat's his name.
@@Justanormalcat7 AL-Ih2ht
@@Justanormalcat7 cohen stein
@@Justanormalcat7Maxwell Blinken
Cut the aid, and see what happens.
I'm surprised they didn't call Fitch Ratings antisemitic.
Lmao just proves to leftists/neonazis that credit agencies aren’t controlled by the (((Zionists)))
No because Netanyahu would be perceived as a complete joke if he tried that. As an Israeli i can tell you that people here are very aware of the economic troubles and mostly blame it on Netanyahu.
@@thetabbyguy921so why did your country elect him yet again? It's been obvious for years all he's interested in is staying out of jail & the lunatic ZionistProject. God isn't going to start the apocalypse just because Netanyahu wants it!
Oh an “antisemitism isn’t real” joke how clever and original 😂😂😂😂
@@lexibroadbent1467how about “israelis call everything antisemitic to deflect criticism” there fixed it for you.
Critising Israels' economy is antisemitic!
😂😂 Israhell made antisemitic a joke
Any criticism of Israel is anti-Semitic, but good for Isrehells bank accounts...🤑🤑
No politics here! No politics here! huh!
-Some iswrong citizens in paris Olympic
You sound the same as far right people and you don’t even realise it 😅😅
@@shae1539 what are you yapping about?
I’m shocked he didn’t say fitch was antisemitic 😂
That word has lost its meaning. If being antisemitic means I’m against genocide then ok, I’m cool with that.
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“After declaring independence in 1948”
Lol wat?
Declaring independence while you didn’t exist before 1948 😅
You know in your anology Palestine didn't exist before 1988 because they didn't technically declare it and were never an independent nationstate.
@@noahschwartz1222 nope, you re saying straight up nonsense
@@luxraider5384 They are stating facts
@@Tiasung so many bots...
That's how it works. You declare independence and then you start to exist. Israel or Palestine both weren't states until they declared independence in '48
Welp, it's official. Fitch is Hamas.
Preach bruzzer,Preach!!!
Actually Fitch is giving a huge favor to izy by not mentioning the elephant in the room. The economy is collapsing faster than what's shared in this report
😂😂😂
It's an "arm" of Hamas
Why are Christiaans supporting Israel and the Gaza geno side?
It doesn't help investor confidence when Netanyahu is vague about what a victory means and takes more steps to increase tensions than reduce them, with many inside the country asking how seriously he is treating ceasefire talks.
Kinda hard to believe he wants to negotiate when he killed the negotiator.
Why would anyone important in the opposition want to negotiate with him now?
@@rustomkanishkathe negotiators that was also a billionaire Hamas leader? No you only live in a propaganda bundle where you don’t even know cease fire offers were absurd.
@@AL-lh2ht that “billionaire Hamas leader” was also the negotiator still. Your comment means nothing.
@@AL-lh2ht him being a billionare doesn't change the fact he was the negotiator, your comment makes no sense
@@AL-lh2htA literal cup or urine could have done better job at negotiating for a ceasefire or a peaceful resolution better than that greedy stooge.
economic problems and debt means nothing to Israel because the USA sends 3.5 billion in aid every year and besides that the US corporations spend hundreds of millions in Israel
That's a very small percentage of Israeli gdp
@@User9681ethey also get or got German reparations. Also you can call it small but getting this amount of money guaranteed continuesly builds up, allowing them to diversify which makes them more money over decades. That's also how we get to this point.
@@tunahan4418 It also requires good governance to be able to use that economic aid effectively. Don't forget about the challenges they faced with multiple wars, and boycotts and mass migration. It's quite impressive what they've achieved in less than a century.
@@User9681eIsrwl depends on the West support, when this support stops, Isrwl will become like Lebanon. Everyone knows this .
@@MarkDenmark-nz2pz if you actually researched about the Israeli economy you would had a different opinion
But let's say one thing for certain just like each multi Arab army attack the Israelis won't just win rather grow economically
The US has a law that stops companies from 'boycotting' Israel. The US also funds a lot in its defence. If the US didn't help Israel as much, it would've collapsed
And if Israel's enemies didn't recieve Soviet or Iranian funding, American defense wouldn't have been needed to balance the scales.
@@neptune3569geopolitics is just elites convincing the poor to hate other poor people enough to kill them and make their elites richer
They would have resorted to crude weapons and domestic production.
@@neptune3569the US didn't have any enemies in the middle East before Israel. And why do you think you are entitled to the US citizens tax money?
@@neptune3569
Before white European Jewish Zionists invaded and occupied Palestine back in the days when they lived in their own homelands in Europe how much conflict was there between them and Palestinians, Syrians, Egyptians, Jordanians and Lebanese people?
None.
There was no such conflict and there never would have been any conflict if such an invasion had never taken place.
Think about that.
1948 was the nakba, dude don't be biased. The land was stolen from its original owners.
Don't call the brutal actions against the palestinians by ziofacists a war... at least call it a masacre.
These losers are spineless.
"israel's economy started growing after neoliberal reform"
Shows a graph where the GDP growth appears to decrease after 1980
Israel Currency Crisis in that same period. The capitalist reforms did work until this melon Bibi got into power and started spending so much on everything.
Well-
“Muh markets” ahh moment
Well the initial gdp growth came from the population increase brining in new investment
Followed by the prototypical super recession that always happens in public banking systems. This super recession is caused by the government holding up unprofitable industries in the name of job creation and short term gdp growth (like china has done recently, and even non public banking systems like the U.S. has done before recessions)
Then the oil embargo
And finally normal economic cycles brought on by neoliberal reforms
And what this graph doesn’t show you is the increased influence of Israeli industry after the 80s (because they were actually feasible companies)
@@_Itchy_Bones_ Yeah I don't have a clue about Israeli economy but I have noticed that TLDR plays fast and loose with the graphics sometimes.
A little country that has received over £220 billion FREE dollars for a population of just 9m? Throw that some money at a little country like Chile and it would go a major geopolitical power. What a joke.
The VAST majority of the money is essentially just a coupon to buy American military hardware, which goes right back into the American economy and also acts as an incentive to spend more of their own money on American weapons.
Terrible comparison with chile who has some of the most protective geography in the world and isn’t surrounded by countries who want to ethnically cleanse or at worst commit genocide against its people.
If the U.S. gives that money to chile nothing really happens, giving it to Israel means guaranteeing our democratic ally isn’t slaughter by its neighbours for their religion. HUGE difference!
@@MacTac141Their neighbors dont want to fight it for its religion. They want to fight it because its an American proxy engaged in ethnic cleansing, Apartheid and occupation.
Every dollar spent lifting up the Apartheid regime is a dollar not spent directly on Americans in direct need of urgent support.
@@Mandems973 you should learn history of the region
@@aretinocharalambos4989 i have, extensively.
@@Mandems973 Israel is an American ally and the only democracy in all of the Middle East, with more personal freedoms than any nation in the region as well. Those rights extent to all Israeli citizens, including Arab citizens who have access to the exact same rights and infrastructure as Jewish citizens.
Calling Israel apartheid only works if 1) You believe Palestine is part of Israel and Palestinians should be treated as Israeli citizens or 2) You think countries should treat non-citizens exactly the same as they treat actual citizens.
So which is it?
I used to think it was the USA using Israel, but now I am convinced it’s the other way around
Israel is the US's daddy
Why not both?
That has always been the case, just look way back at the USS Liberty "incident" and the story of how the Lavi/j-10 came about as well as the decades of military aid and political cover to do whatever they want.
Trust me , it's the USA but they're stuck with some weird politicians that make it hard for the CIA to do its job since they keep saying things, and since the USA needs to keep it words to not look weak , they're kind of following through but CIA is literally making that place unstable in hopes that they will overthrow him with no need to get out of the shadows, they're trying economically, politically and soon with the jfk treatment if that what it take or just leave it we are all misunderstanding thinks , and CIA want to destroy the liability it helped create, whatever was it . Anyway without literally the 300,000 educated Americans that work in important jobs in Israel, their economy is already beyond saving in the near future , people already start leaving and they will continue unless the sociality becomes non religious aka Europe, but that's impossible because of ultra religious Israelis that do nothing other than talk and sleep while the government takes care of them , thankfully without the educated people, the economy will collapse, meaning those guys won't be able to live that lazy life aka hopefully leaving or starving
The US would rather have world war 3 than turn their back on Israel, no matter how many atrocities they commit
Israel's economy has been historically unphased by wars. The problem is that the current government is incredibly fiscally irresponsible and not willing to cut spending on Haredi subsidies and unnecessary government ministries. The current government has managed to undo about 10 years of economic progress in just 2, which is honestly just downright impressive.
nah, israel has never had such a long and intense war before, there is good reason why it's called the 6 days war.
Unphased is nice way to say “propped up by daddy”
@@jordibt1789Yeah, this one's kinda big to say the least, but my point still stands on this. Israel's economy has been on the decline ever since this government took office, the war just accelerated things significantly.
@@ron.mexico.Israel has received 12.5 billion from the US since the start of the war. That's not an insignificant amount, but the country's GDP is around 500 billion, so the US aid is really not the largest player here.
@@ron.mexico.USA
The real reason is much more mundane, Israel is losing support from the younger generation in the USA and thus geopolitically unstable
I don't understand why the video shows footage of damage in civillian areas of Gaza while the voiceover is about Israel. Gives the impression the footage is of Israel. Puzzling.
AI video that auto selects images and videos that match his words?
He says Israel and military in the same sentence so the AI brings pictures of Gaza because that's what's trending like crazy at the moment
Because that is Israel's future.
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Credit score is anti-semite it seems
Dude think antisemitism doesn’t exist.
@@AL-lh2ht Most of it is from the Js doing bad evil things. It is a way to deflect blame at this point
@@AL-lh2ht reread the comment, not your emotional meter
@@AL-lh2ht I wish it didn’t need to exist. Unfortunately you’re still here as are millions of your brethren
I really didn't know people like you existed! @@AL-lh2ht
quick note:
while the current government said that the haredim population have to also serve in the military like every israeli citizen, they are very reluctant to do so, and are willing to even get arrested for not serving, mainly because of their lack of real education while only studying torah in their lives, some dont really feel a part of israel (quite ironically, there are some arabs who feel more attached to israel than them). as an example, out of the 900 haredi draftees who were supposed to be recruited last week, only 45 actually came to the recruitment station.
@@blood_red_igris1724 because Arabs are normal and Juden are weird
Here in the USA, people like John Bolton, who love wars never served a single day in the militaries.
Just to clarify, many haredim believe the Jewry to be in a godly-decried exile. Meaning that they cannot en masse create their own sovereignty until the coming of the Messiah. The creation of a Jewish state before his coming is anathema to their Jewish faith. Therefore the State of Israel goes against God. So to serve in an army for a state that you are fundamentally opposed to is why they would rather go to jail. It's not because they have a poor secular education.
The haredim dont believe Israel should have been founded until AFTER the Messiah appeared
@@imquantum8009why do people let religion influence politics? It never ends well
If only Netanjahu had used "Brilliant" 😅
It would have helped him making the "right" decisions 🙈
@@thepax2621 he should apologize for killing Christ
@@PresidentFlipHe can stop the genocide 🤔
Psalm 111: 10
@@ThreeArrowsThirteenStar He should apologize for killing Christ and stop killing babies, while being forced to wear a clown suit for the rest of his term in office.
@@ThreeArrowsThirteenStarthere’s no genocide
It's honestly not just about credit score. It's also about permanent reputational damage. How many countries can pretend what happened in Gaza never happened and continue to trade normally?
This is a JENOSYDE not war
Over 40,000 Small Businesses are closed and by the end of the year will reach 60,000.
Over 500,000 citizens left the country and number is growing by day.
Things are going down and they brought it upon themselves.
If Uncle Sam walks out, Israel collapses.
Yay.
Downgrade their everything rating. We are a global society and a nation can't sustain itself indefinitely without the global social license to exist...
The big threat to Israel’s economy is the huge number of dual nationals. If a war breaks out, I bet a lot of them would leave and take their money and talents abroad, leaving much less capital and human capital left in Israel. Fitch’s rating isn’t low enough in my opinion.
semi true, majority of people born in israel are mizrahi(middle eastern) jews and they hold much less capital then ashkanzi that has roots in europe
but mizrahi jews are majority of the country by around 60 to even 65%
I think Israel has the largest citizens with double nationals. I don't know any Israelis with only one National. I think almost half of the population have another citizenship as well . That have its benefit's but also its Negative effects. When thing gets difficult i imagine few will fight for an NETANYAHOO WAR
I have a dual citizenship (EU country). I'm working for the las 15 years in a high-tech/fintech companies. There will be some people that will leave the country in case of war. This is always the case, but the vast majority of people will stay in Israel. Many Israelis currently don't feel secure abroad.
@@isthissomesortofmeme8932 isreal already use a lot of pal labor imagine them losing decent amount of israel workforce
You have dual nationalities but the people of Palestine don't I wonder who the natives are? Inshallah you can all head back to your true home new jersey and Poland and Berlin 😂
israel has been the number 1 recipient of foreign aid / capita for multiple decades. The US has insane leverage over israel but they never use it or maybe they just dont realize they have it
Its simple apaice what stops US from using there leverage.
Bruv that's not true😂 it's just a Google search away from you yet you choose to spread misinformation
Israel received about 25% of what Ukraine received this year, what are you talking about
US political parties depend upon the lobby for funding.
So they make sure to buy politicians at all levels, and on both sides of the aisle, spending millions but receiving billions.
No one is gonna mess with that lobby.
@@HorizonMakesSince the Ukraine war yes, but it's not like foreign aid started with Ukraine. Israël is the largest recipient of US foreign aid over the years, this only changed after 2022 with Ukraine, bringing Israël to the second spot for the years since but not changing the total.
Let's just rename the modern period to the genocidal maniacs period?
You are talking as if USA wouldn't pour more money on them.
They would squeeze every dollar from the US citizens.
A country too inbred to keep up with modern Western standards is using it's dying breath to destroy as much as it can 😂
The US carries their tab.
The US hardly covers a fraction of Israel's budget, not even sure how that odd notion is being held by so many people
@@nrk9857it’s hardly surprising that people assume that the US bankrolls them. The US continues to support them unconditionally, even when most of their allies especially in Europe have backed off. They’re basically the only country left that seriously supports them.
@nrk9857 they don't see reason and evidence as being important to narrative
@@nrk9857 while you are technically correct, Israel pays the majority of it's own budget each year; historically speaking Israel is the single biggest recipient of US economic and military aid. So no, it's not an odd notion at all.
@@nrk9857
Because it's easier to blame us than blame themselves
Don't worry: Israel, unlike Russia, does NOT have economic sanctions and has the full support of the Americans to recover its economy.
Murica will pay. Don't worry
How do you think it even works..?
They really dont want jews back
Genocide is bad for business
Only true if you are not the US…it seems
It’s that simple 🇵🇸
27k is not a genocide.
Sometimes. It really depends on who’s playing the game.
@@mbn9672It really isn’t.
"Quick! Somebody sends $100 billion to him. He needs it"
- US Congress helping their boss, probably
Israel is not the US's boss. It's the US's attack dog. They pamper it to keep it loyal, and would drop it the moment they think it no longer serves them.
Saying Israel literally controls the US is in fact antisemitism. Then again you have no problem with that label. Your proud of it even.
That's a hyperbole. The entire US foreign aid to Israel, from the first dollar up to now, is ~300 billion $ adjusted to current figures. Most of it is marked for purchasing american-made weapons, so it is a subsidy for their local market where Israel is another beneficiary. Not a negligible amount at all, but definitely not a major player in Israel's economic story. The current lunacy, on the other hand, is.
Imagine not having healthcare in America and this is where your money goes🤮
@@darquanjrimagine not having healthcare and sending 60 billion dollars a yesr to foreign nations(much of it as military aid),only 4 of it to israel(who only gets finished american hardware),plus maintaining military presence in nato,korea,japan and the pacific. imagine that holds the petro dollar system and the sway over east asia in place. imagine all the us defense budget and foreign aid comes to 2500 usd per capita and it still leaves us gdp per capits above 90,000,and still no healthcare
I’m Israeli and the root of our problems is the incompetence and arrogance of Bibi’s government. The Haredim want more money and welfare to study in Yeshivas while not working and paying taxes. They have multiple children per family and they will be a significant burden (they already are). Also, the settler extremists are in key positions in the ministry of finance. They increased our debt by billions and we had almost zero debt 2 years ago. They give money to extremist groups and abuse their position. The “judicial reforms” are also a Fascist attempt to destroy our democracy and investors saw that already. The government׳s lack of willingness to present a long term solution for Gaza also presents uncertainty that reduced foreign investments significantly.
Well said, far too little is heard from moderate, modern Israelis these days, and far too much from the nutcases. If we extrapolate the current trends into the future, moderate Israelis will likely emigrate again because their country it falling down a spiral of extremism and violence, increasingly at the bidding of religious fanatics who refuse to work or fight, but want to dictate politics. This will leave Israel with less and less ability to defend itself, and an increasingly weak economy, until at some point, war will break out again and a slaughter of the non-fighting religious will take place. Bibi really needs to think more about where he is taking the country, instead of just giving the crazies everything they want so he can stay in power and avoid going to jail for corruption.
Educated people tend to have fewer kids
By contrast, the Haredim best try to imitate rabbits in their families. The right wing wants votes, and they're a dependable group.
I'm not saying they're not a burden, I'm just saying, they're going to be a burden for a long time.
Apart from that, yeah, Bibi wants to hold on to power and is willing to go to any lengths to keep it.
Some folks are leaving the country for their own safety but I'm not sure how well that would work.
Whatever belief in "only democracy in the middle East" or "bravely defending themselves" narrative was spun in the media has been trashed.
If tech workers leave, who will pay taxes to pay for the weapons?
@@MorningNapalmsource: I made it up
how many children have you murdered?
@@MorningNapalm I'd say far too little is heard from moderates in general. Just look at this comment section.
apartheid south africa collapsed because it became economically unsustainable. The same can happen to apartheid Israel
1. Israel not an Apartheid state and It Will not fall economically.
2. Post-apartheid South africa Is falling economically now.
@@andrealorenzato2550yes it is. Different rules for different groups. Different courts, suburbs, jobs, highways
@@tripledigit4835 An Arab judge condemned a former jewish Prime Minister. I think you have never been to Israel. I have.
@@andrealorenzato2550 the first black American attorney, congressmen and senator occurred in the late 1800s.
Would you say that the United States was egalitarian regarding race in the late 1800s.
That there was no segregation, no red lining, no grandfather clause, no wealth/income inequity and inequality?
@@andrealorenzato2550Ah yes the minority of Arabs who got rewarded for betraying their own people yh well not all Arabs have access to the vote in Israel even though the west bank is considered by Israel as its own territory
It was not a war in 1948 a side had guns and another didn't
Peace is cheap
Debatable.
but it is unprofitable for weapons manufacturers
War breeds innovation and economic development too
Peace is anti-semitic
Sure would, just a shame that the islamic powers in the region doesn't want it
the us has been footing the bill for this entire war
Satanyahu has to go
Jews have to go, stop pretending like it's only one person's fault.
Stop blaming Netanyahu. Its the entire parliament made up of Nazis. Its like demanding Hitler has to go only to be replaced by other like minded Nazis.
Netanyahu lol, but true
@@gergelymagorszecsodi443 Why are you correcting his satirical name? 🤨
As an israeli I agree
Isael has continued to defy ICJ, UN General Assembly, and Security Council resolutions.
You mean the resolution that did not include getting hostages back and surrendering to Hamas?
@@AL-lh2htOnly listening to the UN when it suites you? Alright kiddo
@@Faris-bk6xu Only listening to the UN when it offers an actually decent solution? What do you want Israel to do? The ceasfire might make sense if Israel was loosing but they clearly aren't
@@noobiamyes4853 who would make better decisions?
International judges and experts or basement dwellers like you?
@@noobiamyes4853 But they are losing..in the court of worldwide public opinion. Israel arrogantly believes that this doesn't matter but even they are coming to understand that there is a price to be paid for their murderous behavior. And it's only just starting.
its crazy when you look at the Yom Kippor War, caused oil prices to skyrocket, leading to huge inflation, and was partially responsible for the rises of thatcher and reagan (obviously theres more too it, but high inflation was a factor)
Pretty "left wing in the 1980's" 😮
Does "left" mean like National Socialism ?
😮😮😮😮😮😮😮
I think that this video is lacking and may or may not be purposefully omitting the billions of Aid sent by the USA. At no point was this mentioned and the narrative portrayed was one of total Israeli financial independence. Are you telling us the billions of aid don’t factor into their economy?
Said aid is mostly resupplying the iron dome.
@@AL-lh2htNope aid is letting you Jews artificially stay alive. You depend on us to exist, Juden
1. It's literally mentioned in the video.
2. A majority of it is not economic aid.
@@doggunn military aid is economic aid in this situation. paying for your guns = you focus only on your collapsing economy and the people leaving your country.
@@doggunn paying your military is part of economic aid since you wouldn't worry of putting percentage of your gdp on the military which would make easier for u to putt the reminder of your money into other sector .
My god... even the credit rating agencies are becoming antisemitic!!!
Nice. Step up those boycotts everyone!
As an Israeli you got only one thing wrong- the Haredim cost Billions every month not millions
Then why the F$ck is your goverment allowing this,afterall aren't you the only secular state in the middle east.
Also shalom from pakistan.
@@Justanormalcat7 Because the old testament is the only thing that gives them a claim to the land.
Judaisim was never a functional theocracy, previous ones (according to them) divided into secular and religious parts too.
@@Justanormalcat7Syria,Iraq, Jordan even Pakistan are Hella secular go check your constitution
@@Justanormalcat7 Because support of the Haredim is necessarily for the Netanyahu regime to cling to power.
5 months ago, you mentioned Israel economy was strong and would not be affected much from the invasion into GAZA. How wrong were you!
It’s almost like creating and running a modern country based on religious doctrine is a bad idea. At least Israel is fitting in better in the Middle East every day. Soon they’ll have more in common with the countries around them than with western nations.
"based on religious doctorine". we are the most secular nation in the middle esst,more gay frindly than some european union nations.we hebrews(including my mizrahi family)came back to our ancestors lands purchasing land and demanding not being treated like dhimmis. the muslims tried to remove us and engaged in mass pogroms. they lost.
"based on religious doctorine". we are the most secular nation in the middle esst,more gay frindly than some european union nations.we hebrews(including my mizrahi family)came back to our ancestors lands purchasing land and demanding not being treated like dhimmis. the muslims tried to remove us and engaged in mass pogroms. they lost.
@@netanelzion “Most secular in the Middle East” That’s like saying you’re the least dumb rock in an entire box full of rocks. Don’t forget about the people you removed, by force, from a land they’d lived in for thousands of years. Why? Well, because it’s the holy land, where your ancestors lived… two millennia ago. Their ancestors removed yours by force, too, so all’s fair, right? Please, in about 50 years time, if Israel keeps going the way it is, the only difference between it and the other nations of the Middle East will be the name of the religion worshipped there.
@@netanelzion blablabla, we are the only gay friendly county in the ME, we are the only democracy in the ME. We live just North of you, we have gay bars in Beirut and guess what, we are a democracy, but we don't have an extreme right haredim nutcases running the country. You're not secular, currently you're a joke.
“1948 , after israel gained their independence” lol really ? From whom?
The British?
The British mandate
@@michaelhaddad2190 what?? The british helped them colonize that place
@@michaelhaddad2190 read balfour declaration
@Johnny_wicked The British did everything they could to stop Jews from coming.
Also, the fact that the British used the Jewish cause to further their colonial goals doesn't make the Jewish cause colonialism.
Just remember, these are the same three ratings agencies that gave all those Subprime Mortage bundles a AAA rating right up until they exploded.
that was almost 20 years ago
What is meant by this?
@@mathyeuxsommet3119 European had settlers colonies and did practice genocidal activities 300 years ago, they still hold colonies and still practice genocidal activities today, so why would that be surprising that these rating agencies are still the same as 20 years ago?
@@dasskodly What the fuck those colonial expansion has to do with standards and poor's thinking that investing in some countries is risky ?
@@mathyeuxsommet3119 You said 'it was almost 20 years ago' to suggest that this kind of organization could change its practices over that time. I provided an example of an organization that has maintained its practices for over 300 years without change.
Netanyahu was supposed to be removed my Israelis. How convenient were the events of that fateful day for him and his oppressive government.
Egypt warned Israel that something big was cooking, but it was ignored. Also it's laughable that Bibi didn't saw this coming weeks before Oct 7.
I see this as an absolute win! 🎉🎉
Dont forget billions in charity from America
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Israel was never left wing.
It was just more capitalist then it's neighbours
Remind me again what was the rating of Goldman Sach's the day before they defaulted? 🤣
Clearly it was Khamas that lowered there score 😂😂😂
You start off with the post war borders as if that's how Israel began then refer to the Nakba as "devastating effects" on Israel's economy.
Showing both bias and your willingness to state misleading information.
When you take someone's land and forcibly displace 80% of the population, the effect is from the cause, not the resistance against the cause.
Do not call yourselves centrists or left leaning ever again, because you would be lying to yourself.
Atrocity deniers would be most appropriate, IMO.
The only biased one is you if you think a country having to take in as many refugees as it had citizens at the time won't be crippling to the economy.
Also, this is a video about Israel's economy, not about the history of the conflict so why are you crying about it?
@@thetabbyguy921 the reason they had refugees from the Arab world during that period was in response to the refugees crisis Israel caused before that occurred 🥴
@@thetabbyguy921 also you are quite literally missing the whole point of the creation of Israel while trying to defend their actions after the formation, it was created for Jews to emigrate too. It's not like the refugees lived in conditions like Palestinian refugee camps they moved to a US funded state.
@@thetabbyguy921I‘m sorry you‘re not able to take the next step in your thinking. Why not continue thinking a bit? What has caused said refugee crisis?
@@jamm8284Israel originally tried to ally with the USSR and the USA wanted very little to do with it. Only when the Arab states allied with the soviets instead did the Israelis try to work with Americans and even then it took a while before Americans started to actively support Israel, specifically a large section of evangelical Christians that do so for religious reasons. As that demographic declines the US and fewer American Jews have any interest in Israel the alliance will weaken substantially.
Finally, some good news
It's just one level and still in the A range. Not much to crow about in my book.
Your people are living amongst rubble and disease but you celebrate a news item you dont understand? Dont know whether to laugh or pity.
It’s nice to admit your hatred of Jews.
Oh you only hate 55% of the worlds Jews?
how?
@@noobiamyes4853
Seeing a pariah fail by its own hands is hilarious.
The reason for the rightward shift In Israel was because the voting population stopped being predominantly Central European and more North African. Less secular and socialist, and became more insular and nationalist.
Easy fix with another 20 billion from US
They're going to say economics is anti semitic now😂😂
Why are Christiaans supporting Israel and the Gaza geno side?
Either way Israel 🇮🇱 is going to come out of this in a major recession.
I came here for some good news for a change.
There are Israelis who are saying goodbye to Israel forever and leaving because they do not want to live in a country that is in a Netanyahu forever war!
Well these credit raters are clearly antisemitic!
Make a video on the Reclaim the Night protests going in India, we deliberately want justice to happen to the Doctor Di, who was raped and murdered in her own workplace.
Weirdly bias economic framing when talking about their “”socialist”” economy vs their deregulated economy (they were a capitalist market system during both, difference is just welfare state spending). Not sure why that is. Even the association of “big government” and “”left wing”” is weird, bias and seems to lack economic and historical literacy.
Israeli here and no, it was a socialist system not alike to the one in Scandinavia. I found their charicterization of it as 'social democratic' as somewhat misleading because of that. Israel is democratic, yes, but it's economy was more 'socialist' than 'social democratic' in that sense. I'd suggest reading up on the Histadrut, it does wonders in explaining a lot of things about 20th century Israeli economics.
@@user-xt1bz2rs4v there is not such thing as more or less socialist. it is total socialism or not . israel wan never socialist. it had a social democratic phase which is still capitalism
@@user-xt1bz2rs4v a mixed economy isn’t a socialist system. You don’t have to be Scandinavian or Israeli to understand that.
“I swear, by my life and my love of it, that I will never live for the sake of another man, nor ask another man to live for mine.” -Ayn Rand
Social democracy is capitalist, too? Talking them up too much.
Yeah we kinda are
Left-wing vs right-wing capitalism
it was more left than what people think when they hear social democracy, but it wasn't completely socialist. there were large scale government planning and a major portion of the economy was run by the kibbutzim which at the time were collectivist communes.
@@ofekcohen7147 agree way different than Third Way stuff... I really don't like modern social-democracy, we need to be more keynesian
@@BGDNMMI Modern socdems are still to the left of Keynesian economics.
Let's also not forget that a Palestinian state would be a disaster for the Arab dictatorships that surround Israel. The second the Israel/Palestine issue is resolved, these kleptocracies won't have a mysterious enemy to turn their people's anger towards, so they will likely start looking inwards. It'll be even worse if Palestine ends up a functional democracy right out the gate.
This is why they were so quick to adopt the Abraham Accords and not a single one of them has raised a finger to help their "brothers" in Gaza.They're also bitterly refusing any Palestinian refugees.
We are not refusing refugees, it’s our dictators who reject them
Nah, as a Lebanese, both the Israelis, and the Palestinians can stay the fuck out. You keep fighting but you're both the same, both certified pain in the ass.
@@sudoblue9777as Israeli I wish our countries would be at peace I really wanna go on vacation in Lebanon
@@eranhaim9913 Dont worry, when you do to Lebanon what you did to Palestine but dont expect our children to forget and not come after yours.
@@hishamalaker491 why yall do this? These groups keep killing themselves trynna kill us, cause they hate our guts and can’t put up with the fact Jews have their country and that we’re back as a people in Zion after the explosion. unfortunately normal people trynna live their lives suffer from this too, and the muslim radicals pretty much took control of society. I hope the support for the folks that trynna kill us gonna stop at some point otherwise we’re in for a rough time and they’re in for a lot of suffering… I hope they stop being this hatful and just live and let live… if oil was discovered here they could’ve sold it and bought a Lambo and they’d be chill enough to never disturb us but nah unfortunately 😂
Not doing a good job controlling the money.
All B S , All American and European money Sent to Israel ..
Israel conduct did damage its reputation, so it's likely neighboring countries would be unlikely to be publicly associated with them, which could further dampen their economic recovery.
The only democracy country in Middle East and worst in economy
Israel is literally one of the richest per capita on earth.
@@AL-lh2ht USA funding the healthcare and education for every Jew - 4 billion a year. Not mentioning their whole millitary equipment. Literally a leech on Americas body.
@@user-kw8jx8le5x You think $4B can cover health and education 🤣just education is $31B, utter clown.
Only democracy ? Don't you mean the only Apartheid in the Middle East
@@user-kw8jx8le5x less than 2.5% of Israeli GDP... most of which is guns and other military equipment which boosts American jobs
It is time to recogniae the two states and stop all these crisis. War cant continue like this forever.
Unfortunately a two state won't last either. Unless you consider two states in war as a solution.
Hopefully he can’t afford it.
Uncle Sam will pay, don't worry
@@saisamsuri I fear you might be right.
@@univeropa3363except not a single fact supports it.
@@AL-lh2ht That Uncle Sam will pay for it? What are the weapon shipments on top of the annual help then?
@@univeropa3363you mean the iron dome resupply. You don’t even know what the US gives Israelz
It’s ok guys the us will just send them more billions and billions!
7:59 Not sure if it's an editing error (it kind of sounds like a bit was cut there) or a misspeak but I think you meant to say "the fact that the current government has been *UN*able (not able as you said) to convince the Haredim to join the military doesn't bode well for future reforms that might get them into the labor market."
Yeah, I think you are right, I played that twice too, not being able to make sense of what I was hearing.
US tax payers must pay more
Free Palestine!
Bell pepper almost doubled in price. Good old Ashkenazi stuffed peppers are rarer on the lunch table now(
Oh no! Maybe they'd have a bit more spare cash if they spent less of it kinetically redeveloping Gaza.
"Kinetically redeveloping Gaza" I love that phrase.
8:15 Did he just roast the entire Israeli population and tell them to get Brilliant to fix their economy?
How do they even have debt - US taxpayers and Western tax avoiders hand them money.
I know it’s besides the point but imagine the world we would have if the US spent as much on rebuilding global south countries after centuries of colonial exploitation as it is on sustaining the Israeli project or as it did rebuilding Europe after WWII…
Israel debt-to-GDP stands at 68% post 7 of October events.
When the average OECD is 120%
Businesses are shutting down in thousands. Talented people are fleeing. An example is Intel leaving. It would be extremely difficult to sustain war and keep the economy afloat.
The Israeli economy largely depends upon the tech industry.
Those workers are getting the hell out of dodge for a reason.
Let's just hope they're left alone, it's ugly to harm people who want nothing to do with the war.
@@amolkhobaragadeintel is fucked anyway 😂😂😂😂😂...having a fab in israel.is a failed business decision.. as it costs more to salary an israeli staff than americans.
Intel is leaving Israel? That is a massive hit.
@@amolkhobaragadeIntel is not leaving, do you have any proof of this?
Wtf is from A- to A 😂. What a calculated move 😂😂😂
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No country deserves it more
Israel economic growth is credited to the unlimited money and support from the USA and the west. Their internal policies or whatsoever is irrelevant.
meanwhile in reality; "Israeli cyber firm Wiz turns down record Google offer of $23 billion"
keep telling yourself that, just accept that Israeli economic policies are better then every single on of their povery striken neigbours
@@noobiamyes4853
Doesn't mean much when it's already in its way to being another failed state.
@@dalekrenegade2596 whatever you say, just look at the difference between Israeli inventions and discoveries vs Palestinian ones and tell me which one is the ‘failed state’
@@noobiamyes4853
Can't do much "inventing or discovering" when your tech companies have already skipped town. Meanwhile Palestinians just keep showing off their endurance despite decades the of oppression.
I get thought, the arrogance of Zionists will bite them in the ass once again.
I curse that place