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🇮🇱 Israel’s economy is COOKED! 🇬🇧 #UNITED_KINGDOM | Jul 26, 2024 | UNITED KINGDOM
10 months of war in Gaza is more than Israel were prepared for, but with Netanyahu refusing to end it, their economy now verges on collapse.
Right, so Israel’s economy is tanking and tanking fast, in fact tanks are a good item to bring up, because they’re running out of them!
Their war in 🇵🇸 Gaza continues to rage on 🇮🇱 🥊 Benjamin Netanyahu cannot countenance ending things lest it dump him out of power, but what exactly he’s going to continue to preside over is another question entirely, because without an economy, Israel has no future.
It actually casts a whole new slant on the ongoing genocide, which now sees the likes of Israeli newspapers and the BDS Movement on the same page as each other, as more and more politicians around the world shift their opinions and stances on the ongoing destruction going on in the Middle East, as 🩸 Netanyahu expands his atrocities, his warfare and doesn’t wind it down. So much of the support Israel has had, to many ordinary people’s eternal shame, has been as a result of keeping that ally, that footprint, that platform in the Middle East for Western powers, but if they go bust, as Netanyahu seems determined to spend whatever is necessary to ensure his ridiculous total victory over Hamas, which he’s been told repeatedly cannot be achieved, what the likes of the US, the UK and the EU have continued to enable isn’t assisting Israel to win, but has actually just carried onwards to now be verging on the edge of being a failed state.
Right, so Israel’s economy. Without it being strong it cannot continue to functionally operate as a state and certainly cannot carry on it’s genocide in Gaza, that much is obvious, but the situation there is a story that’s gone grossly underreported in light of all the violence, death and destruction of Gaza and actually this is something that has to be addressed, because it’s demonstrated that not only is Netanyahu determined to destroy Gaza, his actions show he is hell bent on destroying Israel if that is what it takes to win. It would be an abject symbol, right up there with the clapping of Netanyahu as we saw in Congress in the US this week, sickening scenes that will go down in history, already being compared to similar scenes from 1930s Germany, if Israel as a nation collapsed under the weight of it’s own crushing debt and economic mismanagement by a man who is completely consumed with the destruction of another race, namely the Palestinians.
When commentators talk about Israel’s economy and the impacts on it, often as a result of the news coverage, it often gets looked at in terms of the Houthis attacking shipping, half the staff in the southern port of Eilat for instance having been laid off because of this interference in support of the people of Gaza, which has of course now prompted several military responses against the Houthis, including by Israel itself after a successful Houthi drone strike in Tel Aviv, but that isn’t really the full story.
Israel’s economy is incredibly reliant on sea trade. It does not have good relations with it’s neighbouring countries that it might more readily trade with, possibly one of the biggest understatements going!
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