Israel's Economy: A Collapsing 'Zombie Economy' Propped Up by US Guarantees

The Israeli Economy: A 'Zombie Economy'

• 💡 Experts describe Israel's economy as a 'zombie economy' due to its collapse, with no sane person willing to extend credit.
• 📉 Economic indicators and professional analyses suggest the Israeli economy has effectively ceased to exist in a functional sense.
• 🏦 Bonds issued by Israel are sold for political reasons, not based on its ability to repay, with the US acting as a guarantor.

Economic Indicators and On-the-Ground Reality

• 📉 Foreign investment has declined, over 40,000 businesses have closed, and one of Israel's four major ports is facing bankruptcy.
• 🚢 There has been a nearly 35% decrease in imports and exports over the last year, indicating a perilous economic position.
• ✈️ Tourism has plummeted by approximately 75%, leading to deserted tourist sites like the Mount of Olives and the Church of the Holy Sepulchre.
• 🏨 Restaurants have laid off staff, and hotels have experienced a severe lack of guests, with some facing closure.

Impact on Palestinian Workforce

• 📉 A significant portion of the Palestinian workforce, previously employed in Israel, is now unable to work there, leading to 60% unemployment in the West Bank.
• ⛓️ This exacerbates the existing economic strangulation faced by Palestinians.

The Role of US Financial Backing

• 🇺🇸 The United States' role as a guarantor of Israeli debt allows Israel to continue its military actions despite economic collapse and international isolation.
• 📈 Israel has seen a 300-400% increase in issued debt over the last 13 months, with these bonds being bought due to US backing.
• 🌍 This financial support enables Israel to disregard international law and continue military campaigns, acting as a 'parasite nation' supported by the US.

Disinformation and Capitalist Dynamics

• 🧠 The Israeli economy is characterized as a 'disinformation economy', where perceptions and future predictions, rather than material realities, influence market values like stocks.
• 🎭 This allows the 'zombie economy' to persist despite a lack of underlying economic vitality.
• 🤖 There is speculation about a potential transition to digital currency, with US backing, as part of a broader strategic shift.