Israel’s Economy Heads to Bankruptcy

Israel’s economy is heading towards bankruptcy. Spending and borrowing are rocketing to finance the mounting cost of the Israeli war on Gaza, and credit rating agencies have downgraded Israel for the first time in its history as the war on Gaza damages almost every sector of its economy.

More than 40,000 Israeli businesses are likely to go bankrupt in the coming months, while tourism has ground to a halt and consumption, trade and foreign investment have all slumped.

Any regime that commits genocide also commits suicide‼️

“There is no coming back from this” Shir Hever, a political economist who grew up in Israel.

46000 businesses have shut down.

Israelis have shifted their Investments out of the country.

People are fleeing Israel.

I… pic.twitter.com/zjidoR3EUw

— Earth Hippy 🌎🕊️💚 (@hippyygoat) September 10, 2024