Israel s economy is growing by only 2 and the costs of the Gaza conflict are reduced, but the financ

Mondo International Updated on 2024-02-25

Kunpeng Project

Israel's economy is growing by only 2 and the costs of the Gaza conflict are reduced, but the financial risks are not as good

War is a costly project, and in the war between Palestine and Israel, the Israeli military's determination and determination are to let their money bags retreat one step ahead.

The official economic figures released by Israel for 2023 indicate that the country's GDP increased by 2% compared to the same period of the previous year. In particular, due to the ongoing Palestinian-Israeli war, Israel's real growth rate through the fourth quarter of next year is -194%, which is obvious.

In the fourth quarter of last year, the country's economy shrank by almost 20 percent, but it is clear that Israel can still achieve an overall growth rate of 2 percent per year. Institutions such as the Bank of Israel** had anticipated this for a long time, and this time the figures were largely in line with last year's report.

For some, Israel was able to continue to maintain a healthy economy in the midst of the war, something that many did not expect. This is much better than what Ukraine has suffered in the Russian-Ukrainian war.

According to Israel's calculations, the Israeli-Palestinian conflict began in October last year, while Israel's overall economic growth rate has been from the pre-war period to the present, not including the post-war GDP growth.

Let's take a look at Israel's recent economy, where GDP has grown by 8 percent since 20216%, an increase of 65%, an increase of 2%, and there was a noticeable decline in the country as a whole, especially in the fourth quarter of last year, when GDP fell by 20%.

As things stand, coupled with Israel's war, Israel simply cannot sustain the future, and if the Israeli army continues to attack, then 2024 will be the worst year for the country.

In fact, it is not surprising that Israel has been able to get to this point.

Israel is a board in the Middle East, and their way of fighting is very similar to that of the United States, but again, they are also very rich. When Israel first attacked Afghanistan, it would drop several bombs at a camp when it saw it. There used to be many military professionals who had a view of the US ** team that they spent millions of yuan, but only smashed a few broken tents, showing their financial strength.

The same is true for the Israeli army. For example, in the war between Gaza and Hamas, Israel drops a large number of missiles every day, and they are all high-precision missiles worth hundreds of thousands of yuan, counting fuel and supplies, according to the calculations of the Israeli ** bank, they spend 300 million a day.

Everyone knows that Israel is not a big country in the first place, and if it is used in such a way to conduct a war, it will be a huge expense, and in a few days, they will lose their fighting spirit.

First of all, Israel's rise is simply too fast, and if it goes to war, it will inevitably have a huge impact on the country's economic development.

Not to mention the direct ** in the war, every war requires conscription, and Israel also recruits 300,000 soldiers, while Israel only has a few million, so most of the labor is invested in the war, which has greatly affected their economic development.

In addition to this, the Houthis have also imposed a closure near the Red Sea, which has caused a huge shock to Israeli exports and imports. This is due to this embargo, which saw both Israel's imports and exports decrease by 424%, imports decreased by 183%。

The Israeli-Palestinian war will gradually collapse Israel's economy, and until now, the Israeli army has been trying to attack the city of Rafah, the southernmost part of Gaza, so that they can prevent the Hamas army from gaining more **. And even if the Israelis cut off the railway in more than two months, will the battle be over? Will Israel stop its losses?

And Netanyahu himself has said that if Israel wants to completely get rid of Hamas and Gaza, it will have to wait at least until after 2024, and Netanyahu is right, then Israel will definitely continue to do so.

In other words, although Israel is rich, sooner or later they will live on loans, like Ukraine. But it has to be said that the United States is obviously more inclined to hand over this money to Israel than Ukraine, because Israel's influence and influence in the Middle East far exceed that of Ukraine.

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