This war the Jews are waging in Gaza is obviously not good for the Israeli economy. JPMorgan is projecting their economy is going to shrink by 11 percent because of the war.
Israelโs economy may shrink 11% this quarter, JPMorgan says https://t.co/rZmXWIaWyH
— Bloomberg (@business) October 29, 2023
This is probably a fair assessment, of course it could shrink even further depending upon how the war progresses.
People are obviously not going to want to do big investments in a place that is at war and surrounded by enemies that could jump into the war at any moment. Plus, the public relations factor of doing business in Israel is something else to consider.
There’s also been calls for Turkey to cut off Israel’s energy supplies.
๐น๐ท๐ฎ๐ฑ Drop a like if you think Turkey should CUT OFF all oil & gas flow to Israel! pic.twitter.com/EvZ0ZnGGcF
— Jackson Hinkle ๐บ๐ธ (@jacksonhinklle) October 29, 2023
๐น๐ท๐ฎ๐ฑ ONE MILLION barrels of OIL are scheduled to flow from Turkey to ISRAEL.
STOP THE ISRAELI TERRORISM @RTErdogan #NoOilForIsrael pic.twitter.com/tBFvHXh7dY
— Jackson Hinkle ๐บ๐ธ (@jacksonhinklle) October 29, 2023
I fully support this. No modern war machine can operate without energy supplies.
Israel is incredibly isolated on the world stage now. They had few friends are finding themselves with even fewer allies considering the genocide they are doing in Gaza. The only allies they have are countries who have governments that have been subverted by Jews. This does not bode well for their economy or the future of Israel itself.