The End Game: Is Israel's Economic Meltdown Signaling Its Ultimate Collapse?

Sep 6, 2024 - 07:19


The illegitimate regime of Israel has a relatively thriving economy, boosted by the United States and its Western allies; however, it remains highly fragile given its small population, confined geography, and tattered socio-political fabric—features that collectively serve as the Achilles' heel of its financial system.


Although Israel has barbarously unleashed its military force against the defenseless civilians in Gaza, any escalation in the scope of the conflict is likely to inflict irreversible damage on its economy.


All figures indicate that Israel’s economy is in free fall; nearly 45,000 jobs lost and Pension funds teetering on the brink of insolvency.


The conscription of the workforce diminished Israel's tax revenues. Furthermore, a decrease in low-cost labor, primarily provided by Palestinian workers, presents formidable challenge for the regime's economy.


Also, global sanctions have dealt a heavy blow to Israel's construction industry. Compounding this crisis is Israel's heavy reliance on coal for electricity generation; worsened by Colombia’s recent ban on coal shipments to Israel.


Amid all these crises, the reverse migration of Jews is seen as sealing Israel's ultimate doom.


Today, almost all political scholars classify the threats facing Israel as existential.