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#1 |
Ocean Warrior
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Israeli economy is doing relatively well.
The protest are about high housing prices and indirect taxation which is the highest in the world. Israeli average citizen has a lot of burden and obligations with relatively small revenue compared to other countries. Specially in Europe. Netanyahu did some good things to Israeli economy when moved from socialist government union mafia economy to free market but over stretched it a little bit. While some of the protests are honest and justified there is a lot of political anti "likud party" leftist never land BS in them as well. No... im not "likud" or Netanyahu fan boy. It must be the Egyptian spies as well ![]() |
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#2 | |
Ocean Warrior
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Here is some sane take on this.
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#3 |
Silent Hunter
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But are the majority of Israelis doing well?
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#4 | |
Stowaway
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#5 | |
Silent Hunter
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Their stock market and currency certainly reflect their well performing economy as well as their consumer confidence index among other economic measuring stats. 250,000 Israelis are now protesting, a very high number considering how small Israel is as a state. For each one on the street there may be at least several others who may have the same sentiment but wouldn't come to the streets. If I were to guess then I'd guess the well performing economy has brought increase prices and costs, the same thing that is happening in Australia and China for example.
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#6 | |
Stowaway
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#7 | |
Silent Hunter
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But they are still enjoying growth and even bigger growth can be expected to come thanks to the gas field.
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#8 |
Ocean Warrior
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Its all relative.
We are not living as well as some western countries because paying indirect taxes and expenses that are between the highest in the world. Very little of those taxes return to average citizens. People are sort of tired of paying taxes like Sweden spending like in Dubai and getting social benefits like in USA. (not really like USA but close) Its mostly because Israeli high defence spending vs relatively small market. Still real issue is housing coasts which are unrealistic everything else its background noise of all different groups. Last edited by MH; 08-06-11 at 06:08 PM. |
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#9 | |
Silent Hunter
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![]() It seems you're not getting to the streets. I got the impression you're young. So . . . you're not one of those coming to the streets? Things are doing well for you and you have no objection?
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#10 | |
Ocean Warrior
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![]() Corrupted and heretic? ![]() I'm not young but try to stay so lol. I work in two jobs in private sector and don't have time for that. Got divorced have to start all over again. Life is not that bad here but sometimes you have to bust your ass and i hate it lol. ![]() If things don't work out i get myself a nice house in west bank-just to piss off Tribesman lol |
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#11 | |
Silent Hunter
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#12 | ||
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Besides which you have to take out all the exploration and development costs then all the tax write offs before you start to count it as real. Quote:
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