In recent news, Iran launched a direct attack on Israel, which led to Israel’s successful interception of drones and missiles. Despite this, the possibility of an Israeli retaliation remains uncertain. David Blumberg from Blumberg Capital discusses how the Israeli economy is faring in light of these events.
Blumberg notes that Israelis are no strangers to facing challenges and have managed to consistently grow their economy over the past 25 years. He points out that Israel’s GDP per capita stands at $54,000, which is higher than many of the world’s largest economies. This suggests that the Israeli economy is resilient and able to thrive even in the face of adversity.
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