Israel's Economy Amid Terror Wave | Prof. Karnit Flug

Prof. Karnit Flug, Former Governor of the Bank of Israel & VP for Research at IDI on Israel’s economy amid terror wave, and trends amid war in Europe and the global pandemic.

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JPC is giving the journalists covering Israel access to Israeli decision makers, analysts, doctors, scientists and experts in various fields including security, the middle east, politics, foreign affairs, covid-19 and more

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[willielee]

@The city of the King, Paslms 122:6.
Pray for the peace of Jerusalem:
they will prosper that love you.
God bless us on our journey!!!

[thecowfy]

Perhaps do something about the terrible voice quality with that echo with Flugg’s speaking.

[coreysmith]

The United States should end military aid to Israel..



1. Israel can pay for its own military. Israel has a strong economy, an excellent international credit rating, and runs frequent budget surplus. Israel ran an annual surplus of more than a billion dollars six out of the last ten years.

2. Military aid to Israel is a security risk. Israel is a major supplier of military technology to China. These sales have been instrumental in the modernization of the Chinese military. Israel developed the Lavi fighter from American technology with 1.5 billion in American subsidies. Israel sold the Lavi fighter to China. It is now called the J-10 and is the mainstay of the Chinese Air Force. Israel has also sold China missile guidance systems, , advanced radar systems and targeting systems.

3. Israel is a diplomatic liability.

4. Military aid to Israel is illegal under the Leahy Law because of Israel's human rights violations. Any aid to Israel is illegal under the Symington amendment which prohibits aid to nations with nuclear weapons that have not signed the nuclear non-proliferation treaty and do not permit inspections of their nuclear sites.