In recent news, Iran launched a direct attack on Israel, resulting in the successful interception of drones and missiles by the Israeli military. Despite this, the possibility of an Israeli retaliation remains uncertain. David Blumberg, from Blumberg Capital, discusses the current state of the Israeli economy in light of these events.
Blumberg notes that Israelis are no strangers to facing challenges, as they have experienced multiple crises over the past 25 years and yet have consistently grown. Israel’s GDP per capita stands at $54,000, which is higher than some of the world’s largest economies. This indicates that the Israeli economy has shown resilience and adaptability in the face of adversity.
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