29 January, 2016
The backlash against mass Moslem immigration into Europe has begun. It was held up for years by the dominant liberal ideology, but it has finally been unleashed by recent crimes committed by immigrants. Europe will now reap the whirlwind, with European Jews being blown willy-nilly to the Jewish state — which is unaware of the challenge facing it
29 January, 2016
25 January, 2016 Originally posted on Wharton university website- knowledge@wharton The Israeli economy turned in another solid performance in 2015. The country’s Central Bureau of Statistics (CBS) published on December 31 its traditional year-end preliminary estimate of economic growth, which showed GDP expanding at 2.3% — slightly down from the 2.6% recorded in 2014. The main driver of growth is now […]» Read more
22 January, 2016
What matters most in the oil price collapse is not how far the price falls, but how long it stays low. Oil-producing countries with nothing in common beyond their excessive dependence on oil all failed to diversify their economies. They are now unable to continue provide their citizens with cheap bread — or even circuses like the World Cup.
Bottom line: Israel has moved steadily deeper into negative inflation — with the difference between this euphemism and outright deflation gradually evaporating. The second successive year of negative inflation — the CPI fell 1% in 2015, after 0.2% in 2014 — and the prospect of more of the same in at least the first part of 2016, makes the Bank […]» Read more
15 January, 2016
The conspiracy theories advanced to explain the collapse in oil prices are silly nonsense. The end of the Chinese growth story has gutted oil and all other commodities. But this mega-event is having — and will continue to have — huge consequences across the world, to the point of undermining the supposed pillars of the current world order.
January 11, 2016 Bottom line: The budget deficit for 2015 — NIS 24.5bn., or 2.15% of GDP — was much lower than forecast. That result reflects many factors, including surging tax receipts for most of 2015, restrained expenses and a few positive one-off developments. However, the declining trend in the deficit / GDP ratio, from a recent peak of 4.3% […]» Read more