Where do we go from here? The alternative scenario
In sharp contradistinction to the mainstream, the alternative scenario has as its starting-point the fact that the Israeli economy, and the pre-state Mandatory economy before it, has a long-established pattern of counter-cyclical behaviour vis-à-vis the global economy. I stress the words ‘fact’ and ‘established’, because they are crucial. To support them, let me briefly summarise the economic history of the […]
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