"I was surprised by two main findings. Israel is rated in first place in macroeconomic stability indices. This impressive result reflects fiscal and monetary discipline enforced here over the years, as reflected in sustained low inflation and a substantial reduction to 61% in the ratio of public debt to GDP. The second surprise is the extent to which Israel actually has at least two economies: the technology industries and all of the rest, leaving us in only 45th place overall in the rate of technological adoption. The great paradox is linked to the question of whether we really are the startup nation."Leo thinks the bourse is not overly expensive relative the low interest rates. Prices will not fall while interest rates are close to zero. He has such a strong Cordobes (provincial) accent that I could not stop laughing.
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