Tuesday, April 27, 2021

Israel, Developed

 

Forbes magazine ranked Israel number 20 among the wealthiest/developed countries by Gross Product per Capita. It is an artifact of the overvaluation of the sheqel and the worldwide depression caused by the epidemic. Anyway, it is an impressive expression of the success of Israel and the Zionist movement that built it. To emphasize how impressive this is, just remember that when I arrived in 1976 I received ration cards from my employer Tahal, had to buy eggs in the black market, and in general, people were poor. I had a hard time deciding if to buy an apartment here, as was unsure that Israel would last. 

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