Melt Down Imminent Of The Zionist State
By
Mohammed Khaku, New Age Islam
23 August
2024
The Downfall Of The Zionist State Is In Motion
Without Any Missiles Fired From The Resistance Forces. This Is Not The Calamity
Or Misfortune But Seventy-Five Years Of Iniquities Of Ethnic Cleansing,
Occupation, And Oppression Of The Palestinians
------
Israel on
the Brink of an Economic Crises while thousand IOF abandon their post and
millions immigrate to Europe, Canada, and US.
Israeli
President Isaac Herzog when addresses a joint meeting of the U.S. Congress
said, “Israel’s first 75 years were rooted in an ancient dream.”
A group of
about three hundred senior economists appealed in a letter to Prime Minister
Benjamin Netanyahu and Finance Minister Bezalel to reconsider spending
priorities to cope with a looming economic crisis during the ongoing war with
the Hamas.
“You do not
understand the magnitude of the economic crisis that Israel’s economy is
facing”, senior economist warned in the letter. “Continuation of the current
conduct harms Israel’s economy, undermines citizens’ trust in the public
system, and undermines the State of Israel’s ability to recover from the
situation it finds itself in.” The renowned economist NourielRoubini, who
predicted the 2008 financial crisis, tells Haaretz the real threat to Israel,
is ‘You're Playing with Fire.”
The World
Bank, IMF and G9 have urged cease fire to prevent the collapse of the Tel Aviv
Stock Exchange (TASE) and Shekel. The financial markets remains precarious. The
conflict is expected to cost Israel around 255 billion shekels ($70.3 billion)
by the end of 2025, equivalent to around 13% of GDP, according to the Bank of
Israel. Israel’s stock market and currency has been dropping, The TA-35 index
is on downward spiral, shekel is falling and there is the fear of run on the
banks. The ten months into war, BDS movement, economic factors and political
turmoil within Israel is the cause of the collapse of the economy. It is uncle
Sam who has come to rescue, but American taxpayer have realized that Zionist
Israel is milking the US taxpayers.
The
downfall of the Zionist State is in motion without any missiles fired from the
Resistance forces. This is not the calamity or misfortune but seventy-five
years of iniquities of ethnic cleansing, occupation, and oppression of the
Palestinians. Dr. Martin Luther King “The Arc of the Moral Universe Is Long,
But It Bends Toward Justice.”
One cannot
imagine the financial toll the BDS movement has befallen on the Zionist regime
that looms to downfall of the Zionist state. Moreover, the intellectual drain
due to unending war and over fascism by the right-wing government of Netanyahu
is the great concern to the world bank and financial analyst.
Mondo Weiss
compiled what data available on the Israeli economy and the picture is very
depressing and grim. Forty-six thousand business have gone bankrupt, tourism is
stopped, Israel’s credit has been downgraded, Israelis bond are junk bonds,
foreign investment has dropped by 60% and Israel pension funds and investors
are moving funds to Middle East and Asian stock markets. Soon the stock market
is going to collapse. It is only surviving because of the US treasury - tax
dollars pumping money to keep it afloat.
The financial
data are not available, however in the final quarter of 2023, consumption
dropped by 27%, investment declined by 70%, and 70% percent of Israeli tech
firms are facing disruption, or downsizing or about to close the business. As
of the last quarter of 2023 imports of goods and services fell 42 per cent, and
according to Liam Peach, senior emerging markets economist at Capital Economics
say exports declined 18.3.%. and GDP plummeted in annualized terms and 26.9%
drop in private consumption. Fixed investment by businesses tumbled 67.8% and
driven to near halt in last three months.
The biggest
blow is that Intel is pulling out of a planned $25 billion investment in
Zionist state while According to the Ekō report, French multinational insurer
AXA dump over 2.5 million shares, worth $20.4 million in Bank Hapoalim, Bank
Leumi, and Israel Discount. While the investors are pulling out of the largest
weapons manufacturer Elbit Systems. Any defence contractor complicit in the
ongoing genocide are the target of resistance and the BDS movement. Elbit is
closing its offices in the UK and Europe.
The domino effect is in motion.
However, the Zionist government is preventing the bad news. Mando Weiss
reported that Israel's power grid was switched to Natural Gas because the
biggest supplier of coal to Israel - Colombia has announced that it would
suspend coal shipments to Israel due to its ongoing genocide. Gas supply from
Russia or US are also not guaranteed if the wider war erupts.
The
economist have predicted that there is no sign or prospect of the economy
recovering as over millions of people have left the country and investment has
been diverted across the globe. Israel own investment as well as pension funds
are not invested in the local companies due to the amount of bankruptcy. The
Times of Israel has found that 60,000 businesses might close before 2024, that
is a greater impact than the covid pandemic shutdown.
Frankly,
this is unfathomable when Israeli workers have been called up to participate in
the Gaza annihilation because the Israel Occupying Forces (IOF) and reservist
are deserting or leaving the country. Tech, tourism, and construction has
completely dried up. Türkiye has announced a ban on exports to Israel further
crippling the construction industry. The resistance forces Houthis have
successfully blocked the shipping leading to 250,000 Israelis displaced.
Houthis
targeting shipping has cause disrupting military fuel transit to Israel. The
fuel is carried at the expense of US taxpayers by US flagged tankers like
Overseas Santorini and Overseas Sun Coast, with each tanker carrying enough
fuel for an estimated 12,000 flights of Israel's F-16 and F-35 aircraft. In
April 2024, UN Human Rights Council passed a resolution expressing deep concern
over the use of jet fuel by Israel to commit violations of international law.
The war has
triggered a steep increase in government spending, which rose 88% in first
quarter. Alongside direct spending on the war, the state is also subsidizing
housing for 150,000 Israelis evacuated from homes bordering Gaza, Golan
heights, and Lebanon, as well as providing financial support to workers of
business closed.
With the
attack imminent by resistance forces, fear and panic is set in where Israeli
reside in the bunkers not going to wok nor knowing when ceasefire will be
implemented. Time will tell when Zionist state collapses.
The
right-wing riots that broke out in Israel to protect the right of Israeli
soldiers to rape and torture Palestinian detainees and the violence in the West
Bank by the illegal settlers is the major concern at United Nations. The
lawlessness in Zionist State is the cause of concern where many countries are
thinking to cut ties or do business with Zionist State which approves the
violence, confiscating Palestinian land, torture, and rape. The present
right-wing regime want to dismantle the judicial system to create a Jewish
supremacy of untouchable Zionist with impunity to all crimes and laws on the
ideology of antisemitism and right to defence. Antisemitism or right to defence
has no value or is meaningless.
The Zionism
has taken over the state of Israel and the racist Ultra-Orthodox members of
Israeli society are increasingly represented in terms of governing ideology but
do not contribute too much to society they tend to have large families, bang
their head against the Western Wall, depend on government welfare and receive
religious exemption from military.
According
to Mondo Weiss an Israeli Economist Professor Dan Bovid says that less than
300,000 people together holds the Israeli economy. The senior staff in
universities, defence contractors, tech companies and hospitals once a sizable
portion of these people leave, he says we will become a third world country.
The Exodus has already begun? Yes, according to the Times of Israel. Why would
scientists, professors, doctors, academicians, and intellectuals risk the lives
of their family in this conflict where there is no two-state solution or peace?
Substantial number of the Israel hold dual citizenship, this war has by far
unintentionally helped to galvanize a force that could destroy Israel, and we
may be watching in real time as Israel collapses under the weight of its own
internal divides, genocide, revulsion to apartheid and ethnic cleansing.
God Bless
the Jewish people and the organization who are speaking Up! Silent No More!
----
Mohammed Khaku, who lives in Upper Macungie
Township, is active in the Islamic community of the Lehigh Valley.
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