Zionist economy heading for disaster, experts warn
NOVANEWS
A report released by the Taub Center for Social Policy Studies in Israel shows the country has the highest poverty rates among OECD countries and faces “worrisome trends” that could have disastrous effects on its growing population.
According to the Picture of the Nation 2017 report, with Israel’s aging population and rising costs across the board, its “current sources of economic growth are not sustainable.”
The country ranks 22nd out of 34 of the OECD (The Organisation for Economic Co-operation and Development) regarding GDP and takes the 24th spot within the market income poverty rate. Among developed countries, Israel has the highest percentage of its population living below the poverty line.
“The past year has seen a decline in unemployment and a large rise in GDP,” but...