Jimmy Dore and guest Ryan Cristián of the Last American Vagabond discuss Israel’s deepening economic crisis, noting a 3.5% GDP drop, collapsing investment, and reports of 46,000 business closures since October 7.
They also highlight Florida legislation forcing local governments to buy unrated, high-risk Israel bonds after U.S. credit agencies downgraded them, with billions already purchased by Dade, Broward and Palm Beach Counties.
The conversation frames U.S. guarantees of Israel’s debt as taxpayer-backed subsidies that mask financial instability, comparing it to disaster aid conditions tied to pro-Israel stances.
The two suggest this may be part of a larger financial setup tied to a “technocratic transition” toward digital currencies, while criticizing bipartisan big-government spending that props up failing policies abroad.
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