Economic Discussion in Israel

What will become of this country, huh? The economy is collapsing.

This Bibi has ruined us.

That’s not accurate. According to the International Monetary Fund, Israel’s growth forecast

is the highest among OECD countries.

Fine. Why are you lecturing me about economics now?

Good thing you didn’t start a podcast here.

Fine. So inflation has dropped. One and a half percent, among

the lowest in the world.

But what about the employment rate? People here aren’t working—

Fine, unemployment is low. Two point eight percent.

Do you know that’s considered almost full employment?

But where will the money come from? People don’t want to invest in Isr—

Fine. So investments in Israel have risen to an all-time

high. And that’s during a war. Investors believe in us.

Yeah. But what about...

Exports?

Fine. Exports are also at an all-time high.

We’re a technological and military powerhouse.

Yeah, b-but what about the stock market? Why is everything crashing there—

Fine. The indexes have gone up a bit. The main indexes on the Israeli stock exchange

have risen by more than one hundred percent in three years.

Yes, but who can even invest in the stock market when salaries

are only going down?

Fine, so wages went up. They rose by more than seven percent, outpacing

inflation and leaving more take-home pay in your pocket.

Yeah, but when I've got a mortg—

Fine, so interest rates went down. In three cuts.

Today, you're paying significantly less on your mortgage.

But what's that worth if real estate prices only keep rising?

Fine. So real estate prices went down. Under the previous government, they rose

by more than 20 percent in one year. Now, that increase has been halted

under the current government, and prices have started to fall because more is being built.

Fine, but what about the…

What about the…

What, what, what about Eurovision?

What's second place?

Only Likud. Get out, vote, win.

Israel, yeah!