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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