War and the Israeli economy
M.J. Rosenberg has this assessment on his blog of the cost to the Israeli economy if Netanyahu chooses to go to war with Iran:
“According to a report issued by BDI, the largest business information consulting group in Israel, the cost to the Israeli economy would be $41.75 billion, a fifth of the country’s total GDP. BDI extrapolates that estimate from the cost of the 2006 Lebanon war, which cost Israel 1.8 % of GDP.”
Rosenberg’s conclusion: “Simply put, the idea of Israel bombing Iran, rather than permitting (given political constraints, Israel’s permission is necessary) the United States to initiate unconditional and comprehensive negotiations with Iran is insane. What kind of leadership would risk one-fifth of its GDP (not to mention its people) rather than negotiate? That is especially true when there is absolutely no consensus in Israel favoring war.”
No doubt the deficit hawks in the U.S. Congress will be happy to supply the missing $41.75 billion!
What kind of negotiations can be conducted with an enemy publicly sworn to wipe you off the face of the earth? Are you thinking that those threats are mere hyperbole? Israel faces being destroyed by irrational imbeciles. Which is to be preferred: No survival or survival with only four fifths of GDP?
It would be a blessing if the threats of both Israel and Iran were hyperbole! Both are rational actors ratcheting up irrational threats.
How much money is survival worth? Odd logic.
DS: What’s the logic question?
Any talk/posts/comments about an Israel /Iran war that do not mention Israel’s 200+ atom bombs and excellent delivery system is bunk.. it should be labeled bunk and the poster be sanctioned for posting bunk. To paraphrase Ed Abner ‘ I hate bunk’
EG: Yes Israel has 200+ nuclear bombs. You think they’re going to use them?
Ieraeli’s 200+ will keep the Iran from any action and those that keep mentioning Muslim mad men destoying Israel are just hyping noth.War hypers most likely never served.