Thursday, August 05, 2010
Israel is prospering
The State of Israel has 64 billion dollar reserves. It is not so much compared with China, Taiwan, Singapur, but it should be remembered (and I do remember) that this country was striving for "economic independence" only ten years ago. People (myself included) was very sceptical that this country could survive without World Jewry's donations and American assistance. Yet we are prospering, at 30,000 dollar per capita GNP, not far from the European Union's average (that is, we compare with Britain, Germany, Sweden). Pic.: When I came to Israel, you had to have "tlushim" (permits) to buy eggs. Difficult to believe now, but am of the generation that experienced going to chicken farms (not far from Kever Benjamin city) to buy eggs (it was done in semi-secret, I think in my times there was no more rationing, but people continued behaving like that for long time after. TAHAL, the water company I worked for, had a company store in Petach Tikva and I had a ration card. That was in 1976).