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Serious now Jews are broke and starving and begging, Israel economic slum reported!

Huat A Fuck!

Alfrescian
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https://www.rt.com/business/390047-israel-economy-threat-research/

Israel’s economy heading for disaster, experts warn
Published time: 29 May, 2017 10:18
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Israel’s economy heading for disaster, experts warn
Israeli man begs for charity in downtown Tel Aviv © Uriel Sinai / Getty Images
A report released by the Taub Center for Social Policy Studies in Israel shows the country has the highest poverty rates among OECD countries and faces “worrisome trends” that could have disastrous effects on its growing population.

According to the Picture of the Nation 2017 report, with Israel’s aging population and rising costs across the board, its “current sources of economic growth are not sustainable.”

Our most popular publication of the year, released today! Click to flip through the booklet: https://t.co/YFaPsP4PQspic.twitter.com/kUANLyvM1Z
— Taub Center English (@TaubCenter) May 28, 2017

The country ranks 22nd out of 34 of the OECD (The Organisation for Economic Co-operation and Development) regarding GDP and takes the 24th spot within the market income poverty rate. Among developed countries, Israel has the highest percentage of its population living below the poverty line.

“The past year has seen a decline in unemployment and a large rise in GDP,” but “unfortunately, it appears that this positive trend will not continue and new sources of growth must be found,” said the report.

The Taub Center also described Israel’s four percent GDP growth as an “outlier and not a trend.”

Relative poverty rates. By country. @OECD chart https://t.co/bCgekJ2bqFpic.twitter.com/f7O0VAaOag
— Paul Kirby (@paul1kirby) October 18, 2016

A separate report which was released earlier this month by the Shoresh Institution for Socioeconomic Research looked at economic trends over the entire 69-year history of the country. It concluded the economy shows deep-seated and long-term shortcomings that threaten to weaken the army and constitute an “existential threat” to the country’s future.

In terms of GDP, Israel has been falling further and further behind the G7 average since the mid-1970s, with a more than threefold increase having developed in the gap between them. This, according to the report, “reflects steadily widening disparity between what an employed person living in Israel can attain and what that person could attain in the countries that are pulling away from Israel.”

#Israel’s poor getting poorer, income gap among largest in developed world, new data shows http://t.co/oDmBwrt5FXpic.twitter.com/0MQ4rBByVJ
— RT (@RT_com) June 18, 2015

Professor Dan Ben-David, founder and chair of the Shoresh Institution and co-author of the report, has warned if Israel’s Prime Minister Benjamin Netanyahu “continues to ignore the future” the country could be facing a catastrophe of massive proportions.

Netanyahu has recently held some meetings with Israeli media outlets, claiming the reports do not reflect “what the public feels.”

“It is an industry of despair. Where they see unemployment, I see full employment. Where they see an economy in ruin, I see a flourishing economy. Where they see traffic jams, I see junctions, trains, and bridges. Where they see a crumbling state nearing collapse, I see Israel as a rising global power,” he was cited as saying by the Times of Israel.
 

SeeFartLoong

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Now only Ah Tiongs and Arabs are rich kings, SG52 will be soon in famine also. SG schools must begin teaching students Arab language instead of English, and learn how to polish Golden Escalators for them.




http://www.businesstimes.com.sg/government-economy/proportion-of-profitable-firms-falls-in-2016-mom



Proportion of profitable firms falls in 2016: MOM
Tuesday, May 30, 2017 - 11:29
by
Lee [email protected]@LeeMeixianBT
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The proportion of profitable firms declined from 79 per cent in 2015 to 76 per cent in 2016. As most of the firms had also put in place a wage system that gave the flexibility to adjust wages according to business conditions, wage increase continued to moderate.
PHOTO: ST FILE

THE proportion of profitable firms declined from 79 per cent in 2015 to 76 per cent in 2016. As most of the firms had also put in place a wage system that gave the flexibility to adjust wages according to business conditions, wage increase continued to moderate.

The proportion of employees who received total wage increases also declined from 77 per cent in 2015 to 75 per cent in 2016.

These were the findings from the Report on Wage Practices 2016 released by the Manpower Research and Statistics Department of the Ministry of Manpower (MOM) on Tuesday.

The decline in profitable firms was observed across major industries.

Correspondingly, the proportion of establishments which did not do as well as the previous year (38 per cent in 2015, compared with 41 per cent in 2016) or incurred losses (21 per cent in 2015, 24 per cent in 2016) also rose.



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