Dennis Prager & guest discuss "Start-up Nation, the Story of Israel's Economic Miracle" (3 of 3)

[roeetsabari]

dolar for dolar pound for pound israel is the most advenced sociaty remember only 60 year old country my mom is older than that

[nomadnametab]

wow. the jew-haters come out of the woodwork whenever there is a video on israel. you can say what you wish, but with all the oil trillions the arabs have accumulated over the decades they have built nothing, done nothing and want nothing. except to kill jew infidels. and a few christians if they get a chance. israel is a land of genius and the jew-haters are a world of darkness and barbarism.

[LaLi66]

The point of this video is that its Israel's own entrepeneurship which is driving its economy, not U.S. military aid which constitutes 1% of Israel's GDP. Obviously you really resent the success of the Jewish people and Israel.

[jhbgaiem]

Nothing I have written 'demonises' Israel in any way. All I have done is to politely sate the facts.

I would appreciate similar politeness on your part.

I have much respect and admiration for Israel, I have been there many times over the last thirty years.

Israel can defend itself with the facts - leave the fantasy to its enemies.

[jhbgaiem]

As far as stock market listings are concerned, Chinese companies are not allowed to be list on US markets. The Nazdaq, as I'm sure you know, is mostly for start ups and the Japanese use the Tokyo exchange, the Indians use Mumbai and the Europeans use London, Frankfort and Paris. Why on earth would they use New York?

I imagine that Israel has to use New York as it probably lacks the financial structures to raise its own capital.

[upandopen]

I agree with you. Israel has done very well but not as well as they make it out to be.

[danndan6]

your just not getting it are you? it has a higher graduate rate than the superpower USA, higher startups than the superpower USA, higher innovation rate than the superpower USA.........and you attribute this to a meager 3 billion which israel has rejected for several years? why can you not show credit where credit is due?

[USA4July1776]

American Jews are even looking at Israel for job opportunities during this tough recession and anti-business leftist radicals in power here in the USA.

[jhbgaiem]

This is such good news that Israel has such a great economy.

Now they can stop taking all the billions of dollars of aid that the USA sends them each year - and maybe even pay some back.

[danndan6]

billions of dollars of aid? when you take out a high interest loan from the bank, do you call it aid? the money benefits america more than it benefits israel. many israeli economists dont like the loan because it doesnt help israel. and israel has rejected the loan for several years. israel pays back the interest EVERY year. you clearly know not a lot about economics do you. were you aware that part of the agreement was that a large % of that LOAN had to be invested into american companies?

[jhbgaiem]

Total direct U.S. aid to Israel amounts to well over $140 billion in 2003 dollars. Israel receives about $3 billion in direct foreign assistance each year, which is roughly one-fifth of America's entire foreign aid budget. In per capita terms, the United States gives each Israeli a direct subsidy worth about $500 per year. .

- John J. Mearsheimer and Stephen M. Walt

"The Israel Lobby and U.S. Foreign Policy"

[danndan6]

again, when you take out a loan from the bank, you dont call it aid but with israel you have double standards. and israel has rejected the loan for several years. israel has alot more to offer the US than bolivia which is why the US wants to give israel the most money

[jhbgaiem]

This $140 billion represents direct aid (not loans) given since 1973. When you express your opinions please have the politeness to show the source of your information.

This quantity of aid represents $500 per Israeli citizen per year.

As far as the loans go, all I am suggesting is that now they are so successful, they can pay it back. As you so rightly say, this will save them all those interest payments.

[danndan6]

bro, the money given by the US to israel is a high interest loan and part of the agreement is that the money gets invested into american companies. you tell me to source and then dont source yourself? israels success has nothing to do with this detrimental loan. israels success is down to the fact that israel has the highest UNI graduates per capita.

[jhbgaiem]

I did give you the source as you would have noticed if you had read my post. I can see it here as I type this reply.

Oh, by the way, if Bolivia had had $140 billion dollars, they would have as many university graduates.

[danndan6]

really? hahaha. so the GDPs of europe, japan, china and india combined are 28 trillion dollars but the reason why israel has more nazdaq listed companies than all of them combined is because it used to receive a high interest loan of 3 billion. that is the most pathetic attempt of demonization i have ever heard

[jhbgaiem]

I am sorry that you are so upset to be getting some home truths. You seem unable to use the word 'loan' without the adjectival phrase 'high interest'. America certainly loans money to Israel (why not?) but this has nothing to do with the $3Bn to $5Bn aid that Israel receives from the USA. Another source of Israeli income is the investment in Israel made by Jews from all over the world.

[danndan6]

lol, the "aid" is the loan. you clearly have never researched the US-israel joint economic development group. i use the word "high interest" because unfortunately some people need truths to be drilled into their heads to grasp current affairs properly. what you call aid is actually a high interest loan that israel has got israel in $91billion of debt. part of the agreement was that the money must be spent on american firms and for several years israel has rejected it. DONT YOU GET IT!!!???

[danndan6]

if the total GDPs of europe, india, japan and china combined are $28 TRILLION then israels extra 3billion has nothing to do with the fact that israel has more nazdaq companies than all of them combined. money and population are not factors if the smallest and poorest of those countries has the highest graduate, book publishing, nazdaq, and startup rates. or are you saying that israel can do more with 3 billion then china, europe, japan and india combined can do with 28 trillion?

[jhbgaiem]

Well I tried to help you but you have been too well programmed. If you even read your own replies you could see that they are full of contradictions.

You don't understand the terms you use and you confuse interest, capitol, cash and income. I shall not bother to read any more of your nonsense. I suspect that you are an enemy of Israel pretending to be a friend.