‘Israel in collapse’: 46,000 businesses forced to close since 7 Oct

Wow. I didn't know that reddit was now tracking things (and maybe keeping people inside their own corporate ecosystem) like google does with their amp shenanigans. This is what the link is:

https://out.reddit.com/t3_1e0m1kw?anon=1&app_name=ios&token=AQAAnjeQZvneIXNS0N_D6FGmhtAH8JZvcAHEDYVwgfCULXMlq1LE&url=https%3A%2F%2Fthecradle.co%2Farticles-id%2F25882

This is what the link should be:

https://thecradle.co/articles-id/25882

I'll comment on the article of course, but as someone who left reddit a year ago I can't help but point this startling discovery out

The article doesn't mention anything about BDS, unfortunately. All causes are attributed to ongoing military issues in Palestine and with Hezbollah, and lack of tourism:

Israel is in a situation where “there is almost no foreign tourism,” the report said, adding that “damage to businesses is all over the country, and almost no sector has been spared.”

Gee, it's almost like blatantly and remorselessly committing colonial genocide and reducing your country's presence on the global stage to lies and covering up war crimes makes people not want to visit your country. Shocked Pikachu face

I found this an informative read, because we in the West get such biased (pro-Netanyahu, pro-Israel government, pro-Zionism) coverage of what's going on in Israel

If you're wondering if that's a high or a low number, in 2023 58 000 new companies were founded in Israel, 46 000 were closed, and there were a total of 683 000 active businesses.

So 46 000 closed in 9 months is a bit higher than usual. Calling a war time downturn like this a collapse is perhaps not intellectually honest. Especially when they don't mention how many companies were founded during that time.

Boycotts work